This past week brought one of the coldest Arctic blasts we’ve seen in quite some time, with extreme temperatures pushing down from the Arctic north and impacting daily life across the Stillwater and St. Croix Valley area. Between dangerously cold wind chills and icy conditions, many people stayed indoors — and yes, even real estate activity felt the chill.In fact, the cold weather forced me to cancel an open house this weekend, something that rarely happens. But when safety comes first, it’s the right call. And as expected, the broader real estate market slowed slightly as well.
The Market Action Index dipped another point, settling at 40, signaling a modest slowdown in buyer activity. However, it’s important to put that number into context. A Market Action Index at this level still reflects a balanced market, not a downturn. What we’re seeing right now looks far more like seasonal winter behavior than the beginning of a major market correction.
Historically, severe winter weather temporarily pauses showings, open houses, and casual browsing — but it does not eliminate serious buyers or motivated sellers. Once temperatures normalize, activity tends to rebound quickly.
Looking ahead, I’m already aware of several new listings scheduled to come online soon, and I expect many other agents are preparing to do the same. As inventory increases and weather conditions improve, buyers who have been waiting on the sidelines will likely re-engage.
In other words, this feels much more like winter blues than a warning sign.
If you’re a homeowner considering selling this spring, now is the perfect time to start planning. And if you’re a buyer watching the market closely, moments like this can create short windows of opportunity.
🏠 Now Available in Nottingham Village | Stillwater
This thoughtfully designed home offers the kind of easy living that’s hard to find ✨ Built in 2020 and impeccably cared for, it features a bright open layout, main-level bedrooms, custom built-ins, and a warm gas fireplace that anchors the living space.
You’ll love the details—from the functional, pet-friendly kitchen 🐾 to the standout heated garage with epoxy flooring and premium storage. The finished lower level adds versatility with additional living space, a fourth bedroom, full bath, and added peace of mind with a custom storm/panic room.
📍 Quiet Stillwater neighborhood
📩 Send a message to learn more or schedule a private showing.
As always, I encourage you to review the latest data, watch local trends closely, and reach out if you have questions about what this means for your specific situation. Every neighborhood — and every home — tells a different story.
