La Crosse County Wisconsin Quarterly Market Update (April - June, 2009)

La Crosse County Wisconsin Housing Statistics:

We're doing better! So far we've seen 332 single family homes sold in 2009 vs. the 2nd quarter of 2008. Prices are stabilizing with a vast majority of sales under $200,000. Home sales above $300,000 very slow with only 14 sales above that mark. Of course, most of these homes were within the city limits of La Crosse, Onalaska and Holmen. First-time homebuyers really took advantage of the $8,000 tax credit in this area! I can't imagine how much instant equity was built with all these sales.

We had a very interesting article in the local newspaper today regarding vacant land lots in La Crosse County. According to the paper, there are nearly 2500 vacant residential lots available! There were only 21 vacant land sales in La Crosse County this quarter, some with drastic price reductions and others at asking price. Quite frankly, I'm thinking some of the developers are going to take it in the shorts while trying to fill these huge sub-divisions.

Contact Marty at Erlandson Realty for all your La Crosse County real estate needs.

All information deemed reliable from La Crosse Area Realtor's Association and South Central Realtor's Association.