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Home sale Statistics update, Verona Wisconsin

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

Search homes for sale in Verona, including one click home searches in Verona

Search homes for sale in Verona, including one click home searches in Verona

First published: http://wi-realestateguy.blogspot.com/2011/11/verona-statistics-of-home-sales-2011.html

Posted Friday Nov 18