Eagle Valley, Woodbury, MN - Blog

Marsh Creek Housing Market - 2012 in Review - What to Expect in 2013

john.durham@results.net — Mon, 28 Jan 2013 00:00:00 GMT

Marsh Creek Housing Market - 2012 in Review - What to Expect in 2013

The stock market is up, and so is the Woodbury housing market. The Marsh Creek housing market in particular showed promising gains in 2012. With only a 1.4 months’ supply of homes on the market in 2012, Marsh Creek is clearly a seller’s market (less than a 5 months’ supply of homes on the market.) This high demand Woodbury neighborhood also saw incredible gains in median price, going up 21.3% in 2012 to $486,500! This translated into an increase of 17.9% in price per finished square foot.

This is big news in the luxury home market, where the past 6 years have seen enormous price drops as high end homes languish on the market for months. We predict the lack of supply will continue to drive sale prices up in 2013.

When you combine great location, great schools, and a great neighborhood with this positive market data, it’s easy to see why the perfect time to be a Marsh Creek homeowner is now!

If you have been waiting for the market to turn around to sell your home, now may be the time. Get a jump on the trend!

John and Becky Durham - 651-231-2191

www.results.net/john.durham

Housing statistics and information provided by John and Becky Durham are from the Minneapolis Area Association of Realtors. Information is deemed reliable but not guaranteed.

Woodbury MN Housing Market - 2012

john.durham@results.net — Wed, 28 Nov 2012 00:00:00 GMT

Woodbury MN Housing Market – 2012

When is the right time for you to sell?

After nearly a half-dozen years of watching home values in Woodbury decline year after year, Becky and I, who actively track the Woodbury housing market, are seeing home values increase +5.2% from October 2011 thru October 2012. This trend is pushing median home values higher than they have been in several years.

The bump in median home value is just one of many significant positives that have been happening in the Woodbury housing market during 2012. Additional significant indicators include: price per finished square feet going up 2.3%, days on market dropping -22.3%, and the very important month’s supply of homes for sale in Woodbury dropping a whopping -36.3% down to an incredible 4.0 months supply.

With historically low interest rates being offered for buyer's, now is a good time for you to consider putting your home back on the market. We are optimistic about the continued improvement of the Woodbury housing market.

Warmly,

John & Becky Durham, MS, MS, ASP, ARS, STA

Licensed in MN and WI

Relocation Professional Agents

RE/MAX Results - 651-231-2191

Statistical info courtesy of Minneapolis Area Association of Realtors
Please disregard if under active listing contract with agent.

Kinderberry Hill Sponsors FREE Performance In The Park - Woodbury MN

john.durham@results.net — Wed, 22 Feb 2012 00:00:00 GMT

Bring the entire family and enjoy a free Performance in the Park! The Bazillions, a kid friendly rock and roll band, will be performing at Woodbury Central Park on Thursday, Feb. 23, at 7 p.m. This exciting band is sure to have you and your children grooving to the beat with their catchy tunes and silly lyrics. Kinderberry Hill, this performance sponsor, will be onsite handing out trinkets (while supplies last) to the children attending the show.

Location: Central Park, 8595 Central Park Place, Woodbury, MN
Date: Thursday, Feb. 23
Time: 7 p.m.
Free

Woodbury's Stonemill Farms Expansion

john.durham@results.net — Thu, 02 Feb 2012 00:00:00 GMT

Woodbury's Stonemill Farms Expansion

Feb. 6, 2012, Planning Commission Meeting Agenda

Monday, February 6, 2012, 7 p.m.
Woodbury City Hall, 8301 Valley Creek Road
Council Chambers

*Item 2: Stonemill Farms 14th Addition, Conditional Use Permit/Final Site and Building Plan, Case No. 12-05/12-06

Newland Communities has submitted an application for a Conditional Use Permit and Final Site and Building Plan approval for a project called Stonemill Farms 14th Addition. The applicant is requesting to construct 46 twinhome units on 14.45 acres. The property is generally located to the south of Harness Road and east of Settlers Ridge Parkway. The property is zoned R-4 Urban Residential and is guided as Low Density Residential on the Land Use Plan.

This is a wonderful opportunity for so many baby boomers and retirees who are downsizing and looking for that main floor level master.