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!

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 …

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 …

Luxury Home Sales Are Improving!

Wade 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 about the same with 38 sales in 2010 and 35 sales in 2012. If you are considering …

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 – …

Marketing Luxury Properties

Wade Blog, Featured, Sellers

Marketing luxury properties is all about identifying the key characteristics that make a home unique, finding the home’s story, and telling that story to the right prospects. Most agents take the cookie-cutter mass marketing approach with a luxury property.  This is very ineffective and a waste of time and money. Targeted lifestyle marketing helps to sell the home more quickly …

Stonemill Farms Woodbury, MN

Wade Blog, Buyers, Market Data, Sellers

The Stonemill Farms community in Woodbury has everything you could look for in a home and a family friendly neighborhood. Not just homes, but a real hometown with award-winning schools, pools, parks, trails and shopping, all making it the perfect place to raise a family. Stonemill Farms is built on 700 acres with an abundance of trails to connecting neighborhoods, …

7 Things to Consider When Purchasing a Fixer-upper Home

Wade Blog, Buyers 0 Comments

For some reason consumers like to think that because a home is considered “distressed” or has the words short sale and foreclosure in the description it is a great “deal”.  I would encourage you to really think it through when considering a traditional sale versus a distressed home.  When you buy a fixer-upper home, you can save a ton of …