Real Estate activity for Single Family Home sales in Rock County, Wisconsin have shown a 4 Month Improvement.
From August 1, 2011 to November 30, 2011:
The number of Single Family Home sales have increased 27% over the same period last year (2010). In 2010 there were approximately 406 Sales versus approximately 518 Sales in 2011.
The average sale prices also increased almost 4% over the same period last year. In the 4 month period last year (2010) the average sales price was approximately $105,257. For the last 4 months (August through November 2011) the average sales price was approximately $109,177.
After 4 years of declining prices and diminished activity, it is refreshing to see 4 months in a row of improving market conditions. Whether this indicates a long term trend remains to be seen. It might be a sign that prices have bottomed out! For a market place that had the highest unemployment in our state a year ago we needed a positive sign.
Good news for Now!
Jerry Morse, Real Estate Broker
Source of Information: SCWMLS