Here we are—October 19th, and the fall colors have finally arrived in Stillwater! Although I’m seeing more leaves dropping than turning, I expect this week to bring that burst of vibrant color we wait for every year. 🍁
Another thing that hasn’t peaked yet? The fall real estate market!
Despite the season shifting, Stillwater’s housing market remains strong, with new listings appearing in every price range. Last week alone we saw 10 new listings and 4 “Coming Soon” properties—an encouraging sign that buyers still have plenty of opportunities to find their next home.
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On the flip side, seven properties went pending, proving that serious buyers are out there and motivated.
According to the Altos Research Real-Time Market Data, the Market Action Index is holding steady at 46, keeping Stillwater in a Strong Seller’s Market. The median list price is $700,000, with inventory at 48 homes—a healthy number for this time of year.
For sellers who are hesitant to list because they fear being “sold out of their home,” it’s time to think again. With steady inventory, demand holding firm, and my proven marketing strategies—professional staging, high-impact photography, data-driven targeting, and AI-powered exposure—you’ll be positioned for success without feeling rushed out.
Getting information costs nothing. Let’s have a conversation about your options and timing. The market remains strong, and your opportunity could be right now.
About Richard
Richard McDonough is a top-producing real estate broker in Stillwater & Wasington County Minnesota reaching into Western Wisconsin, specializing in luxury homes, waterfront properties, and distinctive estates throughout the St. Croix Valley With more than 33 years of experience, Richard has built a reputation for integrity, innovation, and results, making him one of the most trusted and recognized Realtors in the region.
As a fourth-generation Stillwater resident, Richard combines deep local roots with global reach through his affiliation with Lakes Sotheby’s International Realty. His expertise spans the area’s most sought-after communities — from Stillwater and Lake Elmo to Woodbury, Afton, Marine on St. Croix, Mahtomedi, Grant, and Dellwood — along with select Wisconsin river towns such as Hudson and Prescott.
Richard is known for delivering a “Luxury Plus” marketing approach that goes beyond traditional real estate services. Every listing receives a personalized strategy with professional staging, high-end photography, drone video tours, and targeted digital campaigns across Google, YouTube, Facebook, and Instagram. His ability to tell each home’s unique story consistently attracts qualified buyers and maximizes value for sellers.
In addition to his track record of selling some of the St. Croix Valley’s most prestigious properties, Richard is deeply engaged in his community. He serves on local nonprofit boards, volunteers for events like Home Town for the Holidays, and is dedicated to supporting the Stillwater area’s vibrancy.
Clients describe Richard as experienced, resourceful, and innovative — a true advocate who handles every detail of the buying and selling process with professionalism and care. Whether helping first-time buyers, seasoned investors, or high-net-worth individuals, Richard’s mission is to make every real estate experience seamless, rewarding, and successful.