.

Woodbury Real Estate Update for January 7, 2013

There are only 138 homes for sale in Woodbury right now... 138! I know this number will grow and potentially double by March so beat the rush.

As the new year kicks off we are out of the gates with a bang.

As inventory continues to reduce I only wonder what's holding back the listings as we enter 2013. Showing activity was up leading into the long Christmas holiday weekend. There are only 138 homes for sale in Woodbury right now... 138!

I know this number will grow and potentially double by March so beat the rush, buyer activity is strong and get your home sold before competition builds.

The stats for the Woodbury Real Estate Market in the previous week:

• New listings rebound slightly with 26 homes hitting the market

• Pending properties slide 5%, now 108 homes under contract

• Overall inventory is down with 219 homes for sale

When adjusted for seasonality and compared to 2011 for the month of December 2012: 

• Median Sales Price is up 8.5% to $240,000

• Days on Market is down 31% to 103 days on market

• Percent of original list price received went up to 95.1%

• Months supply of inventory is down 57% to 3.7 months

 

Information is gathered from the Northstar Multiple Listing System and "InfoSparks" 

Good luck and happy home selling!

Matthew Johnson

www.mattjrealtor.com

The Johnson Real Estate Group serves Woodbury, Oakdale, Cottage Grove, and the entire Twin Cities Area including Western Wisconsin! We are dedicated to providing a superior experience when buying or selling your Twin Cities home! Contact us at www.mattjrealtor.com to find out more.

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »