Home Sales Rally in the Fourth Quarter of 2009!We do appear to be turning the corner, after steady improvements throughout the year, 2009 existing home sales were back to their 2008 levels. (according to the Wisconsin's REALTORS Association) We are very hopeful that the additional tax stimulus will improve market conditions for 2010 and bring us closer to more "normal" levels.
So how are we doing in northwest Wisconsin?
Below is a snapshot of the market in the seven northern counties in Wisconsin for the month of January 2010 compared to January 2009.
Ashland/Bayfield
2010 Median Sold Price $176,000 Total Sold 2 Day on Market 76
2009 Median Sold Price $190,750 Total Sold 2 Days on Market 139
Changes - 8% decrease in Median Sold Price/0% change in Total Sold
Barron
2010 Median Sold Price $85,000 Total Sold 16 Days on Market 175
2009 Median Sold Price $70,000 Total Sold 22 Days on Market 141
Changes - 21% increase in Median Sold Price/27% decrease in Total Sold
Burnett
2010 Median Sold Price $140,000 Total Sold 5 Days on Market 52
2009 Median Sold Price $80,000 Total Sold 7 Days on Market 246
Changes - 75% increase in Median Sold Price/29% decrease in Total Sold
Rusk
2010 Median Sold Price $90,500 Total Sold 5 Days on Market 105
2009 Median Sold Price $38,000 Total Sold 5 Days on Market 182
Changes - 138% increase in Median Sold Price/0 % difference in Total Sold
Sawyer
2010 Median Sold Price $247,000 Total Sold 12 Days on Market 146
2009 Median Sold Price $173,013 Total Sold 10 Days on Market 210
Changes - 43% increase in Median Sold Price/20% increase in Total Sold
Washburn
2010 Median Sold Price $93,500 Total Sold 6 Days on Market 222
2009 Median Sold Price $90,000 Total Sold 6 Days on Market 83
Changes - 4% increase in Median Sold Price/0% change in Total Sold
**Information provided by NW WI MLS ins compiled from 3rd party sources. Sale price does not reflect seller concessions. Stats include single family, condo and manufactured homes and may not include all properties sold.
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