Woodbury Luxury Home Sales

Wade Blog, Buyers, Market Data 0 Comments

Luxury home sales in Woodbury fell drastically in 2016 compared to 2015.  There were only 15 closed transactions in Woodbury over $700,000 in 2016 versus 30 closed sales the previous year.  Now more than ever you need to be working with a professional that has a proven track record in the upper-bracket!

Are You Frustrated With Your Luxury Realtor?

Wade Blog, Featured, Sellers

Are You Frustrated With a Lack of Results?  Tired of Hearing Excuses From Realtors?  So am I. As a Real Estate Broker with over 15 years of experience, I’m appalled at the excuses and lack of effort I have seen in the real estate industry recently. You deserve better. Especially in a luxury market, there is no room for excuses. …

Preparing Your Home To Sell

Wade Blog, Home Improvement, Sellers

Woodbury’s housing market is experiencing extremely low inventory, demand is soaring and sellers may think that their home will move in mere minutes and at an inflated price. These dreams of big prices and warp speed sales can end up becoming a major disappointment for sellers if you aren’t willing to follow a few simple steps prior to putting your …

Should I List My Home For Sale During The Holidays?

Wade Blog, Sellers

With the holidays approaching, sellers often wonder if they should keep their properties on the market or take them off. Or if they haven’t listed their homes yet, should they wait until after the first of the year? Maybe hold off until spring? There tends to be less inventory around the holidays, so in my opinion it’s a good time …

Do You Show Your Own Luxury Listings?

Wade Blog, Featured, Sellers

The answer is YES!  While average agents like to leave things to chance, I prefer to be present at all showings for my luxury listings to make sure no stone is unturned. Here’s a few reasons why: Aside from the seller, nobody knows the property better than me.  Sellers take the time to show me the ins and outs of …

Woodbury Housing Statistics for October 2013

Wade Blog, Buyers, Market Data, Sellers

The numbers are in for October and the Woodbury housing market continues to show signs of improvement.  Here are some key indicators: Closed sales up 35% over 2012 Pending sales up 7% over 2012 The average sales price is up 2% from 2012 The inventory of homes for sale is down 11% from 2012 Homes that sold in October were …

What Wealthy Buyers in Woodbury Want

Wade Blog, Buyers, Featured, Market Data 0 Comments

When searching for luxury homes in Woodbury wealthy home buyers rank open floor plans, smart technologies, and outdoor living space as top amenities in their home purchases.  Here are their top-ranked amenities: An open floor plan Fully automated/wired home system, which could encompass high-speed cable and integrated music systems, computerized lighting, and home monitoring systems Outdoor living space Large Kitchen …

Woodbury’s Current Housing Market

Wade Blog, Market Data, Sellers

Wow, what a difference 24 months makes!  When comparing 2011 to 2013, the buyers have flooded Woodbury’s Housing Market and completely flipped the market from a buyers market to a sellers market. In April of 2011 there were 530 homes on the market, as of today there are only 288.  That’s a 50% decrease in inventory!  In April of 2011 homes …

Minnesota’s Certified Luxury Homes Marketing Specialist

Wade Blog, Buyers, Featured, Sellers

Wade is a member of the prestigious Institute for Luxury Home Marketing and has 14 years of experience in the top 10% of the market. Recognized as the mark of accomplishment in luxury markets around the world and the official luxury designation of many national and international brands, the Certified Luxury Home Marketing Specialist® (CLHMS) designation assures affluent buyers and …

Luxury Home Market Q and A

Wade Blog, Buyers, Featured, Sellers

What is the starting price for a luxury home in your market? WH – Compared to the West Metro, I think the East Metro is a bit more affordable when it comes to “luxury”. I would consider a home priced over $500,000 to be high-end in this area. How would you describe the pulse of the luxury market? WH – …