Woodbury Homes For Sale and Market Update; September 3rd, 2013

Woodbury Homes For Sale and Market Update; September 3rd, 2013

Real estate market data for Woodury, MN provided by Matthew Johnson of The Johnson Real Estate Group at Keller Williams

Weekly Real Estate Activity Update

Even with the Labor Day weekend we continue to see Woodbury Homes for sale receive offers! The month end numbers also showed they were closer to asking price than in July as well! I know it’s back to school for a lot of families right now but there is plenty of time to make the move before winter comes.

Watch for a new school levy coming down the pipeline from ISD #833 South Washington County Schools at the next election. There is a upcoming need for a couple more elementary schools and another middle school so the district would like to buy land while it’s less expensive. By their estimates this would affect the median house in Woodbury ($250,000) about $72 a year or $6 per month if all three questions are approved. If voted down property taxes would actually decrease.

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

• New listings in Woodbury slow with only 25 homes hitting the market

• Pending properties add 33 sales, with month end closings we drop to 179 pending homes

• Overall inventory drops as expected to 309 homes for sale… 71 have offers already!

 

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

• Median Sales Price is up 11.9% to $259,900

• Days on Market is down to 76 days on market

• Percent of original list price received went up to 97.1%

• Months supply of inventory in Woodbury is 3 months *NOTE : SELLERS MARKET*

 

To view the current inventory of Woodbury Homes For Sale, Or Woodbury Foreclosure Property please use this link:

http://mattjrealtor.com/idx/city/woodbury/?idx-q-PropertyTypes=773

 

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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