Woodbury Homes For Sale and Market Update; March 31st, 2014

Woodbury Homes For Sale and Market Update; March 31st, 2014

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

Real Estate Activity Update

Now that’s more like it… after 3 weeks over 150 new listings hit the market in Woodbury! And buyers are eating it up! Only 17 more homes for sale now than when we started the month of March. I expect great things going into April and hope you will consider the move while rates are low and affordability is great.

Did you know that a 1% increase in your mortgage rate can compare to a 10% decrease in affordability.. You would go from about $330,000 down to $300,000. In Woodbury it would price you out of new construction and that’s something I specialize in. I know all the builders and what their incentives are… even some “back room” deals they are throwing in. Let me know how I can help.

Affordability is key, 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 drop 22% with 41  homes hitting the market

• Pending properties add 31 new sales, with 133 pending homes

• Overall inventory is at 289 homes for sale… 54 have offers in contingency status!

 

When adjusted for seasonality and compared to 2012 for the month of February 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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