Following a long period of falling prices, it appears that home values on Madeline Island may be stabilizing. Trulia statistics indicate that the fairly steep fall in prices since January 1, 2012 has begun to level out. At the same time, listing inventory has begun to rebound since February 22, as sellers are beginning to return to the market in anticipation of the spring and summer tourist influx to the Island. In addition to the statistics reported by Trulia, there are signs that buyer interest in Madeline … (2 comments)
Trulia reports that Bayfield, Wisconsin real estate prices have been trending upwards over the past month. Prices are up 0.4 per cent over the past week, according to Trulia's "Bayfield WI real estate overview" page. The current average listing price in Bayfield is $200,200. This figure is up from $197,000 in mid-December of 2011. There's also less available inventory in the 54814 zip code area. Listing inventories have dropped slightly since mid-December. By contrast, prices on nearby Madeline Island have dropped by over 3% during the past month. And the average … (0 comments)
trulia: Bayfield, Wisconsin Real Estate Market Report - Average List Price Continues to Drop at the Close of November 2011
- 12/13/11 06:24 PM
Bayfield, Wisconsin Real Estate Market Report - Average List Price Continues to Drop at the Close of November 2011 Trulia reports that average home listing prices continued to drop at the end of November, 2011. The average list price of a home in the 54814 zip code area fell to $199,941 as of November 30th, down 0.7% from the prior week. The average list price of a Bayfield, Wisconsin home has dropped 2.5%, or $5229, since November 9, 2011. The number of available listings in 54814 also dropped nearly 5% during the month of November, 2011. Just over one-half of the … (0 comments)
According to statistics from the Trulia website, the average list price of a listed dwelling on Madeline Island dropped to $383,729. The new average price in the 54850 zip code area represents a 0.4% drop from the previous week. Continued weakness in pricing can be attributed to a number of factors, including the typical winter seasonal slowdown in Madeline Island tourist and visitor traffic. A lack of available mortgage lending in rural northwest Wisconsin is also a contributing factor. At the same time as list … (2 comments)
According to the Trulia website, as of November 23rd, 2011, the average listing price for a home listed in the 54850 zip code was $385,305. That figure was down from the late October report, when the average list price was $430,574. Trulia reports that there are currently 64 homes for sale on Madeline Island, including one in some stage of the foreclosure process. Most of the drop in list prices during November came during the first ten days of the month. Once … (0 comments)
trulia: Bayfield, Wisconsin Real Estate Market Report for November 2011 - November Average List Price Drops 1.3% During the Past Week
- 12/04/11 03:46 PM
Bayfield, Wisconsin Real Estate Market Report for November 2011 - November Average List Price Drops 1.3% During the Past Week The inventory of Bayfield, Wisconsin area homes for sale remains high, while the average list price of homes for sale in the 54814 zip code has dropped steadily since the beginning of November, according to data obtained from Trulia. At the beginning of November, the average list price for Bayfield homes was around $207,000. As of November 23, 2011, that average list price had dropped to $201,295. When compared to the Madeline Island real estate market, homes in Bayfield appear to … (0 comments)
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