Why Now Might Be the Perfect Time to Make a Move in the Hudson WI Real Estate Market

As we wrap up 2024, there’s a noticeable shift happening in the housing market — and it’s opening up some real opportunities for buyers and sellers alike. Whether you’re thinking about buying a home in Hudson, WI or selling your place in the Twin Cities metro, the current market conditions could be just what you’ve been waiting for.

Let’s break down why this could be the right time to make your move.

🏡 More Inventory Means More Choices for Buyers

After years of tight inventory and intense competition, the tables are starting to turn a bit — and buyers are finally getting some breathing room.

What’s Changed:

• 4.3 months of housing inventory — the most we've seen since 2019

• More homes available in popular areas like Hudson, Woodbury, Lakeville, and New Richmond

• A wider variety of listings, including homes with office space, large yards, or updated kitchens

This increase in inventory gives buyers the flexibility to find homes that truly match their needs — without compromising or rushing into a bidding war.

💰 Price Drops Give Buyers More Negotiating Power

As inventory rises, sellers are adjusting. Many are cutting prices to stay competitive, and that’s good news for buyers.

What this means for buyers:

• Roughly 19% of homes on the market have had price reductions

• Opportunities to negotiate seller-paid closing costs, repairs, or even rate buy-downs

• A better shot at landing a home below list price or with favorable terms

What this means for sellers:

• Strategic pricing is key to attracting serious buyers

• Homes in great condition and desirable neighborhoods (like downtown Hudson or Stillwater) are still selling quickly

• A solid marketing plan and strong local agent can make all the difference

Homes Are Spending More Time on the Market

Remember when homes would sell in hours? That’s no longer the norm — and honestly, that’s a good thing.

Today’s average:

• 58 days on the market — the slowest October pace since 2019

Why this is a benefit:

For buyers:

• More time to schedule showings, review options, and make confident decisions

• Less pressure to waive inspections or rush through the process

For sellers:

• A chance to highlight the home’s strengths with better prep and marketing

• More time to reach serious, motivated buyers who are ready to move

This calmer pace creates a healthier environment for everyone involved.

📍 Local Impact: What’s Happening in Hudson & the Twin Cities Metro

These trends aren’t just national — we’re seeing them right here in Hudson and across the Twin Cities.

For buyers:

• More listings across Western Wisconsin and the east metro

• Diverse options — from riverfront homes in Hudson to family-friendly properties in Woodbury or Eagan

• Less competition than we saw during the peak pandemic years

For sellers:

• Motivated buyers are still out there — especially with interest rates stabilizing

• Pricing your home right and prepping it well still leads to strong results

• Homes in move-in condition continue to attract solid offers

Hudson, WI real estate is in a unique sweet spot — still active, but more balanced.

⏰ Why Waiting Might Not Pay Off

We may be moving toward a buyer’s market, but the best opportunities are already here. If you’re waiting for some perfect moment, you could miss out as the market shifts again heading into spring.

Consider acting now if you:

• Are planning on moving to Hudson from the Twin Cities

• Want to upsize, downsize, or invest

• Are finally ready to make a move after sitting on the sidelines

Spring could bring more competition, changing interest rates, or reduced inventory — making now an ideal window to take action.

Let’s Make Your Move a Success

Ready to make a move in Hudson or the surrounding area?
Let’s talk! Contact The Johnson Group at Coldwell Banker Realty today to start your journey.

📞 Call us today at 651-333-7656
🌐 Or visit www.johnsonhomegroup.com
📍 Serving Hudson, WI and the greater Twin Cities metro area

Read the full article from Realtor Magazine here:  https://www.realtor.com/news/trends/best-time-for-buyers-5-years/

Written by Mark Johnson, REALTOR® and owner of The Johnson Group at Coldwell Banker Realty. With over 20 years of experience helping clients across Hudson, WI and the Twin Cities, Mark is passionate about delivering expert real estate guidance with a personal touch.