Woodbury closed sales are up 21%! There is currently only a 3 months supply of inventory of homes on the market. Overall in the Twin Cities closed sales are up 17% with a 4 months supply of inventory currently on the market. Woodbury’s average sale price is $305,000 compared to the overall Twin Cities average sale price of $261,000.
Maybe the best news for homeowners is that buyers are buying previously owned homes again!
Take a look at these stats:
Woodbury 2015 = 982 closed sales YTD - 40 were new … (0 comments)
woodbury market statistics: 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 market statistics: What Happened to Woodbury's Luxury Home Market in 2013?
- 11/20/13 03:02 AM
The average housing market is up dramatically in Woodbury compared to 2012 however; the luxury market has remained about the same year over year. In 2013 we experienced a solid number of homeowners taking advantage of low interest rates and the buyer demand for the home they would need to sell to move up to their dream home. Here are the numbers: 2012 10 homes sold over $750,000 The average sale price was $862,000 The average days on market was 120 days The average home sold over $750k was a 6,000 square foot, 6 bedroom, 6 bath home 2013 11 homes … (0 comments)
woodbury market statistics: 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)
There is some terrific news that has come out of the housing market in 2015!
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