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Your Hudson Real Estate Pulse: What's Happening in Hudson Right Now?

The market is trending as expected, and home sales continue to increase this year. Both buyers and sellers have unique advantages in the current market right now.

Phew!  The election is over, the holiday season is here, and dare I mention some fluffy white stuff is on the ground this morning? With so much to read and keep up with in the news these days, I’m going to keep this post short and sweet, and mostly because there haven’t been a whole lot of changes in the Hudson market since my last blog. So here’s the real estate market pulse for Hudson:

Today's Market Trends for Hudson *

Median Listing Price:

$349,430

-0.05%

Median Listing Price/Sq Ft:

$128.00

-0.04%

Total Listings:

208

-0.01%

Total Listings Previous Months:

October

September

 

211

215

 

-0.02%

0.01%

Currently, as you can see in the attached charts there are 14 new active listings for November, and 7 sold listings. 

*data collected from Northstar MLS in Hudson School District

 Overall, the changes are pretty minimal. Inventory does tend to drop during the holiday season as I’ve explained in my last blog, so what we’re seeing is expected. However, as I’ve mentioned, there are still serious buyers even during the holiday season taking advantage of low interest rates etc., so if you’re ready to sell, you’ll have less competition with lower inventory in the coming months. There were 30 new sold listings last month, which was 30% more than October of 2011. So, for those weary of trying to sell their home, things are continually looking better as last month shows. Let’s hope we see the same trend this November. Until next time, feel free to contact me if you have any questions about the local Hudson market.

 ------

I have been involved in real estate for nearly 20 years working as an assistant, hostess, closer, accounting and now licensed REALTOR for over 13 years. I  serve the St. Croix Valley including: Lakeland, Afton, Stillwater, Woodbury, Hudson, Roberts, Hammond, Baldwin, Spring Valley, New Richmond, Somerset, River Falls, and Prescott. Contact me at realestatewimn.com.

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

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