The Stillwater area housing market is showing no signs of slowing down. Despite what some may consider the “quiet end of summer,” the real data proves otherwise. This week, 12 homes went under contract in Stillwater alone, marking a sharp increase in activity and a clear sign that demand remains strong.
Adding fuel to the momentum, interest rates have dipped to their lowest levels in 10 months. This shift is creating renewed buyer confidence and bringing more motivated shoppers into the market.
According to the latest market report, the median list price sits at $812,450, with a Market Action Index of 49 — solidly in a strong seller’s market. Inventory has ticked down to just 58 active listings, keeping competition high.
That competition is sparking some wild strategies — including sellers pricing homes below market value to attract multiple offers. But is that really the smartest move in Stillwater’s luxury and historic market? As a seasoned broker with decades of experience, I’ll tell you: every property has a story, and every seller deserves a strategy that maximizes value — not guesswork.
💡 Featured Listing Spotlight:
A rare river-view condo with sweeping St. Croix and lift bridge vistas, move-in ready with community amenities that elevate downtown living.
📍 Key Takeaways for Sellers:
- Buyer demand is outpacing supply.
- Interest rates are in your favor.
- Homes are moving faster than many expect for late summer.
If you’re even considering selling, now is the moment to strategize. Let’s connect to discuss how your home fits into this market.
