by Wade | Nov 7, 2013 | 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...
by Wade | Oct 1, 2013 | Blog, Buyers, Featured, Market Data
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,...
by Wade | Apr 11, 2013 | Blog
Although the weather isn’t heating up in the Twin Cities, the housing market certainly is! So what’s fueling the ongoing market recovery? First, tightened inventory levels combined with strong demand are fueling price gains in many areas. Second, consumer demand...
by Wade | Feb 12, 2013 | Blog, Buyers, Featured, Market Data, Sellers
Research over the last three years of single family residential home sales in Woodbury shows a positive sign for the luxury market. Homes with a price greater than $700,000 have nearly doubled since 2010! While homes sold between $500,000 and $699,000 have remained...
by Wade | Jan 17, 2013 | 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...