If you were waiting for the Woodbury housing market to “hit bottom”, you’ve waited too long. The housing market has officially reached (and exceeded) pre-recession numbers in Woodbury and while next year will not explode like 2013 did, I do expect 2014 to remain strong.
Here are the numbers:
- 2008 = 936 homes sold, 78 days on market, average price of $290,503
- 2009 = 989 homes sold, 70 days on market, average price of $252,393
- 2010 = 855 homes sold, 76 days on market, average price of $257,944
- 2011 = 964 homes sold, 83 days on market, average price of $236,283
- 2012 = 1086 homes sold, 70 days on market, average price of $256,368
- 2013 = YTD -1,242 homes sold, 45 days on market, average price of $283,719
