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Oneida and Vilas Counties Avg. Price June 2009

By
Real Estate Agent with Coldwell Banker Mulleady REALTORS

 

Improving!  The average numbers have been boosted by 4 $1M sales on the waterfront side in both Oneida and Vilas Counties.  This is one area where the sales (and showings) have been sluggish. 

Off-water home sales have also improved.  The market under $200K has been active and continues to improve. 

The volume of showings continues to its upward move.  So, things are looking better.  I don't wish to throw a damper on the improving market but interest rates have climbed.  This is due to a number of factors including the devalued dollar and increasing budget deficits on both the state and national level.

I'm still optimistic about the second half of 2009.  Inventory is excellent and there are terrific values.  Buyers are only beginning to discover the value that is out there.