What homes ARE selling in this market??

By
Services for Real Estate Pros with Shorewest Realtors

There is no doubt about it, there are homes selling in every price category.  Those homes, of course, are the ones that are priced right and are in great condition.  However, what if you were looking for a trend, wondering which price ranges are the most popular in your area?  If you live in Waukesha County, Wisconsin, wonder no more - here are the homes sold in the first quarter in Waukesha County, by price range: Solds by Price Range WAU Cnty 1st Q 2009

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Wisconsin Waukesha County
Groups:
Advice for Sellers
Tags:
market knowledge
market statistics
price range
homes sold

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
922,381
Ginger Harper
Coldwell Banker Sea Coast Advantage - Southport, NC
Your Southport~Oak Island Agent~Brunswick County!

Wish I knew.  It is so slow on the NC coast.

Apr 21, 2009 06:08 AM #1
Rainer
43,172
Darin Osenberg
Funky Quail Vintage - Nashville, TN

Becky,

I would have tought that the range from 0-200k would be higher!  I think that THOSE homes have to be marketed more aggresively, and with partnered lenders helping!

What percent of the market is the 56%??  THAT would be really interesting!

Thanks for the post!

D

Apr 22, 2009 04:21 AM #2
Rainer
25,179
Glenn Shong
Re/Max Realty Center - Oconomowoc, WI

the 200-400 range was pretty much the average/median price range for the county anyway right.

Apr 23, 2009 09:38 AM #3
Rainer
42,600
Becky Brand
Shorewest Realtors - Oconomowoc, WI

D- Probably the reason that the under $200,000 price range was lower than expected is because of the makeup of the market in Waukesha County. There are a lot of great homes under $200,000 but that isn't the bulk of the market in this county. 

As to your question, I'm not sure if this is the answer you are looking for, but about 40% of the new listings during that time period were in the $200,000 - $400,000 price range.

Glenn - the average price on a home sold during that time is in the $280,000's while the median is in the $230,000's.  The interesting thing is that the the median list price in the last 3 months of 2008 was about 7% over the median sales price while in the first 3 months of 2009 the median list price is only 3% more than the median salee price.  Looks like the market continues to adjust.

Apr 27, 2009 03:22 AM #4
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
42,600

Becky Brand

Ask me a question
*
*
*
*
Spam prevention