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    Stillwater Real Estate Market Update: Balance, Humanity & a Reality Check

    In this week’s real estate market update, the local market index holds steady at 49, following last week's slip from 52....

    • Richard McDonough
    • June 15th, 2025
    • 2 min read

    In this week’s real estate market update, the local market index holds steady at 49, following last week's slip from 52. While some listings are garnering unexpectedly strong offers—perhaps even over market value—it's a vivid reminder that the market is what the market is. Buyer demand remains strong, interest rates are still impacting affordability, and pricing remains as much art as science.

    That said, not every listing ends up in our win column. I recently lost a listing opportunity—maybe I never had a fair shot. Truthfully, I didn’t see the value in the property at the listed price, and sometimes, integrity means walking away. That's the reality of this business: we advise with honesty, even when it doesn't win the listing.

     

    But today, my thoughts drift beyond contracts and comps.

    Our community has been shaken by unimaginable acts of violence, including the tragic shootings involving public officials. It’s a stark, sobering contrast to the joy we often associate with summer in Stillwater. This is our home, and we owe it to each other to hold space for healing and kindness.

    Let’s get back to eye contact, handshakes, and simple hellos.

    Let’s smile at strangers—create a chain reaction of kindness, two smiles at a time. In a world driven by news alerts and algorithms, let’s remember our shared humanity.

    Stay safe, stay kind—and as always, if you’re thinking of making a move, I’m here to guide you every step of the way.

     

     

     

    🔍 Let’s connect and get your home's current value assessed—no pressure, just good data.

     

    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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