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    Stillwater Market Update | May  19, 2025

    The seller's market just tightened again—Stillwater's market strength index jumped from 50 to 51. While that may seem like...

    • Richard McDonough
    • May 19th, 2025
    • 2 min read

    The seller's market just tightened again—Stillwater's market strength index jumped from 50 to 51. While that may seem like a minor uptick, in a market with historically low inventory and surging buyer demand, that single point can mean the difference between one offer and multiple competing offers.

     

    💡 Here’s what decades of experience have taught me:

     

    In today's fast-moving real estate market, the questions you ask can determine whether you win or lose the home.

    One critical question I recommend every buyer (or their agent) ask the listing agent in a multiple offer situation:

    🔍 "Are you writing any offers for buyers on this listing?"

    If the answer is yes, follow up with:

    🔍 "Are you receiving a commission on any of those offers?"

    Why this matters: If the listing agent is also representing a buyer—or taking a reduced commission to sweeten one of those offers—it could tip the scales. This insider advantage could leave your offer at a disadvantage unless you're prepared to respond strategically.

     

    That’s where working with a seasoned professional gives you the edge. With 32 years of boots-on-the-ground experience in the Stillwater and St. Croix Valley markets, I know what to ask, when to ask, and how to act. My clients benefit from decades of negotiation, strategy, and market insight—all designed to give you the competitive advantage.

    ✨ Bottom Line: Whether you’re buying or selling, make sure your real estate representation is sharp, ethical, and tuned into the unspoken dynamics of every transaction.

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

    Know Your Home's Worth

     

     

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    Richard McDonough

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    Richard McDonough

    Richard McDonough

    124 North Main Street, Stillwater, MN. 55082

    124 North Main Street, Stillwater, MN. 55082

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