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:

651-427-1928

Message Us:

[email protected]

  • Meet Richard
  • Testimonials
  • Our Blog
  • Schedule a Call
  • Buyers
  • Search for Homes
  • Sellers
  • Marketing Strategy
  • Get Your Home's Value
    • Call Us:

      651-427-1928

    • Message Us:

      [email protected]

    Featured Image

    Warming Temps and Market Trends: Is it a Fresh Start for Our Real Estate Market?

    As the weather starts to thaw and the deep freeze loosens its grip, it’s the perfect time to check in on the local real...

    • Richard McDonough
    • January 27th, 2025
    • 3 min read

    As the weather starts to thaw and the deep freeze loosens its grip, it’s the perfect time to check in on the local real estate market. Will the warmth outside spark some heat in the market? With low inventory levels and a slight seller’s advantage, 2025 could be the year for strategic moves in our local market .Let’s dive into the latest data and see what’s happening.

    Warming Temps and Market Trends: A Fresh Start for Real Estate?

    As we emerge from the deep freeze, the Stillwater real estate market is showing signs of activity—and perhaps a hint of thawing. With low inventory levels and a slight seller’s advantage, 2025 could be the year for strategic moves in our local market.

    Here’s this week’s breakdown of market activity in Stillwater, MN 55082:

    $759,900 

    Median List Price

    39 homes

    Inventory

    43

    Market Action Index

    77

    Median DOM

    Key Market Metrics

    • Median List Price: $759,900
    • Median Price of New Listings: $694,900
    • Price Per Square Foot: $264
    • Median Days on Market: 77
    • Inventory: 39 single-family homes
    • Market Action Index (MAI): 43 (Slight Seller’s Advantage)

    The Market Action Index, which measures buyer demand relative to supply, has ticked up slightly from last month (42 to 43), signaling ongoing stability with a tilt toward sellers. However, inventory continues to shrink, a trend worth watching closely as it could drive further price increases if demand persists.

    What’s Happening by Market Segment?

    • High-End Homes: Median price of $1,843,000, averaging 126 days on the market.
    • Mid-Tier Homes (Quartile 2): Median price of $1,044,000, with an average of 70 days on the market.
    • Affordable Homes (Quartile 4): Median price of $364,950, with faster absorption rates compared to higher-priced tiers.

    Market Narrative

    The current market has reached a relative balance, with low inventory keeping sellers in control. While pricing remains steady for now, any uptick in demand could push prices higher. 

    Conversely, longer days on market in higher price tiers might indicate caution among buyers at the top end.

    What Does This Mean for You?

    For Sellers: 

    Now’s the time to take advantage of low inventory. Proper pricing and professional marketing can help you stand out and attract motivated buyers.

    For Buyers: 

    The slight seller’s market means competition, but opportunities exist—especially in the mid to lower price ranges. Staying informed and prepared is key.

    Read More

    Curious about your home's value?Click below to get a detailed report and personalized market insights.

    Know Your Home's Worth

    Author Photo
    About the author

    Richard McDonough

    Similar posts like this

    Adaptable Homes: Designing for Multi-Functionality in the St. Croix Valley

    In 2025, buyers in the St. Croix Valley are looking for flexible, multifunctional homes. Discover which features sell—an...
    Read more

    Why Some Homes Sell in Hours—And Others Sit

    Top Realtor in Stillwater MN | Trusted Luxury Home Expert Stillwater | Historic Stillwater MN Real Estate Specialist
    Read more

    House Hunting Fatigue? Here’s How to Stay Focused in the St. Croix Valley

    Feeling overwhelmed by your home search? Discover 7 smart strategies to stay focused, avoid house hunting fatigue, and f...
    Read more
    Richard McDonough

    Richard McDonough

    124 North Main Street, Stillwater, MN. 55082

    124 North Main Street, Stillwater, MN. 55082

    Call Us:

    651-427-1928

    Message Us:

    [email protected]

    Footer Links

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

    Richard McDonough © 2025

    Powered by