Woodbury Homes For Sale and Market Update; March 10th, 2014

Woodbury Homes For Sale and Market Update; March 10th, 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

That’s more like it Woodbury! We saw a 96.2% increase in homes listed for sale last week over the previous, almost 2X what we have seen all spring. Unfortunately, we’re still not keeping up with the buyer demand so call us today if you’re interested in making a move! I expect that inventory will continue to build now into June with the warm weather and buyer traffic to remain strong. Rates will not jump but steadily climb throughout the year as prices do the same. The cost of home ownership on a national perspective is about 14.1% now and typically sits around 20% of the median income.

More house for less money.. how could you go wrong?

Call us today to set up your 1 on 1 no obligation home seller consultation. 651-209-3767

Go to http://woodburyhomevalues.info  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 jump with 51  homes hitting the market

• Pending properties add 28 new sales, with 108 pending homes

• Overall inventory is at 276 homes for sale… 53 have offers in contingency status!

 

When adjusted for seasonality and compared to 2012 for the month of January 2014:

• Median Sales Price is up 12% to $275,000

• Days on Market is down to 68 days on market

• Percent of original list price received is still at 97.3%

• Months supply of inventory in Woodbury is down 25% to 2.8 months *NOTE : SELLERS MARKET*

 

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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