This post was contributed by a community member. The views expressed here are the author's own.

Health & Fitness

Woodbury Real Estate Update: Oct. 8, 2012

We continue to sell homes at record rates in to the month of October 2012! I am going to keep an eye on the vacant lot inventory and some upcoming city council decisions...

Buyers continue to make a great showing amid frigid temperatures and less than favorable home selling conditions!

Cold weather, schools back in session and low inventory can't hold the real estate market back... heck, even the Vikings are trying to make the market tank and we continue to sell homes at record rates in to the month of October 2012!

I am going to keep an eye on the vacant lot inventory and some upcoming city council decisions regarding future development opportunities south of Bailey road into the new year.

Find out what's happening in Woodburyfor free with the latest updates from Patch.

The stats for Woodbury homes sales in the previous week:

• New listings remain steady with 34 homes hitting the market

Find out what's happening in Woodburyfor free with the latest updates from Patch.

• Pending properties remain strong with 129 homes under contract

• Overall remains up a little with 290 homes for sale

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

• Median Sales Price was the same at $235,000

• Days on Market is down 25% to 109 days on market

• Percent of original list price received went up to 94.5%

• Months supply of inventory is down 57% to 4.1 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.

Matthew Johnson |The Johnson Real Estate Group

Keller Williams Premier Realty

651.209.3767 Office/ 651.775.7515 Cell

matt@tjreg.com

Search for your ideal home 

The views expressed in this post are the author's own. Want to post on Patch?