Home Sales Statistics Stillwater MN 2011
In the eastern Washington County community of Stillwater, MN new listings and average sales price were the only real estate indicators with a significant year to year change from 2010 to 2011. New listings were down nearly 21% from 662 in 2010 to 518 in 2011, while closed sales were up by less than 1%. The average sales priced dropped just over 5% to $246,480, down from $260,161 in 2010. Homes are bringing in an average price per square foot of $116 which is much better than other communities in the northeast Minneapolis/St. Paul area but still down a bit from $120/sq ft that homes in Stillwater were getting on average in 2010. Like most other north and east metro suburbs, sellers are getting just over 90% of their asking price; also down from 91% in 2010 but the change isn’t significant The average time on the market to sell a home was pretty flat dropping from 173 in 2010 to 172 in 2011. Again this statistic is comparable to other surrounding neighborhoods. These end-of-year average statistics are just a snapshot of the Stillwater real estate market as it continues to move toward becoming balanced.