woodbury homes: Wade Hanson Launches Luxury Real Estate Book - 01/13/15 12:47 AM
Realtors share the inside scoop on buying and selling high-end real estate
Woodbury, Minn. (Jan. 21, 2015) – Wade Hanson of RE/MAX Results has collaborated with 18 other top producing real estate agents across the country on a new book titled, Luxury Home Selling Mastery, which details the ins and outs of selling million dollar homes. The 214-page book, set to launch today, is currently available on Amazon.com and has a five star rating.
The book speaks to consumers and real estate professionals alike with unique perspectives from high-end agents about the upper bracket market. Hanson’s chapter … (1 comments)

woodbury homes: 2014 Woodbury Home Sales Year in Review - 12/09/14 01:00 AM
Home sales in Woodbury didn’t reach the levels everyone expected this year.  As more and more homeowners gained the necessary equity in their homes needed to sell for a profit, inventory went up over 30%.  This combined with the flood of new housing inventory to compete with and the overall buyer activity down over 6%, created a drastic slowdown in home sales.     The good news is it’s a great time to buy!  High inventory and record low interest rates have combined for one of the best buyers markets we have seen in over five years.       What … (0 comments)

woodbury homes: Preparing Your Home To Sell - 01/29/14 12:01 AM
Woodbury’s housing market is experiencing extremely low inventory, demand is soaring and sellers may think that their home will move in mere minutes and at an inflated price. These dreams of big prices and warp speed sales can end up becoming a major disappointment for sellers if you aren’t willing to follow a few simple steps prior to putting your home up for sale.
Here are 3 simple steps every seller should take before your home hits the market.
1. Staging matters–big time!
“Homes that don’t show well don’t close well.” But still, time and time again we see sellers become stubborn … (0 comments)

woodbury homes: 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

woodbury homes: What Will The New Year Bring To Woodbury's Housing Market? - 11/20/13 03:13 AM
Home prices in Woodbury will rise in 2014 but at a slower, more steady pace compared to 2013.
In 2013, a sense of urgency drove traditional buyers hoping to take advantage of still-affordable home prices and historically low mortgage rates. Buyers found selection limited and were often forced into bidding wars with investors and other buyers who paid cash. Sellers reaped the rewards in terms of quick sales, often above the asking price.
As home prices continue to rise in Woodbury, more owners who had been underwater — meaning that they owed more on their mortgage than their home was worth … (1 comments)

woodbury homes: Woodbury, MN Housing Statistics Last 5 Years - 11/18/13 02:12 AM
If you were waiting for the Woodbury housing market to "hit bottom", you've waited too long.  The housing market has officially reached (and exceeded) pre-recession numbers in Woodbury and while next year will not explode like 2013 did, I do expect 2014 to remain strong.
Here are the numbers:
2008 = 936 homes sold, 78 days on market, average price of $290,503 2009 = 989 homes sold, 70 days on market, average price of $252,393 2010 = 855 homes sold, 76 days on market, average price of $257,944 2011 = 964 homes sold, 83 days on market, average price of $236,283 2012 = 1086 homes sold, 70 days on … (0 comments)

woodbury homes: Stonemill Farms Market Statistics - 10/17/13 10:34 PM
Stonemill Farms remains at the top of the list for home buyers in Woodbury.  The community concept and amenities such as the pool, splash pads, hockey rink, parks, playgrounds, soccer and baseball fields and community center with exercise room have proven to be very appealing to families.
There are currently 40 homes for sale in Stonemill Farms (over half are new construction) with an average asking price of $457,000 for a 3,200 square foot four bedroom home.
There have been 110 single family home sales over the last 12 months!  The average sale price is $435,000 for a 4 bedroom 3,200 … (0 comments)

woodbury homes: Wedgewood Housing Statistics - 10/17/13 12:13 AM
The Wedgewood area continues to be one of the most high demand areas for luxury buyers in Woodbury.  The amenities such as walking trails, parks, golf course, tennis courts and one of Woodbury’s favorite dining establishments – David’s Chophouse makes Wedgewood a unique neighborhood.
Currently there are only 10 active listings in the Wedgewood area (including Wedgewood Valley, Wedgewood Heights and Wedgewood Park).  The average asking price is $593,000 for a 4 bedroom, 4 bath, 4,000 square foot home.
When looking at the sales over the last 12 months there have been 53 home sales with an average sale price of … (0 comments)

woodbury homes: Twin Cities Housing Market Statistics - 04/11/13 03:11 AM
Although the weather isn’t heating up in the Twin Cities, the housing market certainly is!  So what's fueling the ongoing market recovery? First, tightened inventory levels combined with strong demand are fueling price gains in many areas. Second, consumer demand is shifting from distressed properties to conventional homes. Third, record-low mortgage rates and rising rents are supporting housing recovery. Locally, new Listings in the Twin Cities region decreased 5%, pending sales were up 6.6% and inventory levels shrank 31%. Prices also moved higher. The Median Sales Price increased 17.4% to $176,000. Days on market was down 24% to 109 days. Absorption … (0 comments)

woodbury homes: 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)

woodbury homes: 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)

woodbury homes: 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)

woodbury homes: Don't Wait To Sell! - 10/11/12 12:55 AM
Many people assume that most housing sales occur during the spring and summer months, but that’s not the case.
In fact, according data from the National Association of Realtors, dating back to 2000, the winter and fall months are the months with the most home sales.
Spring and summer may seem like the best time of year to catch buyers as this is when we typically see the most buyer activity.  However, I think there is something to be said about being on the market when there is less competition.  Inventory is down right now due to the recent spike in … (0 comments)

woodbury homes: 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.

woodbury homes: Woodbury Luxury Home Sales - 09/05/12 04:35 AM
The media has reported that the housing market is rebounding, right?  Activity is up, sales are up, inventory is shrinking and prices are on the rise.  Not so fast!  As a Broker that focuses on the luxury home market I can tell you we have a ways to go.  While closed sales overall are up about 10% over last year in Woodbury, home sales with a sales price of $369,000 or higher are only up 1.2% and the inventory of these higher priced homes is only down about 18% compared to the market average inventory that is down a total of … (0 comments)

woodbury homes: Woodbury, MN Home Sales - 06/14/11 05:04 AM
Every time you turn on the television or open a newspaper it's doom and gloom in the national real estate market.  But it's what's happening in your local market that really matters.  A year ago we were flooded with false expectations of a recovery due to the $8,000 first time home buyer tax credit.  Now with close to 12 months of activity without any incentives, here's what the numbers look like in Woodbury:
The median sales price in Woodbury over the last 12 months is actually up 1.5% from $231,488 to $235,000.  Of course, the number of closed sales is down 22.7% due to the … (0 comments)

Wade Hanson, Luxury Broker (RE/MAX Results) Rainmaker large

Wade Hanson

Luxury Broker

Woodbury, MN

More about me…

RE/MAX Results

Address: 604 Bielenberg Drive, Woodbury, MN, 55125

Mobile: (651) 274-8584

Email Me




RSS 2.0 Feed for this blog