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How is the Market ?

By
Real Estate Agent with Edina Realty, Inc.

Market Update 3/31/2010

"How's the market?" is the most asked question I get these days.  My comeback.....all over the board.  I have been in real estate over 15 years and that is the best answer I can give.  Just like the weather, it runs warm then cold. Not like the hot and warm scenario of years past.  So, I will do a simple breakdown for you based on Sawyer County Residential Solds and you can see for yourself just how the market is doing.

2009  VS 2010

As of January 31, 2010 - There was a 65% increase in total sales, with a 43% increase in the median sold price and a 20% increase in total units sold.

As of February 28, 2010 - There was a 62% decrease in total sales, with a 31% decrease in the medain sold price and a 40% decrease in total units sold.

As of March 31, 2010 - There was a 60% increase in total sales, with a 31% increase in the median sold price and a 18% increase in total units sold.

 Roller Coaster

We are on the monthly real estate roller coaster!  But overall we have seen an upward trend so far in 2010. Lets hope that it continues.  It will probably never be as "good" as it was in the past and we will establish a new "normal" market within the months to come.  Make sure your seat belts are fastened and hold on as April has started in an upward motion and we have three weeks yet to go in April to see where the ride takes us.

Statistics provided by NW WI MLS and compiled from 3rd party sources. Stats include sinclude single family, condos, manufactured and duplexes reported to NW WI MLS MLXchange and may not include all properties sold. Stats do no include auction properties.

Joshua Zargari
MJ Decorators Workshop LI staging and home decorating - Lynbrook, NY
MJ Decorators Workshop

Up and down!

Apr 10, 2010 10:17 AM
Martha DeLong
Edina Realty, Inc. - Hayward, WI

Everyday is a new challenge!  I truly am looking forward to a good spring market...

Apr 12, 2010 12:37 PM
Dave Halpern
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

If you know what you're doing, and you have a good Realtor, the market is always good.

Oct 14, 2017 07:05 PM