Home sales in February grew 1.8% since 2014; while the median sales price increased 6.1% to $137,900. Typically December thru February are the slowest sales month of the year. Typically winter months only account for 16.9% of sales; while 27.1% of sales take place March thru May and 32% occur between June & August, according the Dan Kruse Wisconsin Realtors Association President. Although the state saw an overall increase, Grant County saw a decrease of sales of 31.6% and Lafayette saw a slight increase of 16%. The median price in Grant County dropped 12.5%; while Lafayette remained the same.
The state of Wisconsin had 8,594 new listings in February 2015; however locally we are experiencing a shortage of inventory. We have multiple buyers for several Southwest Wisconsin communities, but not the homes that the buyers are seeking. Typically March thru June is the most popular time to list. If you are contemplating listing your home now is a great time to do so. If you would like a hassle and cost free assessment of your home call our agency. We will walk through your home, give you cost friendly pointers to improve the price and an idea of the price your home would bring should you put it on the market.
Thank you to everyone who has sent cards, plants, fresh flowers and offered friendly smiles and words of encouragement with our new office in Cuba City. We have been warmly welcomed and we appreciate it. Everyone at Lori Droessler Real Estate looks forward to offering you a full service real estate experience. Don’t forget our agency is also licensed in Illinois as well as having an agent in Madison, WI. If you are looking to re-locate to the Madison area, or looking for a home or vacation home across the border we can assist you.
Think warmer temperatures, sunshine, green grass and flowers!!!