Real Estate Market review, Verona Wisconsin.
Real Estate Guy team likes to look at the Housing market in Verona Wisconsin. This time we have looked at 2 separate time periods in 2011 to compare house sales and homes on the market and such sales stats as Days on Market, DOM and % list to sale price.
All Verona single family homes - 2011
|
|
# list |
#sold |
% sold |
Ave sold $ |
Ave list $ |
L/S% |
DOM |
|
Mar-Jun |
92 |
54 |
58% |
291,000 |
285,000 |
97.75% |
98 |
|
Jul-Oct |
81 |
48 |
59% |
285,000 |
273,000 |
96.21% |
107 |
Real Estate Guy read on these stats : The only significant change is in the average price. In these consecutive periods, the listed price dropped by 3.5%, the home sale price dropped just 2%.
The length of time to sell has increased by 9%. This is to be expected as the spring market gives way to summer/fall market.
One extra notable is the % of hoes that failed to sell I their listing period dramatically increased. In the spring period there was a 31% chance of a home not selling. In the later period, that percentage nearly doubled to 55%. Over half the homes listed failed to sell.
Guy Lofts is a 10 year resident of Verona Wi. Guy runs a team of Real Estate Agents called RealEstateGuy Team with Keller Williams Realty.
More Area Information in Verona
Look guy up at http://www.RealEstateGuy.Net
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First published: http://wi-realestateguy.blogspot.com/2011/11/verona-statistics-of-home-sales-2011.html
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