2012 - Woodbury MN Year End Housing Statistics
Is now a good time to sell my luxury home?
Woodbury Median Home Sales Price - Year Ending 2012
The Woodbury real estate housing market made enormous progress in the past year with a median sales price increase of +9.2% (see above graph.) While the last few years have been unpredictable, especially in the luxury home market, we can verify that the market is on the upswing.
The shortage of quality homes for sale in Woodbury has translated into an increase of 9.2% in median sales price and a 23.8% decrease in the amount of time a home spends on the market (see graph directly below.) These numbers indicate now may be the right time to put your home on the market!
Woodbury Days on Market - Year Ending 2012
Your decision to sell your home is a very personal one, and the Durham Executive Group team will guide you through the process. We would be happy to meet with you to provide you with a free market analysis of your home and answer any questions you may have. Call us today!
Woodbury Months' Supply of Homes - Year Ending 2012
A balanced housing market is achieved when there is a 5-6 month supply of homes on the Woodbury housing market. If the months' supply of homes on the market is more than 6 months, we are in a 'buyer's market. If there is less than a 5 months' supply, the market is called a 'sellers' market. Woodbury is a high demand community. In 2012 we say the months' supply of homes drop considerably, by 37%. With a 3.7 months' supply of homes available to buyers, this means we are in a sellers' market situation in Woodbury as we begin 2013.
To learn more about what John and Becky will do to market your Woodbury luxury home, see the videos detailing their premiere services. It's all on their website at www.results.net/john.durham.
John and Becky Durham are a marketing award winning husband and wife real estate team specializing in the marketing and selling of luxury homes in Woodbury. Both John and Becky have earned master's degrees. Their marketing expertise, combined with their executive level business and consulting experience, means they are uniquely equipped to negotiate the best deal for you, whether you are buying or selling a Woodbury luxury home.
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