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Jason Lange's Blog

By Jason Lange | Agent in Woodbury, MN

Woodbury, MN Market Statistics

Good news Woodbury, MN!! According to The Minneapolis Area Association of Realtors statistics, Woodbury homes values are up 9.1% accross the board from December 2011 through November 2012!!  Pending sales are up 16.1%, closed sales are up 10.2% and new listings are down a whopping 30.4%. As of November 2012 there is only a 3.8 month supply of available homes. What does that mean?? This number tells us when we will be out of available inventory. If there were no new listings it would take approximately 3.8 months to exhaust current housing supply. What does that mean to someone that would like to sell? Now is an amazing time to sell!! Buyers are eager to find a home with interest rates being at an all time low and as values are starting to come up they are trying to secure a home as soon as possible. 

If you are looking into buying a Woodbury home for sale check out my
homebuyers guide and tools or search the mls and see what's on the market! Or, if you are l
ooking further into selling your Woodbury home please stop by and check out my  home sellers guide for more information!!

Yours in real estate,
Jason Lange
Realtor
www.iHEARTMNHOMES.com
612-247-7593


Comments

By Bing Markham,  Thu Jan 3 2013, 13:16
This really is good news!!! Sellers will be excited to here that homes are selling and prices are rising and buyers are still getting a great deal since interest rates are low! Hopefully the trend continues!
 
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