February 2010 Green County Wisconsin Market Report

By
Real Estate Agent with Century 21 Zwygart Real Estate

Another month has ended, so it is time for monthly report on the Green County, Wisconsin real estate market.

Regarding the number of single family homes that sold in Green County in February of 2010:

  • Only 5 homes sold in February of 2010,
  • The homes were on the market for an average of 119 days,
  • The average sale price was $157,180,
  • The median sale price was $131,900,
  • The highest priced property sold was $275,000,
  • The lowest priced property sold was $57,500.

Let's compare with February of 2009:

  • 12 homes sold in February of 2009,
  • The homes were on the market for an average of 100 days,
  • The average sale price was $,191,858
  • The median sale price was $128,036,
  • The highest priced property sold was $525,000,
  • The lowest priced property sold was $47,000.

There was obviously a difference here, and I think that the weather can account for a good deal of it. No one likes to look at homes when the weather is cold, when there are multiple feet of snow on the ground. The only people who look for homes in these conditions are those who absolutely need to purchase something. Buyers like to be able to see something of the yard and get a look at the foundations of homes. In previous years, we had a late January snow melt, and the phone starts to ring when the snow melts. This year, it was cold and snowy all the way through February.

I took a minute to check pending home sales for Green County. Sure enough, there are already 15 homes pending sale. This means that the home has an accepted offer on it, all contingencies have been met, and the buyer and seller are just waiting for the closing date. 25 homes sold in March of 2009. We are only on the 10th day of the month, yet 2 homes have already sold and another 15 are pending sale.

I do believe that we will be back on track in March.

Posted by

 

Brenda Carus
Towne Square Realty
Certified EcoBroker, Re/Max Green Agent
Monroe Area Real Estate

Looking for a place to live a real life? Know your neighbors, eat local, abandon your commute, be part of a community - come to Green County. Whatever your preference is, we have it all from surprisingly urban to truly rural and everything in between.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Wisconsin Green County Monroe
Groups:
RealtorsĀ®
RE/MAX Active Rain Bloggers
MADISON WISCONSIN REALTORS
Wisconsin Active Rainers
Tags:
market report
home for sale
monticello
green county wisconsin
monroe wisconsin
new glarus
brodhead wisconsin
albany wi
browntown wi

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,916,517
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Brenda

It's picking up; here's to a great year coming into Spring.

Mar 11, 2010 06:14 AM #1
Rainer
120,567
Brenda Carus
Century 21 Zwygart Real Estate - Monroe, WI
Tom, I think that it will be.
Mar 11, 2010 06:29 AM #2
Rainmaker
551,502
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co

Well Hello Brenda,

Your market update is wonderful, easy to read and understand. I liked your year to year comparison, I may "borrow" that myself.

Mar 11, 2010 03:42 PM #3
Rainer
120,567
Brenda Carus
Century 21 Zwygart Real Estate - Monroe, WI

Lynda, I started to do comparisons because people were saying how terribly slow things were, yet when I checked the historical records in the MLS, it wasn't necessarily true.  Go ahead and borrow away!

Mar 13, 2010 01:53 AM #4
Rainmaker
192,940
Scott Larson
First Weber Hedeman Group - Monroe, WI
SRES

I agree Brenda this is a nice templete but I wish the number were better

Mar 17, 2010 01:29 AM #5
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
120,567

Brenda Carus

Ask me a question
*
*
*
*
Spam prevention

Additional Information