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:

612-819-3518

Message Us:

[email protected]

  • Meet Richard
  • Reviews
  • Our Blog
  • Market Update
  • St. Croix River Real Estate
  • Schedule a Call
  • Search for Homes
  • Luxury Plus Buyer's Guide
  • Luxury Plus Seller's Guide
  • Summer Market Update
  • Marketing Strategy
  • Get Your Home's Value
    • Call Us:

      612-819-3518

    • Message Us:

      [email protected]

    Featured Image

    Stillwater Market Heats Up: Why Communication & Strategy Matter More Than Ever

    The Stillwater real estate market continues to favor sellers, with the Market Action Index rising to 50, signaling a strong...

    • Richard McDonough
    • May 5th, 2025
    • 2 min read

    The Stillwater real estate market continues to favor sellers, with the Market Action Index rising to 50, signaling a strong seller's market. Inventory has ticked up slightly to 53 active listings, and the median list price now sits at $780,000.

    But what does this really mean on the ground? I’ll tell you.

    Recently, I wrote an offer for a buyer who came in well over asking price, waived inspections, and paid in cash. Surprisingly, the seller chose a different offer—one with a mortgage. Why? It likely included appraisal gap coverage, a clause that assures sellers the buyer will make up the difference if the home appraises for less than the offer price. That’s powerful. That wins deals.

    On the listing side, one of my properties launched after a “Coming Soon” period that built incredible momentum—eight showings on day one, and an over-asking, contingency-free offer accepted that same night.

    Here’s the kicker: I’ve noticed a communication breakdown with many agents. Calls go unanswered, texts get ignored, and feedback rarely comes—until it’s too late. If you're not working with me, ask yourself: Does your agent know how to be assertive, timely, and communicative in a market this aggressive?

    In a market like this, there’s no room for missed signals. I bring transparency, strategy, and relentless communication to every transaction. You deserve that.

    📞 Let’s Talk

    As an Experienced, Resourceful, and Innovative Luxury Realtor, I can shed light on options you may not even know exist.

    Contact me today and let’s unlock the right path forward for your real estate goals!

     

    Know Your Home's Worth

     

     

    Author Photo
    About the author

    Richard McDonough

    Similar posts like this

    Blog Post Templates

    What to Expect From Mortgage Rates in Stillwater, MN (2026)

    Current mortgage rates in Stillwater, MN affect what you can afford. See today's rate trends, loan options, and what loc...
    Read more
    Blog Post Templates

    What to Know About How Much House You Can Afford in Stillwater, MN (2026)

    Wondering how much house you can afford in Stillwater, MN? See local price ranges, income benchmarks, and loan estimates...
    Read more
    Blog Post Templates

    What to Expect for Buyer Closing Costs in Stillwater, MN in 2026

    Buyer closing costs in Stillwater, MN typically run 2-5% of the final home price. Review the exact fees to expect and le...
    Read more
    Richard McDonough

    Richard McDonough

    124 North Main Street, Stillwater, MN. 55082

    124 North Main Street, Stillwater, MN. 55082

    Call Us:

    612-819-3518

    Message Us:

    [email protected]

    Footer Links

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

    Richard McDonough © 2026

    Powered by