Market Update June 2024 | Stillwater Hudson Area

Welcome to our June 2024 market update! In this video, we dive into the latest real estate trends in the Stillwater and Hudson areas, focusing on year-to-year data from June 2024 to June 2023, and month-to-month changes from May 2024 to June 2024.

New Listings: New listings are down 12.15% compared to June 2023, and down 13.36% compared to May 2024. Here's a closer look at the numbers:

• June 2023:

  • Stillwater School District: 157
  • Hudson School District: 57
  • Total New Listings: 214

• June 2024:

  • Stillwater School District: 141
  • Hudson School District: 47
  • Total New Listings: 188

• May 2024:

  • Stillwater School District: 148
  • Hudson School District: 69
  • Total New Listings: 217

Price Changes: Prices have been fluctuating, reflecting the dynamic nature of our market. We’ve observed an 11.05% increase in prices since May 2024, and a 4.99% increase compared to June 2023. Here are the details:

• June 2023:

  • Stillwater School District: $560,010
  • Hudson School District: $494,958
  • Average Price: $527,484

• June 2024:

  • Stillwater School District: $521,669
  • Hudson School District: $585,983
  • Average Price: $553,826

• May 2024:

  • Stillwater School District: $565,682
  • Hudson School District: $431,749
  • Average Price: $498,715.50

Average Days to Sell in June:

• Stillwater School District: 56 days
• Hudson School District: 49 days
• Combined Average: 52.5 days

The average days to sell a home in June varied between the two school districts, with homes in the Hudson School District selling faster than those in the Stillwater School District. On average, homes are selling in about 52.5 days, indicating a relatively brisk market.

As we continue to monitor these trends, it’s essential for buyers, sellers, and investors to stay informed and adapt to the evolving market conditions. This data provides a valuable snapshot of our local real estate market. Whether you’re looking to buy, sell, or invest, understanding these trends will help you make informed decisions.

We are here to guide you every step of the way. If you need specific statistics or have any questions about your area, please reach out to us. We’re dedicated to providing you with the most accurate and up-to-date information.