We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies.More info
Richard McDonoughRichard McDonough
Call Us:

651-427-1928

Message Us:

[email protected]

  • Meet Richard
  • Testimonials
  • Our Blog
  • Schedule a Call
  • Buyers
  • Search for Homes
  • Sellers
  • Marketing Strategy
  • Get Your Home's Value
  • Prescott Wi. Lots
    • Call Us:

      651-427-1928

    • Message Us:

      [email protected]

    Featured Image

    🎄 Holiday Market Insights for Stillwater, MN: A Seller’s Advantage This Christmas 🎄

    As we gather around the glow of twinkling lights this holiday season, the Stillwater real estate market is shining with...

    • Richard McDonough
    • December 23rd, 2024
    • 3 min read

    As we gather around the glow of twinkling lights this holiday season, the Stillwater real estate market is shining with opportunities—especially for sellers. While many might think the winter months are a quiet time in real estate, the data shows otherwise. This week’s Market Action Index continues to point toward a seller’s market, signaling strong demand and brisk activity despite the holiday season.

     What Does a Market Action Index of 43 Mean?

    The Market Action Index (MAI) measures the balance between supply and demand in the real estate market.

    • A reading above 30 suggests a seller's market, where homes are more likely to sell faster and at favorable prices for sellers.
    • This week, the MAI for Stillwater sits at 43, slightly higher than last month, reflecting the ongoing strength of buyer activity relative to the inventory available.

    Here's the Bigger Picture:

    • Median List Price: $599,950
    • Inventory: 50 homes—down from previous weeks.
    • Median Days on Market: 53 days, with half of the current listings being on the market for less than this time.

    $599,950

    Median List Price

    50  homes down

    Inventory

    53 days

    Median DOM

    The following chart from this week’s report illustrates the current seller’s advantage. While the market action remains below peak highs, it has shown steady growth, reinforcing the trend of strong buyer demand this holiday season.

     

    The Holiday Impact: What This Means for Sellers

    The holiday season is typically seen as a quieter period in real estate, but this year breaks the mold:

    • Decreased Inventory: Fewer homes on the market mean less competition for sellers.
    • Serious Buyers: Many buyers in the market during this time of year are highly motivated—whether due to job relocations, family needs, or financial timing.
    • Demand Outpaces Supply: With strong buyer activity and limited homes available, sellers have an edge in negotiating favorable terms.

    🔥 Brisk Showing Activity on Current Listings

    Over the past week, my listings have experienced exceptional showing activity, demonstrating that buyers are still actively searching and making offers during this festive period.

    Diving Deeper into the Market Segments

    The real estate market in Stillwater is diverse, with trends differing across price ranges. The report highlights these quartile breakdowns:

    • Top Quartile (Median Price: $1.5M): Larger, luxury homes are seeing slightly longer market times but remain in demand due to unique features.
    • Second Quartile ($836,500): Strong interest in homes offering a balance of space and amenities.
    • Third Quartile ($505,000): Consistently competitive, appealing to growing families and professionals.
    • Bottom Quartile ($350,000): Entry-level homes remain a hot commodity, often moving quickly due to affordability.

    Looking Ahead: Preparing for 2025

    With the seller's market holding steady and buyer interest surging, now is an excellent time to start preparing for the new year:

    • Thinking of Selling? Let’s assess your home’s value and create a tailored plan to market it effectively.
    • Considering Buying? I can help you navigate this competitive market to find the perfect home before the spring rush.

     Wishing You a Wonderful Holiday Season

    From my family to yours, I wish you a Merry Christmas filled with warmth, love, and new opportunities. Let’s make this holiday season not only festive but also the start of something extraordinary in the real estate market

    Whether you’re dreaming of a new home in 2025 or looking to maximize your equity, I’m here to guide you every step of the way. Contact me today, and let’s make your real estate dreams a reality.

    Let's Talk!

    Author Photo
    About the author

    Richard McDonough

    Similar posts like this

    Is Your Listing Photoshoot-Ready? 7 Overlooked Details That Matter in the St. Croix Valley

    Most buyers see your home online before they ever step inside. Use these 7 often-missed tips to make sure your listing p...
    Read more

    The Market Shift: Why Stillwater Homeowners Should Stay Ahead of the Curve

    Multiple offer real estate strategy | Top Realtor in Stillwater MN | Trusted Luxury Home Expert Stillwater | Historic St...
    Read more

    Backyard BBQ Season Is Here: 8 Easy Tips for Hosting the Ultimate Summer Party in the St. Croix Valley

    Hosting a summer BBQ in the St. Croix Valley? These 8 stress-free tips will help you throw a laid-back, memorable backya...
    Read more
    Richard McDonough

    Richard McDonough

    124 North Main Street, Stillwater, MN. 55082

    124 North Main Street, Stillwater, MN. 55082

    Call Us:

    651-427-1928

    Message Us:

    [email protected]

    Footer Links

    • Meet Richard
    • Testimonials
    • Schedule a Call
    • Our Blog
    • Sellers
    • Get Your Home's Value
    • Buyers
    • Search for Homes
    Privacy Policy

    Richard McDonough © 2025

    Powered by