2011 Dancing Water’s Housing Market Statistics – Woodbury MN – Durham Executive Group

2011 Dancing Water’s Housing Market Statistics – Woodbury MN – Durham Executive Group

For all of Dancing Water’s single family homes:

-          15 homes were still showing as active at end of 2011.

-          Of these 15 homes only 6 of them are existing single family resale homes that were homesteaded. One of the

                6 homes today is the first day on the market. Of the remaining 5 homes the average cumulative days on market totaled

                252 each.

-          22 homes listing contract expired.

-          15 homes that were on the market had their listing contract cancelled.

-          One home was pending as of the end of the year with cumulative days on market of 74.

-          35 homes sold out of the 88 homes that were put on the market during 2011.

-          Of the 35 homes that sold 25 homes were new construction in 2010, or 2011 and were never homesteaded.

-          The 10 existing resale homes that sold averaged 174 cumulative days on the market.

-          The 10 resale existing homes sold saw the lowest sale price of $245,000, and the highest home sold for $747,000.

-          The average sale price of the 10 existing resale homes = $480,010.

* Data for this post was researched from the Minneapolis Area Association of Realtors

Follow the Durham Executive Group's blog for ongoing Dancing Water's - Woodbury MN housing statistics. Whether you are a home seller or a home buyer stay informed and current about what is happening in Dancing Water's - Woodbury MN. Contact John & Becky Durham whether selling or buying as we expertly know the market. If you are contemplating purchasing a new construction home keep in mind we have expertise in representing buyer's when building.