Bayfield WI Prices Headed North, According to Trulia

Trulia reports that Bayfield, Wisconsin real estate prices have been trending upwards over the past month. Prices are up 0.4 per cent over the past week, according to Trulia's "Bayfield WI real estate overview" page.

The current average listing price in Bayfield is $200,200. This figure is up from $197,000 in mid-December of 2011.

There's also less available inventory in the 54814 zip code area. Listing inventories have dropped slightly since mid-December.

By contrast, prices on nearby Madeline Island have dropped by over 3% during the past month. And the average home price in the 54850 zip code (Madeline Island) dropped by 1.7 per cent ($6184) for the week ending January 11, compared with the previous week.

Bayfield County, WI Market Report - Wisconsin Realtors Association Statistics Recap for 2011

WRA has summarized the 2011 real estate market for Bayfield County, Wisconsin, reporting that 2011 was a year with the lowest annual median price in the past five years.

Bayfield County, Wisconsin did considerably better in 2011 than neighboring Ashland County. Ashland County reported thirty per cent fewer sales than Bayfield County in 2011, with an annualized median sold price of approximately one-third lower than reported for Bayfield County during the same period.

The 2011 median price for Ashland County, Wisconsin was $120,000. The 2011 annualized median price statistics were based on a total of 199 sales in 2011.

There were eighteen sales reported in all of Bayfield County, WI during December of 2011.

[Map of Bayfield County, Wisconsin]

Search Facebook for a Real Estate Agent in Bayfield, WI

Looking for a Bayfield, Wisconsin real estate agent? Search on Facebook by clicking here.

You'll see a page that reads "Real Estate Agent Directory - FIND AN AGENT"

Below that, you'll see "Find and connect with Agents".

Enter "Bayfield, WI" in the box that reads "What area are you searching?" Or enter 54814 (which is the zip code for Bayfield, Wisconsin). Then, click on "Find Agents".

Here's what you'll see:

Madeline Island Realty is the only real estate brokerage which appears when you search the Facebook Real Estate Agent Directory for an agent in Bayfield, Wisconsin (54814 zip code).

Thats's right..if you use the Facebook Real Estate Agent Directory to search for a real estate agent in Bayfield, Wisconsin, you'll find only one real estate agent, and only one real estate firm - Eric Kodner, with Madeline Island Realty.

Why do we market our company and our property listings on Facebook? Nearly one-half of Americans use Facebook. And Facebook has over 800 million active users total.

If a real estate agent doesn't know how to market themselves or their business, how would that agent know how to market your home?

Bayfield, Wisconsin Real Estate Market Report - Average List Price Continues to Drop at the Close of November 2011

Trulia reports that average home listing prices continued to drop at the end of November, 2011. The average list price of a home in the 54814 zip code area fell to $199,941 as of November 30th, down 0.7% from the prior week.

The average list price of a Bayfield, Wisconsin home has dropped 2.5%, or $5229, since November 9, 2011. The number of available listings in 54814 also dropped nearly 5% during the month of November, 2011.

Just over one-half of the current Bayfield, Wisconsin dwelling listings fall into the Condominium/Townhome/Row Home/Co-op category, according to the Realtor.com website. The large percentage of condominiums and townhomes for sale in Bayfield at present, with fewer detatched single family homes on the market, results in a lower average listed home price in the 54814 zip code area compared to that on nearby Madeline Island.

Looking to buy or sell a home in Bayfield, Wisconsin? Contact the only Apostle Islands area real estate company that regularly researches and reports up-to-date market statistics and information on market factors in Bayfield, Wisconsin and on Madeline Island.

Call Madeline Island Realty at 715.747.6500 and let us provide you with accurate and trustworthy market advice regarding the local real estate market.

Bayfield, Wisconsin Real Estate Market Report for November 2011 - November Average List Price Drops 1.3% During the Past Week

The inventory of Bayfield, Wisconsin area homes for sale remains high, while the average list price of homes for sale in the 54814 zip code has dropped steadily since the beginning of November, according to data obtained from Trulia.

At the beginning of November, the average list price for Bayfield homes was around $207,000.  As of November 23, 2011, that average list price had dropped to $201,295.

When compared to the Madeline Island real estate market, homes in Bayfield appear to be much more affordable.  The average price of a home in the 54850 zip code area (Madeline Island) is currently $385,305.  The higher figure for Madeline Island home price averages reflects two underlying factors, the first being a higher percentage of waterfront properties for sale and the second being higher construction costs involved in building a home on an island.

Ask us about Bayfield, Wisconsin properties for sale.  Contact Madeline Island Realty at 715.747.6500 or call Broker Eric Kodner at 612.670.2539.