Navigating the Hudson and Stillwater Real Estate Landscape: March 2024 Market Update

Navigating the Hudson and Stillwater Real Estate Landscape: March 2024 Market Update

This month, our focus turns to remodeling and improvements, spurred by the arrival of spring. It's the perfect time to undertake those renovation projects you've been considering, but understanding the current market trends is essential to make the most of your investment. Here's the March 2024 market update, exploring the changes from both a year-to-year and month-to-month perspective.

Current Market Snapshot

The real estate landscape in the Hudson and Stillwater areas has been shaped by recent trends and factors that directly impact homebuyers. Now, let's explore the local statistics, focusing on the specific locations of Stillwater and Hudson, including insights into their respective school districts.

New Listings:

            Percentage Change Compared to March of Last Year (2023):

                        March 2023:

                                    Stillwater School District: 78 Listings

                                    Hudson School District: 52 Listings

                                    Total New Listings in 2023: 130 Listings

                       March 2024:

Stillwater School District: 98 listings

                                    Hudson School District: 35 Listings

                                    Total New Listings in 2023: 133 Listings

                        February 2024:

Stillwater School District: 98 listings

                                    Hudson School District: 31 Listings

                                    Total New Listings in 2023: 129 Listings

           New Listings are up 2.3077% since last year, and up 3.00752% since February.

Price Change:

            Percentage Change Compared to March of Last Year (2023):

                        March 2023:

                                    Stillwater School District: $557,628

                                    Hudson School District: $431,835

                                    Average Price: $494,731.50

                        March 2024:

Stillwater School District: $558,562

                                    Hudson School District: $441,413

                                    Average Price: $499,987.5

                        February 2024:

Stillwater School District: $627,159

                                    Hudson School District: $541,492

                                    Average Price: $584,325.5

Prices have increased 16.868% since February, and up 1.06239% since last year.

Average sales price for March:

            Stillwater School District: $513,521

            Hudson School District: $435,353

          Average: $474,438

Average Days to Sell for March:

Stillwater School District: 55 days

            Hudson School District: 54 days

           Average: 54.5 days

Maximize your renovation plans in 2024

Understanding the current market trends is crucial for making the most out of your renovation plans and potentially boosting your home's value. Keep an eye out for our upcoming videos where we'll discuss which renovation trends are worth your while in 2024. If you need market statistics for your specific area, please do not hesitate to reach out to us. Don't forget to subscribe to our YouTube channel for more helpful tips and insights!