Woodbury Homes For Sale and Market Update; January 6th, 2014

Woodbury Homes For Sale and Market Update; January 6th, 2014

Real estate market data for Woodbury Homes For Sale, provided by Matthew Johnson of The Johnson Real Estate Group at Keller Williams

Real Estate Activity Update

Wow, long time no see! I was away for a week in Door County Wisconsin visiting my family and in-laws for Christmas…. of course one family decides to celebrate the Saturday before and the other gathers on the Saturday after! Good news is we had two contracts come together since I last wrote and Woodbury has seen 35 sales with at least 5 occurring the week of new years!

The one thing we know is buyers looking during the holidays are MOTIVATED to do something and anyone who decided to hold off missed out on that opportunity. I look forward to seen how we grow again in 2014, should be another exciting year. In 2013 Woodbury new construction went up about 18% in pricer while existing homes grew in price around 11%.

Interest rates are expected to climb but not by much over the next 12 months, inventory remains about 32% lower than a year ago. I have heard that even Case-Shiller does not predict another bubble in the near future. Got to http://twincities.guaranteedsale.com if you want to see what your home is worth today!

The stats for the Woodbury Real Estate Market in the previous week

• New listings of Woodbury Homes For Sale continue with 11  homes hitting the market

• Pending properties add 17 sales, with 62 pending homes

• Overall inventory is at 241 homes for sale… 32 have offers in contingency status!

 

When adjusted for seasonality and compared to 2012 for the month of November 2013:

• Median Sales Price is up 10% to $266,500

• Days on Market is down to 68 days on market

• Percent of original list price received is still at 97.4%

• Months supply of inventory in Woodbury is down 32.1% to 2.8 months *NOTE : SELLERS MARKET*

 

Click to view the current inventory of Woodbury Homes For Sale, or New Listings In Woodbury Minnesota or New Construction Homes in Woodbury!

 

 

Information is gathered from the Northstar Multiple Listing System and “InfoSparks”

Good luck and happy home selling!

Matthew Johnson

www.mattjrealtor.com

Licensed in both Minnesota and Wisconsin, The Johnson Real Estate Group serves; Woodbury, Oakdale, Cottage Grove, and the entire Twin Cities Area including Western Wisconsin! We are dedicated to providing a superior experience when buying or selling your Twin Cities home! Contact us at www.mattjrealtor.com to find out more.

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