Springing Into Change: Stillwater & St. Croix Valley Real Estate Market Update – Week Two of March

As we move into the second week of March, the Stillwater and St. Croix Valley real estate market is clearly springing into change.

Across the region we are seeing the early stages of the spring market ramp-up, with both inventory and buyer activity beginning to accelerate.

New Listings vs. Homes Going Pending

This past week we saw:

• 6 new “Coming Soon” and active listings enter the Stillwater area market

• 7 homes go pending, effectively leaving the market

• The Market Action Index slipped slightly to 39, down from 41 last week

While the index dipped slightly, it is important to note that 39 still sits firmly within a Seller’s Market range.

Over the past few weeks the Market Action Index has been bouncing within a narrow band, which typically signals a market stabilizing before the full spring surge begins.

What This Means for Buyers and Sellers

The fact that more homes went pending than entered the market tells us something important: buyer demand remains strong.

Many buyers have been quietly watching the market throughout the winter months. As inventory begins to rise, they are stepping forward quickly when the right property becomes available.

For sellers, this means the window of opportunity for strong exposure and competitive offers is opening right now as we move toward the peak spring season.

For buyers, the increase in inventory means more options are appearing, but desirable homes—especially luxury homes and St. Croix River properties—continue to attract serious attention.

Over the years I have worked with many buyers searching for luxury homes between $1 million and $5 million, particularly along the St. Croix River and throughout the Stillwater area.

To better serve those clients, I have just launched a brand new resource:

This guide was designed specifically to help luxury buyers better understand:

• how the luxury home market works

• how to identify the best properties and opportunities

• strategies to successfully compete for high-value homes

• what to expect when purchasing luxury real estate

👉 Click the download button to access the guide.

Luxury real estate operates very differently than the traditional housing market. Access, strategy, negotiation, and presentation all play a significant role in securing the right property.

If you are considering buying a luxury home, this guide will significantly increase your knowledge and preparation.

The next several weeks will be telling as more homes come to market across the St. Croix Valley.

Historically this is when we begin to see:

• a noticeable increase in inventory

• more buyer activity

• faster-moving transactions

While the Market Action Index has moved slightly, the overall picture remains clear:

The Stillwater real estate market remains strong and is gearing up for the spring season.

If you are thinking about buying or selling this year—particularly in the luxury market or along the St. Croix River—this is the time to begin preparing your strategy.

After more than three decades helping clients buy and sell homes throughout the Stillwater area, I am always happy to share insights and help people understand the opportunities that exist in our local market.

Stay tuned for next week’s update.