Green Bay Real Estate- Allouez Market Report

By
Real Estate Agent with Dallaire Realty

Allouez is nestled between the cities of Green Bay and De Pere.  You will find a welcoming community that treasures it's rich history, recreational opportunities along the Fox River and forward thinking attitude.  Today we will be focusing on the Green Bay Allouez Real Estate Market.

For those of you who are unfamiliar with the term absorption report I'll explain. It's a term becoming much more widely used in the real estate world. An absorption report is the measurement of how long it will take to clear out the inventory of homes based on how fast they are selling. If you've been watching the national media you will hear the terms buyers' market and sellers' market over and over again. One way to establish what kind of a market your home falls into is by using absorption reports.

When I study absorption reports I look at the specific area. In this case I'm studying Green Bay Wisconsin Allouez Real Estate Market. The power of studying individual markets and not the whole Green Bay Real Estate market is that I can get a pulse on what's happening in the specific Allouez area.

Before we get into the hard numbers, lets utilize a base point to determine what establishes each kind of market.

Market Absorption Analysis:

  • 6 Months Supply = Balanced Market
  • Less than 6 Months Supply is Sellers Market
  • More than 6 Months Supply is Buyers Market

Green Bay Real Estate


The number we need to focus on in this spreadsheet is the current monthly supply. You can see that currently we are in a buyers market in Allouez. This is not to scare you but to educate you on the whole Green Bay Allouez Real Estate Market. Then you can be educated and know what you are up against when you are considering selling your home.

Here's the positive about this negative spreadsheet. Homes are still selling, just not at the current rate we would all like. You can still sell your home, but it's going to take aggressiveness. It's more important than ever to hire a realtor that understands your specific market.

If I can leave you with one last note- it's that you may end up netting less than what you hoped for on your home, but you can also recoup it on next home purchase. If you buy into another buyers' market and be patient you can recoup some of your losess. Make sure you hire a buyer's agent who understands these numbers and has your best interests in mind.

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Contact Greg Dallaire Green Bay Real Estate Agent an Associate Broker for Micoley and Company in Green Bay, Wisconsin at 920-217-2647 to list your property for sale or to purchase a property in Green Bay, Howard, Suamico, East De Pere, West De Pere, Bellevue, Hobart, Bellevue, Allouez, Wrightstown, Denmark and the rest of Brown County Wisconsin. I'm accepting referrals.

Call me today at 920-217-2647 . Contact me by email if you prefer by clicking on email me on the right side of this page under my profile.

To view Green Bay Real Estate For Sale Click here and then click on All Properties Greg Dallaire knows Brown County and
will help you get your home Sold. If you need to Sell your home contact the Green Bay Wisconsin Real Estate Expert Greg Dallaire.

 

Copyright © 2008 By Greg Dallaire, All Rights Reserved. * Green Bay Real Estate - Allouez Market Report *

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Rainer
31,575
Linda Breeding
Keller Williams Realty - Pinehurst, NC

Greg - great information for your area! A buyer's market is a great time for buyers to buy (and should not be a scary term - it's just highly misunderstood) the more we get this information out the better things will get for our sellers. Great post.

Oct 20, 2008 08:21 AM #1
Rainmaker
35,817
Greg Dallaire
Dallaire Realty - Green Bay, WI
Green Bay Homes

Linda- Thank you for taking the time to stop by.  I agree with you the more we educate the general public the more understanding everyone will have for the Green Bay Bay Real Estate Market

Oct 20, 2008 10:17 AM #2
Ambassador
994,150
Sharon Paxson
Compass - Newport Beach, CA
Newport Beach Real Estate

Greg - excellent report - and you are definitely the expert in Green Bay. Your report looks great, and how did you upload that graph - did you save it as a jpeg or what file type. Thanks for the info and your very kind comments on my blog today!

Oct 20, 2008 11:52 AM #3
Rainmaker
35,817
Greg Dallaire
Dallaire Realty - Green Bay, WI
Green Bay Homes

Sharon- Thank you for the kind words.  I try my best to be the local Green Bay Real Estate Expert.  Your blog is very insightful and put together very nicely i'll be coming back soon.

Oct 20, 2008 01:32 PM #4
Ambassador
1,023,277
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation

Hi, Greg.  I like the way you've broken this down by price range and the different timeframes.  This must be very helpful for you when you meet with home sellers and buyers.

Oct 20, 2008 02:34 PM #5
Rainmaker
35,817
Greg Dallaire
Dallaire Realty - Green Bay, WI
Green Bay Homes

Margaret - I utilize these numbers on a daily basis to explain the Green Bay Real Estate Market.  When it is broken down into individual price points I feel that the data is stronger. 

Oct 21, 2008 01:47 AM #6
Ambassador
551,797
Julie Dumaine-Russell
RE/MAX Alliance - Branford, CT

Greg - What a great job you did presenting the market trends in your Green Bay Real Estate - Allouex Market Report. Good information for both buyers and sellers to keep them up to date on the individual market areas in Green Bay.

Oct 21, 2008 04:29 PM #7
Rainer
12,649
Robert Worthington
Worthington Realty - Manitowoc, WI

Greg, This market report you have put together is fantastic.  In your blog you stated that is may seem negative, however from an outside perspective, it's not even close to negative.  From the real estate agents perspective, assuming all homes take the same amount of effort to sell.  I'm going for the cheapies to the middle range.  Just my opinion.  Great Blog. Your an animal.

Oct 23, 2008 02:27 PM #8
Rainmaker
806,139
Lanre-"THE REAL ESTATE FARMER" Folayan
Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

Great Market Report Greg. I really like how you broke it down. By I guess I missed something but is there a way you can tell me how you came up with the current monthly supply avg? What numbers did you divide to come up with what you have? Great post Greg.

Oct 28, 2008 02:59 AM #9
Rainmaker
35,817
Greg Dallaire
Dallaire Realty - Green Bay, WI
Green Bay Homes

Donna-  Thank you for the kind words.  The individual market stats for price ranges has been a great help to my clients.  It's important to look at Green Bay Real Estate Allouez Market instead of the whole market as a whole.

Oct 28, 2008 04:38 AM #10
Rainmaker
35,817
Greg Dallaire
Dallaire Realty - Green Bay, WI
Green Bay Homes

Robert - You are right Robert my assumption could be wrong.  It's hard to know how people will view these statistics.  As realtor's we look at the base points to determine market trends.

Oct 28, 2008 04:39 AM #11
Rainmaker
35,817
Greg Dallaire
Dallaire Realty - Green Bay, WI
Green Bay Homes

Lanre- I'd be more than happy to share with you how we calculate those numbers.

Oct 28, 2008 04:39 AM #12
Rainmaker
806,139
Lanre-"THE REAL ESTATE FARMER" Folayan
Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

Green Bay Wisconsin Real Estate Allouez Market is sure blessed to have you Greg as their Real Estate professional providing them with much needed information in this Real Estate Market. Great post. 

Oct 29, 2008 05:12 AM #13
Rainmaker
85,834
Michelle Tucker ~ Pooler Real Estate
!Daley Real Estate - Pooler, GA
Rincon~Savannah~Richmond Hill

Greg selling Green Bay homes:  Interesting way you put together your Green Bay Real Estate - Allouex Market Report.  Home buyers and home sellers in the Allouex area should find this information valuable and reassures that you have done your homework in addition to be calling the Green Bay / Allouex Real Estate Expert.  Have you submitted you Allouex Housing Market Report to the bog carnival?

Oct 30, 2008 06:13 PM #14
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Greg Dallaire

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