Better or Worse? The Market in Rock County for 2009

Hey Rock County what is going on in Real Estate?

LAST YEAR 2008 WAS DOWN FROM 2007.

HOW DOES 2009 COMPARE?

The Total Number of Single Family Home Sales YTD:

Rock County 2008 - 1305 2009 - 1241 RESULTS: DOWN 5%

JanesvilleWI 2008 - 583 2009 - 590 RESULTS: UP .1%

Milton, WI 2008 - 59 2009 - 43 RESULTS: DOWN 27%

Beloit, WI 2008 - 316 2009 - 234 RESULTS: DOWN 26%

Edgerton, WI 2008 - 51 2009 - 67 RESULTS: UP 31%

Evansville, WI2008 - 57 2009 - 62 RESULTS: UP 9%

Average Sale Prices of Single Family Homes YTD:

Rock County 2008 - 130,336 2009 - 120,569 RESULTS: DOWN 7%

Janesville,WI 2008 - 132,209 2009 - 115,636 RESULTS: DOWN 12%

Milton, WI 2008 - 147,310 2009 - 137,652 RESULTS: DOWN 7%

Beloit, WI 2008 - 77,874 2009 - 70,901 RESULTS: DOWN 9%

Edgerton,WI 2008 - 148,344 2009 - 124,501 RESULTS: DOWN 16%

Evansville,WI 2008 - 171,541 2009 - 145,546 RESULTS: DOWN 15%

AS WE CAN SEE SALES WERE DOWN IN SOME AREAS AND UP IN OTHERS. THE FACT THAT AVERAGE PRICES WERE DOWN IN ALL AREAS IS DO TO FORECLOSURES, SHORT SALES, AND THE FACT THAT MANY TOOK ADVANTAGE OF THE FIRST TIME BUYER TAX CREDIT OF $8,000.

PERCENTAGES WERE ROUNDED AND THE INFORMATION WAS COURTESY OF THE ROCK GREEN REALTORS ASSOCIATION. THE INFORMATION IS DEEMED TO BE RELIABLE, BUT NOT GUARANTEED. THIS DOES NOT NECESSARILY REFLECT ALL SALE IN THE MARKETPLACE.

FOR YOUR SPECIFIC NEIGHBORHOOD,GIVE ME A CALL, TEXT, OR EMAIL.

JERRY MORSE, CRS, GRI, BBA

THE MORSE COMPANY

OFC 608 754-5300, CELL 608 436-6858, jerrymorserealestate@yahoo.co

www.janesvillewirealestatelistings.com

www.cometowisconsin.com

www.themorsecompany.com