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Market UpdatePublished April 30, 2025
Birchwood Lakes Area Real Estate Market Update: Spring 2025 Highlights
As we move through spring 2025, the Birchwood Lakes Area real estate market is showing encouraging signs for both buyers and sellers. Let’s take a closer look at the latest data from the past three months to help you navigate this vibrant market.
Segment-Specific Trends
The mid-range segment ($200k-$500k) remains a hotspot, with an average sold price around $333,000 and homes selling at full list price (100%). This indicates strong demand and well-priced inventory moving quickly.
The luxury market ($500k+) continues to attract discerning buyers, with recent sales averaging $1.2 million. While sellers in this segment are seeing slightly more negotiation (homes selling at about 85% of original list price), the market remains active with new listings and closings.
Entry-level homes under $200k have limited activity but offer opportunities for first-time buyers, with some homes selling near $170,000.
Lake Homes Spotlight
Spring is a prime season for lakefront properties in Birchwood Lakes. The strong activity in the $500k+ segment suggests these desirable properties are moving well. Buyers should be prepared for competition, especially on well-priced lakefront listings, while sellers can leverage the season’s appeal to highlight waterfront lifestyle benefits.
Inventory and Market Pace
The month's supply of inventory for the past three months shows a mixed picture: about 46 months in total, indicating a slower inventory turnover overall, but with quicker movement in key segments like mid-range homes. Average days on market for sold homes in the last three months was 153 days, reflecting a more deliberate buying pace, especially in higher price ranges.
Advice for This Spring
Buyers: Act decisively on homes that meet your criteria, particularly in the mid-range and lakefront segments where competition is active. Work with an agent who knows the local market to spot opportunities early.
Sellers: Price your home competitively and showcase seasonal curb appeal and lake access features. Homes priced well are selling faster and closer to the list price.
Ready to Make Your Move?
Whether you're looking to buy or sell in Birchwood Lakes this spring, the experienced realtors at Cedar Realty Group are here to help you every step of the way. Reach out today to Reid & Lisa Ferguson at reid@livian.com, lisaferguson@livian.com or call 612-324-1734, 715-861-6697 to get personalized guidance tailored to your goals.
Segment-Specific Trends
The mid-range segment ($200k-$500k) remains a hotspot, with an average sold price around $333,000 and homes selling at full list price (100%). This indicates strong demand and well-priced inventory moving quickly.
The luxury market ($500k+) continues to attract discerning buyers, with recent sales averaging $1.2 million. While sellers in this segment are seeing slightly more negotiation (homes selling at about 85% of original list price), the market remains active with new listings and closings.
Entry-level homes under $200k have limited activity but offer opportunities for first-time buyers, with some homes selling near $170,000.
Lake Homes Spotlight
Spring is a prime season for lakefront properties in Birchwood Lakes. The strong activity in the $500k+ segment suggests these desirable properties are moving well. Buyers should be prepared for competition, especially on well-priced lakefront listings, while sellers can leverage the season’s appeal to highlight waterfront lifestyle benefits.
Inventory and Market Pace
The month's supply of inventory for the past three months shows a mixed picture: about 46 months in total, indicating a slower inventory turnover overall, but with quicker movement in key segments like mid-range homes. Average days on market for sold homes in the last three months was 153 days, reflecting a more deliberate buying pace, especially in higher price ranges.
Advice for This Spring
Buyers: Act decisively on homes that meet your criteria, particularly in the mid-range and lakefront segments where competition is active. Work with an agent who knows the local market to spot opportunities early.
Sellers: Price your home competitively and showcase seasonal curb appeal and lake access features. Homes priced well are selling faster and closer to the list price.
Ready to Make Your Move?
Whether you're looking to buy or sell in Birchwood Lakes this spring, the experienced realtors at Cedar Realty Group are here to help you every step of the way. Reach out today to Reid & Lisa Ferguson at reid@livian.com, lisaferguson@livian.com or call 612-324-1734, 715-861-6697 to get personalized guidance tailored to your goals.
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