Health & Fitness
Woodbury Real Estate Update for Mid-August 2012
The pinch to find a home is decreasing the # of homes a buyer looks at before making the decision to purchase...
The Woodbury Real Estate Update for mid-August 2012 shows us that sales continue amid a slight decrease in showing traffic.
Could it be that the pinch to find a home is decreasing the number of homes a buyer looks at before making the decision to purchase... I think so but that data will not come out till the spring of 2013 when NAR (National Association of Realtors) releases their "Statistics of Homebuyers and Sellers." A great publication that provides valuable insight regarding trends in the market place and what to expect in the next sales cycle.
The weekly stats for Woodbury homes sales in the week ending August 14, 2012:
Find out what's happening in Woodburyfor free with the latest updates from Patch.
• New listings replace sales with 34 new homes hitting the market
• Pending properties rise another 6% with 174 homes under contract
Find out what's happening in Woodburyfor free with the latest updates from Patch.
• Overall inventory decreases again to 300 homes for sale
When adjusted for seasonality and compared to 2011 for the month of July 2012:
• Median Sales Price was the same at $229,000
• Days on Market is down 17% to 118 days on market
• Percent of original list price received went up to 94%
• Months supply of inventory is down 52.1% to 4.4 months
Information is gathered from the Northstar Multiple Listing System and "InfoSparks"
Good luck and happy home selling!
Matthew Johnson
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.
