Woodbury MN Year End 2011 Housing Statistics for 55125 - Durham Executive Group
Woodbury MN year end 2011 (Jan thru Dec) housing statistics specifically for zip code 55125 show a continued drop in overall sale prices and a slight increase in Days on Market Until Sale. The Months Supply of Homes for Sale has decreased considerably, which should help slow the home depreciation in zip code 55125.
- Median Sales Price dropped -9.6% to $195,800
- Average Sales Price dropped -11.9% to $200,671
- Average Price Per Square Feet dropped -9.0% to $90
- Days on Market Until Sale went up 11.1% to 139 days
- Monthly Supply of Homes for Sale went down -8.7% to 5.7 months
- Homes for Sale as end of December was 257 down -18.1%
Woodbury MN year end 2011 (Jan thru Dec) housing statistics combined for both zip codes 55125 and 55129 show a continued drop in overall sale prices and a slight up tick to Days on Market Until Sale. A positive is that the overall number of Woodbury homes for sale declined significantly placing the Woodbury MN housing market in what is considered a balanced market. A balanced market is considered when the total monthly supply of homes for sale is between 5 - 6 months. The current monthly supply of homes for sale in Woodbury as of the end of December was 5.8. Keep an eye on this statistic as we move into the 2012 market in terms of the median sales price, and the average sales price of homes.
- Median Sales Price dropped -9.9% to $219,700
- Average Sales Price dropped -9.1% to $236,585
- Average Price Per Square Feet dropped -6.4% to $98
- Days on Market Until Sale went up +3.7% to 135 days
- Monthly Supply of Homes for Sale went down -5.1% to 5.8 months
- Homes for Sale as end of December was 459 down -12.5%
* Data for this post was researched from the Minneapolis Area Association of Realtors
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