Stillwater Mn Real Estate Stats - August 2009

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Stillwater

August

Washington County, MN

2008

2009

Year to Date Change

2008

2009

Change - 6.6%

New Listings

48

51

+ 6.3%

519

485

Closed Sales

30

24

- 20.0%

192

185

- 3.6%

Median Sales Price

$309,750

$198,995

- 35.8%

$266,584

$216,700

- 18.7%

Average Sales Price

$346,727

$242,928

- 29.9%

$316,173

$256,243

- 19.0%

92.0%

92.6%

+ 0.7%

92.8%

90.3%

- 2.6%

Average Days on Market Until Sale**

100

124

+ 24.2%

135

164

+ 21.5%

Single-Family Detached Inventory

181

158

- 12.7%

--

--

--

103

87

- 15.5%

--

--

--

Percent of Original List Price Received at Sale*

Townhouse-Condo Inventory *Does not account for list prices from any previous listing contracts

**City market time figures are based on Cumulative Days on Market, which does account for previous listing contracts

Activity—Year to Date

Activity—Most Recent Month 51

48

2008 2009

519

2008 2009

485

30 24

+ 6.3%

192

- 6.6%

- 20.0%

New Listings

Closed Sales

Median Sales Price

- 3.6%

New Listings

Closed Sales

Percent of Original List Price Received

$309,750

92.0%

2008 2009

2008 2009

$216,700

- 35.8%

- 18.7%

August

August

Year to Date

Inventory of Homes for Sale 164

2008 2009

90.3%

- 2.6%

+ 0.7%

Year to Date

Average Days on Market Until Sale

92.8%

92.6%

$266,584

$198,995

124

185

181 158

135

100

2008 2009 103 87

+ 24.2% August

+ 21.5% Year to Date

- 15.5%

- 12.7% Single-Family Detached

Townhouse-Condo

Some of the figures referenced in this report are for only one month worth of activity. As such, they can sometimes look extreme due to the small sample size involved. For broader historical market information, please feel free to contact us. © 2009 Minneapolis Area Association of REALTORS®, Inc. | Sponsored by Royal Credit Union

www.rcu.org