What's that saying about how history tends to repeat itself? No different in this late summer market here in Woodbury. Inventory is falling slightly at this time and will continue into the fall. What I really like to see is the increase in pending homes!
The stats for the Woodbury Real Estate Market in the previous week
• New listings in Woodbury continue with 39 homes hitting the market
• Pending properties add 39 sales, we now have 205 pending homes
• Overall slips to 324 homes for sale… 79 have offers already!
When adjusted for seasonality and compared to 2012 for the month of July 2013:
• Median Sales Price is up 10.5% to $256,000
• Days on Market is down to 79 days on market
• Percent of original list price received went up to 96.9%
• Months supply of inventory in Woodbury is down to 3 months *NOTE : SELLERS MARKET*
To view the current inventory of Woodbury Homes For Sale, Or Woodbury Foreclosure Property please use this link: http://mattjrealtor.com/idx/city/woodbury/?idx-q-PropertyTypes=773
Information is gathered from the Northstar Multiple Listing System and “InfoSparks”
Good luck and happy home selling!
Matthew Johnson
www.mattjrealtor.com
Licensed in both Minnesota and Wisconsin, 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. -
See more at: http://mattjrealtor.com/woodbury-homes-for-sale-and-market-update-august-13th-2013/#sthash.SZ7DuLHW....
