You’ve heard the doom and gloom…
Yada, Yada, Yada… Here’s an interesting fact from the past year-plus:
The total value of real estate sold in 2008 from January through the end of July was $53.9 million.
The total value of real estate sold in 2009 during the same period was $53.3 million.
A difference of only 1%. And the beginning of this year was supposed to be way worse than last year.
Another example of real estate being local. Plus this shows that Wisconsin Rapids continues to have a strong backbone and cannot be easily shaken.
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The ‘summer is flying by’ edition of our real estate market report. Thanks for reading.
You can read previous market reports to see for yourself what our real estate market has been doing.
Fifty-two homes were added to our MLS this month. Including 38 homes in Wisconsin Rapids. That only means good things for prospective buyers. If you’re ready to start formally searching for homes, you know, moving from just online to getting in touch with an agent… Let me know and we can get you started.
Happy house hunting!
First time here? This is a monthly post designed to shed light on our real estate market. I publish this report because now is an excellent time to learn about the Wisconsin Rapids real estate market. By arming yourself with a little real estate education you’re setting yourself up for success when you decide to buy or sell your next home. Want to stay up to date? Click here and articles will be delivered directly to your inbox. As always, it’s free. Plus you can always unsubscribe at any time. Every month more and more people are signing up. It makes me feel like you like my writing…
The data was gathered through the MLS, so the data is deemed reliable but not guaranteed. You know the drill…
Single Family Wisconsin Rapids Homes:
- Active Homes for Sale: 275 ( including 38 new listings in July)
- Average List Price: $123,267
- Homes Sold in July 2009: 30
- Average Sale Price: $91,840
- Median Sale Price: $84,750
- Average Days on the Market: Active: 185 Sold: 178
- Average Sale Price/List Price: 94%
- Expired Listings: 17
Single Family Nekoosa Homes:
- Active Homes for Sale: 127 (including 9 new listings in July)
- Average List Price: $192,143
- Homes Sold in July 2009: 4
- Average Sale Price: $158, 830
- Median Sale Price: $147,710
- Average Days on the Market: Active: 211 Sold: 240
- Average Sale Price/List Price: 94%
- Expired Listings: 3
Single Family Port Edwards Homes:
- Active Homes for Sale: 25 (including 5 new listing in June)
- Average List Price: $112,545
- Homes Sold in July 2009: 3
- Average Sale Price: $50,333
- Median Sale Price: $55,000
- Average Days on the Market: Active: 211 Sold: 255
- Average Sale Price/List Price: 97%
- Expired Listings: 0
What next?
As always, my goal is provide not only valuable but also useful information that you can put into action. If you like what you’re reading and want a little help remembering to come back, why not click here and have all upcoming posts sent directly to your email inbox? You can read a description on how this works here if your unfamiliar with the process. I promise it’s not scary, nor will your email be sold to any annoying telemarketer.
For More Info:
- Thinking about selling? Quickly see what your home’s worth in our market.
- Have you thought about getting in contact? Why Not? Click here to get in touch with Adam. I’m a peach… Really…
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PHONE: (608) 542-0178
My name is Adam Holberg and I’m a Realtor with First Weber of Wisconsin Rapids. This website is designed to inform and help bring conversation to a topic I love, real estate.