Unfortunately for traditional sellers of Oakdale MN homes who (1) either over-priced their home and it didn't sell; or (2) are trying to time the market before putting their home on the market there has been a 8.1% depreciation in the average sales price the past two years from September of 2009 through September of 2011. At the end of September 2011 the average sales price for a traditional home sale in Oakdale MN was $176,699 down from $191,883 in September of 2009.
If you are thinking of selling your Oakdale MN home you should contact John & Becky Durham. Every home we sold in Oakdale this year we sold above or very close to list price, and all the homes sold within a couple of days to a few short weeks on the market. Our marketing, negotiation skills, and communication talents help our clientelle obtain the very best price and terms.
What the above housing statistics for Oakdale means for buyers of Oakdale MN homes is that there couldn't be a better time to purchase a home in Oakdale with the continued depreciation of homes combined with the historically low interest rates. John & Becky Durham particularly enjoy working with buyers as we lived and worked in Oakdale for 23 years and specialize in creating a seamless transaction. We uniquely know the Oakdale MN housing market.
Below you will see bar graphs and a graph showing a rolling twelve month average for the average sales price in Oakdale MN for traditional sales, foreclosure sales, and short sales.
Note: The graph below is provided by the Minneapolis Area Association of Realtors.