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Northern WI Market Report 12-5-2014
December 5,2014 Market Report for Northern Wisconsin.
Just wanted to take a minute to get you some market statistics year to date (ytd) for 2014.
Attached are a couple graphs showing you how the northern region of Wisconsin is fairing in 2014 and overall it is a typical recovery; there are some ups and downs with spikes of growth here and there but overall I would NOT say we experienced the recovery that much of the nation did in 2014. Wisconsin statewide has seen an upward trend overall but when we zoom in specifically to our region we see a different picture and when we zoom even more into just Vilas and Oneida county it changes again. While we are ending the year stronger than some anticipated ( so far ) we are still down overall in total sales for the home/condo markets in 2014.
Oneida has seen 564 sales year to date versus 613 last year with the average sales price being slightly higher than last years’ average. Vilas has seen 393 sales year to date versus 471 last year with the average sales price also ending slightly above last years. While total sales are down by 20% in Vilas we have recovered ... more
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