luxury homes woodbury: What's Wrong With Woodbury's Housing Market? - 06/20/14 12:12 AM
A year ago homes were selling faster than we could put a sign in the yard.  The combination of interest rates near 3.5% and record low inventory made for an extremely active housing market in Woodbury.  Homes increased in value nearly 13% last year and home sales were up over 25% compared to the year prior.     Fast forward 12 months later and sales are down nearly 17% and home values are up only 3.5% in Woodbury.  Compare that to the rest of the Twin Cities where sales are only down 11.4% and home values are up over 8%.    … (0 comments)

luxury homes woodbury: 5 Things That Turn Off Luxury Homebuyers - 05/14/14 01:21 AM
Luxury homebuyers are demanding and have certain expectations that have to be met.  If you want to make the best first impression and appeal to even the most critical of luxury homebuyers, follow these five simple steps.
 
1.     Overpricing
Luxury homebuyers are capable of buying high-end homes because they are savvy investors.  These buyers are not about to consider making a bad investment and buying a home that is overpriced.  Overpricing says to a buyer that the seller has unrealistic expectations and they won’t even bother making an offer or even looking at an overpriced home.  You need to find … (2 comments)

luxury homes woodbury: Woodbury Luxury Home Sales Statistics - 02/19/14 01:05 AM
The luxury market in Woodbury has picked up the last 12 months and I expect this trend to continue.  If you are considering selling your home in 2014, there are some important facts to consider before selecting an agent to represent you.
First, there have only been 9 sales in Woodbury over $750,000 the last 12 months - Wade Hanson has sold 4 of those homes and RE/MAX has sold 7 of the 9 homes.  Coldwell Banker and Edina Realty each sold one home over $750,000 in Woodbury.
Most importantly, I am able to get you more money for your upper-bracket home … (0 comments)

luxury homes woodbury: Woodbury Neighborhood Statistics 2012 vs 2013 - 12/05/13 02:28 AM
How does 2013 compare to 2012 and what neighborhoods have seen the most activity?
Stonemill Farms outperformed all other neighborhoods when it comes to the number of homes sold.  This is mostly due to the number of new construction homes that were sold in 2013.
While Stonemill experienced solid appreciation in 2013, Wedgewood continues to see the greatest appreciation year over year.
  
 
DOM = Days on Market until closing
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luxury homes woodbury: Woodbury, MN Housing Statistics for October 2013 - 11/06/13 11:38 PM
The numbers are in for October and the Woodbury housing market continues to show signs of improvement.  Here are some key indicators:
Closed sales up 35% over 2012 Pending sales up 7% over 2012 The average sales price is up 2% from 2012 The inventory of homes for sale is down 11% from 2012 Homes that sold in October were only on the market 54 days compared to 88 days in October of 2012 One of the most important numbers that reflect a healthy housing market is the fact that there is only a 2 and 1/2 months supply of homes … (0 comments)

luxury homes woodbury: What Wealthy Buyers in Woodbury Want - 10/01/13 05:54 AM
When searching for luxury homes in Woodbury wealthy home buyers rank open floor plans, smart technologies, and outdoor living space as top amenities in their home purchases. 
Here are their top-ranked amenities:
An open floor plan Fully automated/wired home system, which could encompass high-speed cable and integrated music systems, computerized lighting, and home monitoring systems Outdoor living space Large Kitchen with high end appliances Neighborhood Home theater Pool Lot location It's not necessarily the amount of square footage in a home that matters but use of the space and quality of the finishes that counts.
 
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luxury homes woodbury: Woodbury, MN Housing Market April 2013 - 05/21/13 02:40 AM
Wow, what a difference 24 months makes!  When comparing 2011 to 2013, the buyers have flooded Woodbury’s Housing Market and completely flipped the market from a buyers market to a sellers market.
 
In April of 2011 there were 530 homes on the market, as of today there are only 288.  That’s a 50% decrease in inventory!  In April of 2011 homes took an average of 173 days to sell and were selling for 90% of original list price.  In April of 2013, homes sold in less than 65 days and sellers were able to get 97% of original list price. … (0 comments)

luxury homes woodbury: Woodbury Luxury Home Sales Are Improving! - 03/05/13 02:52 AM

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luxury homes woodbury: Minnesota's Certified Luxury Homes Marketing Specialist - 03/05/13 01:39 AM
Wade is a member of the prestigious Institute for Luxury Home Marketing and has 14 years of experience in the top 10% of the market.
Recognized as the mark of accomplishment in luxury markets around the world and the official luxury designation of many national and international brands, the Certified Luxury Home Marketing Specialist® (CLHMS) designation assures affluent buyers and sellers that the agents who have earned it have the knowledge, experience, competence, and confidence they require.
Agents who hold the CLHMS designation are Members of The Institute who have completed required training and have successfully demonstrated their expertise in the … (0 comments)

luxury homes woodbury: How Do Home Sellers Compete With New Construction? - 02/27/13 01:02 AM
The Woodbury new construction market is HOT right now.  Sellers are losing buyers to the “shiny new product” on the market.  So how do you compete?
First, you can compete with the price. New construction typically is much higher in price per square foot. Price your home at fair market value and don’t think you need to allow room to negotiate.  A home priced right in today’s market should sell for about 98% of list price or better and should have an accepted offer within 60 days.
Second, make sure your light fixtures and bathroom fixtures are up to date.  Brass … (0 comments)

luxury homes woodbury: Stonemill Farms in Woodbury, MN - 01/29/13 04:09 AM
The Stonemill Farms community in Woodbury has everything you could look for in a home and a family friendly neighborhood. Not just homes, but a real hometown with award-winning schools, pools, parks, trails and shopping, all making it the perfect place to raise a family. Stonemill Farms is built on 700 acres with an abundance of trails to connecting neighborhoods, open spaces and the community center area. With it’s custom home styles, award winning builders, sate of the art community center; Stonemill Farms has everything your family could imagine in a top-notch neighborhood to call home.

The Community Center at Stonemill … (0 comments)

luxury homes woodbury: Woodbury, MN Housing Statistics 2012 - 01/02/13 04:55 AM
According to the media, the housing market is back right?  Not so fast, while 2012 was a tremendous improvement from previous years we have a long way to go before we can call the housing market “stable” again.  Maybe the best news is inventory is currently down 30% and the current months supply of inventory is less than four months compared to nearly six months a year ago.
Here are some positive signs and my thoughts:
Median Sales Price 2012 = $240,000
Median Sales Price in 2011  = $219,700
Up 10%
Does this mean my house is worth 10% more than … (0 comments)

luxury homes woodbury: Marketing Luxury Properties - 10/11/12 12:54 AM
Marketing luxury properties is all about identifying the key characteristics that make a home unique, finding the home's story, and telling that story to the right prospects. Most agents take the cookie-cutter mass marketing approach with a luxury property.  This is very ineffective and a waste of time and money. Targeted lifestyle marketing helps to sell the home more quickly and at a higher price.
The fact is, not all agents are equipped to handle a luxury property.  Buyers and sellers in the upper-bracket demand more skill, knowledge and effort than the average agent is willing to provide a client.
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luxury homes woodbury: Minnesota Luxury Home Market Q and A - 09/19/12 05:34 AM
What is the starting price for a luxury home in your market?
 
WH – Compared to the West Metro, I think the East Metro is a bit more affordable when it comes to “luxury”. I would consider a home priced over $500,000 to be high-end in this area.
 
How would you describe the pulse of the luxury market?
 
WH – Days on market is trending better and we’re seeing prices stabilize – not increasing like some markets, but stabilizing. Activity is also steadily increasing; the private showings the last 90 days have really picked up on luxury homes. … (0 comments)

luxury homes woodbury: 3 Key Factors When Selling Your Home - 09/07/12 12:18 AM
1. Price  Accurately pricing your home is more important now than ever before.  Gone are the days of “let’s try it at this price and see what happens”.  If your home is not accurately priced when it first hits the market it will be overlooked by agents and buyers.  With the large inventory of new listings, buyers and agents simply will not waste their time looking at a home with an unrealistic seller.   If you think you can just drop the price in 60 days if it doesn’t sell and still get top-dollar for your home, your wrong.  Your home … (0 comments)

 
Wade Hanson, Luxury Broker (RE/MAX Results)

Wade Hanson

Luxury Broker

Woodbury, MN

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Address: 604 Bielenberg Drive, Woodbury, MN, 55125

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