Market Update for April 2024 | Stillwater and Hudson Area

Market Update for April 2024 | Stillwater and Hudson Area 

This May, we're taking a closer look at the market data from April 2024, especially highlighting how gardening and landscaping are not just beautifying our properties but also boosting their values. This aspect of home improvement is gaining importance, and later this month, we’ll offer some affordable tips to spruce up your outdoors.

Comparing the Numbers

To give you the clearest picture of what's happening locally, we're looking at statistics from the Stillwater and Hudson areas within their respective school districts. We’ll compare the fresh data from April 2024 with that from April 2023 and even see what changed from March 2024 to April 2024.

New Listings:

In April 2024, the number of new listings showed a significant increase. In the Stillwater School District, listings jumped from 103 in April 2023 to 121 in April 2024. In the Hudson School District, they rose from 55 to 66 in the same period. Overall, total new listings increased by 18.35% since last year, and a notable 28.88% since March 2024.

Price Changes:

Across both districts, the average price was down from $494,675.50 in April 2023 to $461,433.50 in April 2024, marking a 7.20% decrease year over year. From March to April 2024 alone, prices dropped by 2.63%.

Average Days to Sell:

For those curious about how long it takes to sell, the average days on the market for both districts combined was 54 days in April 2024, with Stillwater slightly faster at 53 days and Hudson at 55 days.

What Does This Mean for You?

Understanding these trends is key, and we’re here to help decipher what this means for you personally. Whether you’re thinking of selling now or later, understanding the impact of features like gardening and landscaping on property values can help you make informed decisions about investing in your home.

If you're considering making some changes or putting your house on the market, don't hesitate to reach out. We can provide personalized advice and help you navigate the current market conditions to get the best outcome for your property sale.

Stay tuned for our upcoming post where we’ll share some handy tips and tricks for enhancing your outdoor space on a budget, making your home even more attractive in today’s market!

We are here to guide you to your best life!