As the year comes to an end, many people like to make lists and see how this year compared to last year. We can do the same thing in real estate. And one of the topics that I am most interested in is the number of Woodbury MN homes for sale. Woodbury is a community about 20 minutes outside of St. Paul and is consistently ranked as one of the best places to live in the entire county.
If we look at a graph that tracks the number of homes in the area around Woodbury, in the area that makes up St. Paul, we can see that the number of homes currently for sale today is way higher than it was at the end of 2009. This graph measures the number of single family homes for sale in the St. Paul market, not just Woodbury, but at the end of 2009 there were about 2,300 properties available. But sometime around late spring, more and more homes starting coming on to the market, and as of the last measurement, there are now just shy of 3,200 available units.
It is interesting to note that the number of available homes rising coincides very nicely with the expiration of the Federal Tax Credit. Perhaps it is possible that the number of buyers dropped when the tax credit was no longer available, and the result was a huge spike in the inventory levels.
If you find you are interested in neighborhoods and communities around St. Paul, please don’t hesitate to contact me and I will be happy to help.
For information on on Wedgewood MN homes, please visit my website.
And for information on Stonemill Farms MN homes, please visit my website.