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    Stillwater Real Estate Market Update — August 24th

    This past week, eight homes went under contract here in Stillwater — with prices ranging from $380,000 all the way to $2,500,000....

    • Richard McDonough
    • August 24th, 2025
    • 2 min read

    This past week, eight homes went under contract here in Stillwater — with prices ranging from $380,000 all the way to $2,500,000. That range represents the diversity and momentum in our local market right now.

    One noteworthy highlight: I recently sold that $2,500,000 home for the second time in six months. The first time it was listed, it sold in 10 days. This time, it took just 15 days — proof that experience, strategy, and strong market knowledge still win.

    But let me level with you...

    💭 Editorial Note from the Trenches:

    There’s a growing mindset I see more often — especially among upper-bracket homeowners — where the value of an experienced Realtor is underestimated. I recently worked with a seller who was fixated on commission, not value. He dismissed not only my expertise, but the entire profession’s.

    The irony? He likely cost himself far more than he thought he saved — not just financially, but emotionally, and in lost time.

    We live in a time when everyone thinks they can DIY their way through real estate transactions. Zillow, a friend in California, or their book club becomes their source of truth. But real estate is nuanced, local, and very human. Your home might be your biggest asset—or your biggest financial burden. Wouldn’t you want someone in your corner who’s closed hundreds of deals, seen every market swing, and is committed to your outcome?

    ✅ What Matters Most:

    • The best agent won’t just “list” your home — they’ll position it.
    • They don’t just “market” — they message with precision and presence.
    • They don’t just “negotiate” — they protect your equity.
    • Most importantly, the right agent gets it closed.

    You deserve that level of service.

    💡 Featured Listing Spotlight:

    501 Main Street N #202, Stillwater

    A rare opportunity in one of Stillwater’s most iconic buildings. Meticulously maintained, timeless charm, and modern comforts. If you're looking for upscale condo living in the heart of downtown, this is the one to see. Click here to view the full listing

    📞 Ready to Sell? Start with the Right Conversation.

    With over 32 years of experience, hundreds of homes sold, and deep roots in the St. Croix Valley, I’m not just here to sell homes — I’m here to deliver outcomes that protect your wealth, your time, and your peace of mind.

    Let’s talk.

    Know Your Home's Worth

     

     

     

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    About the author

    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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