There are numerous ways to price your home in today's market. The most popular is the appraisal method. With this method you find 3-6 properties similar to your home that have sold in the last 1-3 months. Some appraisers will go back 3-6 months if they need to. This is a good way to solidify a purchase price. However this is past data.
If you are looking to be competitive and sell in today'smarket you have to look at another option. Put your self in the position of the buyer and look at active listings. How can you compete against the homes that are already on the market. Number one is price but you can also other features that make you more appealing. How much is that worth to a buyer? Remember don't go overboard. Buyers are savvy and will always look at price.
Lets take a look a the two examples. Lets say you have a average 3 bedroom 2 bath ranch in a good size subdivision. If you find 3 properties identical to your home and they all sold within the last 3 months with an average sale price of $245,000. You could list the home for $249,900 and expect offer in the $245,000 price range. Would you agree? There is no guarantee your home will sell for this.
With my method we take active listings. We are still looking at the same 3 sold comps but we are competing against 6 other homes that are on the market from $235,000-$245,000. If you list at the $249,900 you are chasing the market and will only help sell your neighbors home. I am sure they will thank you for that.
If we price the home at the $235,000 we are now leading the market and your neighbor will help sell your home in a quicker time frame. Then you can go thank them.
Are you curious on the value of your home? Go to www.YourLocalHomeValue.com fill out some information about your home. Then you will be sent a computer generated report for your area. (sorry south central/Milwaukee wisconsin area only)
This is just an estimation. If you are looking to sell you really need to have an experienced agent come through your home.
Brad Koenig
www.YourLocalHomeTeam.com
262-719-7393
A Local home warranty company will be rolling out with a great new service. A job loss protection plan! I am excited about this program. I have many buyers that are concerned about loosing their jobs in the next few years.
"Buyer confidence is what we're missing in the real estate transaction," said James Imhoff III, who is marketing the program to local real estate brokerages through his home warranty company, Universal Home Protection. "If you think of the current market conditions right now, you've got low mortgage rates and high inventory with reduced prices, but this is another step we needed to take to offer value to Wisconsin homeowners."
"It really injects confidence into the whole buying process for a whole lot of buyers who are on the fence, worried about the future," he said. "It's pretty obvious there are a lot of frightened people out there."
Through last week, Imhoff had signed up and provided online training in the program for agents at five real estate companies -- Restaino & Associates, First Weber, Stark, Century 21 Affiliated and Bunbury, with others likely to sign up soon, Imhoff said.
"They're really excited," Imhoff said about the companies, which must pay $50 a month for each office in the firm to help fund the program. "It's so new that a lot of (agents) are still trying to get trained. You're going to see it soon on all of their Web sites and in signs and ads."
The job-loss protection benefit is a program of the Rainy Day Foundation, a Washington, D.C.-based, non-profit 501(c)3 organization supported by donations from large builders and lenders and other housing industry organizations and individuals.
It says its mission is to create and maintain responsible homeownership through programs offering financial counseling before and after a home purchase and through its HELP -- Homeowner Education and Loan Protection -- program, which includes the job-loss protection benefit.
Here are the basics. The program would cover your payments for up to 6 months and up to $1800 per month. You are only covered if you are laid off and not if you quit or are fired.
I would like to hear your thoughts on this new program. I will start offering this as part of my marketing package on all my new listings.
Many of you ask us "What is going on in my local housing market?"
We will continue to update this on a monthly basis so bookmark this page and visit often...
...or sign up for a monthly email report that is specific to your neighborhood!
Below you will find sales data for Waukesha, Jefferson and Dane Counties.
These sales are single family homes only. If you would like to see postings on Condos, land or any other county let us know.
Compare 2008 vs 2009 notice the Days On Market as well as the average sale price difference.
This is a good time to buy your first home or move up in size. If you are curious on the value of your home visit www.YourLocalHomeValue.com
| Waukesha County 2009 SOLD July under $250,000 | Original Price | List Price | Sale Price | CDOM | Price Chg | % Price Chg |
| This Search (164 Matches) | ||||||
| Average | $208,888 | $203,053 | $195,979 | 113 | $-13,670 | -6.39% |
| Median | $214,900 | $209,900 | $200,000 | 56 | $-10,000 | -4.6% |
| Low | $59,900 | $59,900 | $64,000 | 0 | $-44,350 | -24.07% |
| High | $289,900 | $275,000 | $265,000 | 788 | $900 | 0.37% |
| 164 w/Orig. Pr. | 164 | 164 sold | 164 | 70 changed price |
| Current Listing | Original Price | List Price | Sale Price | CDOM | Price Chg | % Price Chg |
| Waukesha County 2009 SOLD July over $250,000 | $249,900 | $250,000 | $232,500 | 76 | $100 | 0.04% |
| This Search (190 Matches) | ||||||
| Average | $425,781 | $409,620 | $388,694 | 185 | $-30,419 | -5.98% |
| Median | $362,400 | $349,900 | $335,000 | 113 | $-20,000 | -5.14% |
| Low | $33,900 | $250,000 | $224,900 | -32 | $-401,000 | -39.08% |
| High | $2,100,000 | $1,699,000 | $1,550,000 | 885 | $80,000 | 29.64% |
| 190 w/Orig. Pr. | 190 | 190 sold | 190 | 111 changed price |
| Current Listing | Original Price | List Price | Sale Price | CDOM | Price Chg | % Price Chg |
| Waukesha County 2008 SOLD July under $250,000 | $129,900 | $74,900 | $70,000 | 92 | $-55,000 | -42.34% |
| This Search (140 Matches) | ||||||
| Average | $212,168 | $207,923 | $201,911 | 84 | $-14,150 | -5.94% |
| Median | $219,900 | $214,950 | $211,000 | 57 | $-10,000 | -5% |
| Low | $21,900 | $74,900 | $70,000 | 1 | $-70,000 | -42.34% |
| High | $313,950 | $250,000 | $261,500 | 468 | $90,000 | 56.29% |
| 140 w/Orig. Pr. | 140 | 140 sold | 140 | 56 changed price |
| Current Listing | Original Price | List Price | Sale Price | CDOM | Price Chg | % Price Chg |
| Waukesha County 2008 SOLD July over $250,000 | $275,000 | $250,000 | $235,550 | 76 | $-25,000 | -9.09% |
| This Search (201 Matches) | ||||||
| Average | $425,670 | $416,104 | $399,577 | 135 | $-23,164 | -4.35% |
| Median | $369,000 | $350,000 | $350,000 | 92 | $-15,400 | -3.85% |
| Low | $166,800 | $250,000 | $200,000 | 3 | $-205,000 | -26.89% |
| High | $1,399,313 | $1,399,313 | $1,300,000 | 628 | $100,000 | 59.95% |
| 201 w/Orig. Pr. | 201 | 201 sold | 201 | 83 changed price |
Jefferson County
| Current Listing | Original Price | List Price | Sale Price | CDOM | Price Chg | % Price Chg |
| Jefferson County 39 SOLD July 2009 | $75,000 | $42,800 | $40,000 | 163 | $-32,200 | -42.93% |
| This Search (39 Matches) | ||||||
| Average | $193,920 | $184,418 | $175,112 | 180 | $-17,648 | -10.27% |
| Median | $176,000 | $172,500 | $167,500 | 120 | $-10,900 | -7.65% |
| Low | $75,000 | $42,800 | $40,000 | 8 | $-50,000 | -42.93% |
| High | $435,000 | $399,900 | $370,000 | 655 | $-1,500 | -0.76% |
| 39 w/Orig. Pr. | 39 | 39 sold | 39 | 21 changed price |
Click to view listings sold in Jefferson county for July 2009 (may take a minute to load)
| Current Listing | Original Price | List Price | Sale Price | CDOM | Price Chg | % Price Chg |
| Jefferson County 54 SOLD July 2009 | $108,000 | $59,000 | $56,500 | 309 | $-49,000 | -45.37% |
| This Search (54 Matches) | ||||||
| Average | $280,794 | $231,428 | $221,166 | 172 | $-35,717 | -9.71% |
| Median | $209,495 | $179,700 | $183,250 | 113 | $-13,100 | -5.86% |
| Low | $74,900 | $59,000 | $44,500 | 9 | $-400,500 | -45.37% |
| High | $1,799,900 | $999,500 | $999,500 | 647 | $3,000 | 1.17% |
| 54 w/Orig. Pr. | 54 | 54 sold | 54 | 29 changed price |
Dane County under $250,000 Sales July 2009
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Dane County over $250,000 Sales July 2009
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The Delafield Block Party is slated for Friday and Saturday, June 19-20. This community celebration, sponsored by the Delafield Area Chamber of Commerce, promises two days of family fun and festivities.
Festivities begin at 5 p.m. Friday with Delafield Chamber member restaurants providing a specialty food court on Milwaukee Street, beer tents (including a new specialty beer tent - the HofBräuhaus), and Main Stage entertainment, including the Brandon James Band from 5 to 7:30 p.m. and Chasin' Mason from 7 to 11:45 p.m. The Main Stage is in the city parking lot on the corner of Main and Dopkins. Additional live music will fill the Family Stage at 5:30 p.m. as festivalgoers enjoy dinner.
On Saturday, after the Farmers Market from 7 a.m. to 1 p.m. at the city parking lot there will be free tours of Hawks Inn from 1 to 4 p.m.
From noon to 4:30 p.m. Saturday on the Family Stage are a variety of family and community activities, including a rock-climbing wall, performances by dancers from To The Pointe and Fred Astaire studios and an interactive magic show by Glen Gerard.
The Delafield 5K Run/Walk and Kids' Fun Run will kick off at 3 p.m. at Highway C and Dopkins Street. Rain or shine, the twilight 5K race begins at 5 p.m.
Saturday evening entertainment includes Crazy Man's Basement from 5:30 to 8:30on the Family Stage and The Pink Flamingoes from 4 to 7 p.m. on the Main Stage, followed by the Love Monkeys playing for the street dance from 8 to midnight.
For more information, call the Delafield Chamber of Commerce at (262) 646-8100 or visit delafield.org.
Many of you ask us "What is going on in my local housing market?"
We will continue to update this on a monthly basis so bookmark this page and visit often...
...or sign up for a monthly email report that is specific to your neighborhood!
Below you will find sales data for Waukesha, Jefferson and Dane Counties.
These sales are single family homes only. If you would like to see postings on Condos, land or any other county let us know.
Compare 2008 vs 2009 notice the Days On Market as well as the average sale price difference.
This is a good time to buy your first home or move up in size. If you are curious on the value of your home visit www.YourLocalHomeValue.com
| Waukesha County 209 SOLD May 2009 | Original Price | List Price | Sale Price | CDOM | Price Chg | % Price Chg |
| This Search (209 Matches) | ||||||
| Average | $348,531 | $333,154 | $313,254 | 166 | $-32,023 | -8.56% |
| Median | $264,900 | $251,900 | $248,000 | 121 | $-17,600 | -6.39% |
| Low | $25,900 | $49,900 | $50,000 | -43 | $-241,000 | -31.23% |
| High | $2,955,000 | $2,955,000 | $2,490,000 | 662 | $5,000 | 1.19% |
| 209 w/Orig. Pr. | 209 | 209 sold | 209 | 103 changed price |
Click to view listings sold in Waukesha county for May 2009 (may take a minute to load)
| Waukesha County 209 SOLD May 2008 | Original Price | List Price | Sale Price | CDOM | Price Chg | % Price Chg |
| This Search (300 Matches) | ||||||
| Average | $533,813 | $306,324 | $296,312 | 137 | $-17,703 | -5.26% |
| Median | $266,250 | $259,450 | $250,000 | 87 | $-10,000 | -4.03% |
| Low | $84,900 | $84,900 | $81,900 | 1 | $-124,900 | -25.27% |
| High | $61,750,039 | $2,000,000 | $2,000,000 | 748 | $50,000 | 11.11% |
| 300 w/Orig. Pr. | 300 | 300 sold | 300 | 130 changed price |
| Jefferson County 40 SOLD May 2009 | Original Price | List Price | Sale Price | CDOM | Price Chg | % Price Chg |
| Average | $183,177 | $178,637 | $173,104 | 170 | $-8,255 | -5.19% |
| Median | $165,450 | $159,450 | $160,000 | 118 | $-10,200 | -6.14% |
| Low | $61,500 | $51,500 | $36,000 | 13 | $-35,000 | -21.83% |
| High | $459,900 | $464,900 | $460,000 | 603 | $80,000 | 43.24% |
| 40 w/Orig. Pr. | 40 | 40 sold | 40 | 22 changed price |
Click to view listings sold in Jefferson County May 2009
| Jefferson County 60 SOLD May 2008 | Original Price | List Price | Sale Price | CDOM | Price Chg | % Price Chg |
| Average | $203,218 | $194,904 | $185,768 | 165 | $-19,954 | -9.31% |
| Median | $187,000 | $169,900 | $165,000 | 118 | $-11,500 | -6.09% |
| Low | $79,800 | $79,800 | $70,000 | 11 | $-100,000 | -37.05% |
| High | $569,000 | $549,000 | $487,000 | 648 | $-4,245 | -1.67% |
| 60 w/Orig. Pr. | 60 | 60 sold | 60 | 25 changed price |
Dane County May 2009
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Click Here to View Listings sold in Dane county over $250,000 may of 2009
Click Here to View Listings sold in Dane County under $250,000 may of 2009
Dane County May 2008
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Brad Koenig, ABR, CRS, GRI, E-PRO and Kati Hatfield Client Care Manager
Your Local Home Team, LLC-First Weber Realtors www.YourLocalHomeTeam.com Search for homes in the area!
Sold@YourLocalHomeTeam.com 262-719-7393 Office/Cell 262-364-3404 Direct Fax Proudly Serving Southcentral Wisconsin with Referrals from our Clients Visit my LinkedIn profile: http://www.linkedin.com/in/bradkoenig or www.FaceBook.com Check out our Blog! http://mywisconsinrealestateblog.com/
Your Local Home Team and First Weber can provide home buyers/seller with a full service, anxiety-free real estate experience, delivering a level of service unmatched in the real estate industry.
Your Local Home Team and First Weber can provide home buyers/seller with a full service, anxiety-free real estate experience, delivering a level of service unmatched in the real estate industry. With over 20 years combined real estate experience our team can service your real estate needs in Waukesha, Jefferson and Dane County.
Brad, team leader has the following designations
ABR-Accredited Buyer Agency
GRI Graduate Realtor Institute
CRS- Certified Residential Specialist (Only 3% of all Realtors have this)
E-Pro- Internet Professional ASP-Accredited Staging Professional
We work with all of our clients closely to educate them on todays market. With our experience we can help you sell your home for top dollar. If you are purchasing a new home we will make sure you find the home that best fits your needs. We would look forward to speaking with you soon. Brad Koenig-Team Leader Your Local Home Team-First Weber 262-719-7393
You can search for and gain information about Personal Listings of Your Local Home Team and all other homes for sale in Johnson Creek, Jefferson, Fort Atkinson, Cambridge, Lake Mills, Watertown, Oconomowoc, Delafield, Waukesha, Brookfield, Pewaukee and Hartland on our site. Also, we offer information about all southern Wisconsin cities and all Wisconsin schools. Too busy to search for real estate on your own? Send us an email with what you are looking for in a home. Your Local Home Team can email you a complete list of all homes for sale with every real estate company and daily real estate updates. No need to visit any other real estate website or call on ads in the real estate newspaper. Your time is precious. Let Your Local Home Team do the work for you.
Are you a first time home buyer?
Buying a home can be confusing and stressful. We take care of the stress and make buying a home fun. We like to meet and have a free no obligation home consultation with every homebuyer before they even look at home. Your Local Home Team will go over with you everything you need to know before you purchase a home. We will explain the home-buying process in great detail including, the offer to purchase, home inspections, real estate appraisals, and financing options. Contact Your Local Home Team today to schedule your no obligation real estate consultation. Schedule an appointment.
Sellers
Your Local Home Team will design a Customized Marketing Analysis (CMA) to assist you in differentiating your home from others in your marketplace.
Your Local Home Team and First Weber gives your home the exposure you deserve. We service all of Dane, Dodge, Jefferson, and Waukesha Counties - which include cities like Johnson Creek, Jefferson, Fort Atkinson, Cambridge, Lake Mills, Watertown, Oconomowoc, Delafield, Waukesha, Brookfield, Pewaukee and HartlandWe use all of traditional methods of selling homes, plus we offer a internet marketing package second to none. All of our homes are featured on multiple websites, including Realtor.com, the #1 visited real estate website in America, and http://www.firstweber.com/, the website for Wisconsin's largest real estate company.
The number one complaint from sellers is that after they list their home they never hear from their Realtor again. Your Local Home Team will never let this happen. We have a state-of-the-art contact management program designed for real estate. Plus, we offer a website that you can log into and view all the showings and services we have done for you. We pride ourselves on our service to all of our customers. For more information on our services, you can view our marketing plan. Interested in the value of your home? Request a Free Market Analysis on your home. To learn more about how Your Local Home Team can market your home, send us an email for a no-obligation consultation at your home or our office.
Q. and M.
Brad was excellent. He made our first home buying experience stress free, enjoyable, and fun. We will definitely think of First Weber when buying a home in the future.
John and Kim
Brad - we are both doing well. House is great! ... We will most certainly pass your name on to anyone who is looking to buy or sell a home in the area. It was really great to find a realtor like you, willing to go out of his way to show us homes. Not to mention, calling us/emailing us 2 years after the sale! Thanks and we will keep in touch.
Randy
Kati helped to make buying my first home an easy experience. If I need to buy or sell a house, I definitely would use First Weber again. Thanks.
Dan and April
Thanks for helping us find our home! It was great working with you!
Matt and Brenda
Thanks for doing all of this research for us... This is why we continue to use you as our Realtor. You are honest and straight to the point and great at your job! Not to mention a good person.
A. & C.
Excellent service before, during, and after the sale!
Charles and Dava
Your Local Home Team, LLC, is a top-notch organization. Brad and [his team] provided us with such tremendous service. They were prompt, courteous, knowledgeable, available, efficient, and technologically advanced. If we were planning another move, we would definitely call them to assist us again and we would not hesitate to recommend their services to our closest of friends. Thanks guys!
Our note: Six months later, when they received a job transfer out-of-state, we listed their house for sale, secured a buyer, and closed less than 45 days later!
Doris
Everyone was very courtious and relayed my messages promptly, very helpful!
Mark and Shannon
Personalized and kept things moving forward. This was our second home we bought with Brad.
Darin and Nicki
To Whom It May Concern:
When the time comes that you are looking for a house and you ask yourself the single most important question, "What Realtor do I choose?" We have the answer for you - Brad Koenig.
Brad works for [First Weber Realtors in Lake Mills]. He is by no means limited to this location. He will get information and/or show you any house at your convenience. This was so important to my husband and I who are in professional settings where sometimes extra time is hard to find. Brad made the time to meet our needs. Whenever we needed to talk to him, he was there either by phone or e mail.
Brad's professionalism and friendly manner helped us get through the entire process. At times when we were unsure, he was right there assuring us things were fine.
Brad earned our highest respect as a realtor and as a friend. We would have never made it through without Brad. He will work till he finds you the right house. We highly recommend Brad Koenig to help you find the house of your dreams.
John and Kate
Dear Brad:
John and I just wanted to drop you a note to tell you what a wonderful experience it was to do business with you. You were always courteous and friendly right from the get-go. You answered our questions and when you didn't have the answers, you diligently researched them for us. You kept us informed of each step and never failed to respond in a timely fashion to phone messages left for you. You answered questions about local establishments and facilities. Brad, even our insurance man was impressed with you, so your business savvy isn't just our perception.
Most certainly, if we know of anyone considering a move, we will refer them to you. Also, you may use us as a referral at any time.
We wish you all the best in your business and private life.
Shannon
To Whom It May Concern:
In November 2001, my husband and I decided to move from Minneapolis to south central Wisconsin. I was beginning my last trimester of pregnancy, so we knew the move would not be an easy one. We began by looking on-line at the MLS. We found a bunch of listings but didn't have a Realtor. My husband was traveling down to Madison on business, so we thought it would be a good opportunity to contact someone. As he was browsing the listings, he noticed Brad Koenig's ad and on a whim decided to contact him. He sent Brad an email and set up a meeting. When my husband told me he had contacted someone, I was hesitant and warned him not to get into contract with a Realtor yet, that I wanted to meet Brad too.
Mark met with Brad and things went very well. He said he felt comfortable working with him. So, the next step was to set up a weekend when both my husband and I could go down to look at potential houses.
Brad sent us a bunch of listings by email. We picked some we wanted to look at and he answered all of our questions about each property. I also felt very comfortable with Brad and was relieved that we had been lucky in contacting a good Realtor. (I had spent two years looking for a house to buy in the Twin Cities, so I know that having a good Realtor makes things go much more smoothly). That weekend, we found the house we wanted. It had everything that we were looking for. Brad was extremely helpful in getting our questions answered, and we had a lot of them! He made sure that things happened in a timely manner and kept us informed of what was going on. He also arranged an out-of-state closing in Minneapolis because we could not travel because we were closing days away from my due date.
I was surprised at how well things went, considering we had to do everything by phone and email. Brad is definitely to thank for this. He is very reliable and thorough. We will definitely be recommending him to friends and family.
Dan and Tami
We were more than satisfied with Brad's services. He not only sold our house, he sold it fast! He had our house on the market within minutes of signing the contract. We didn't have to go through all the showings. He marketed our house using today's latest technology. The virtual showings on the internet weeded out the "lookers" and only sent serious buyers. We had immediate responses from interested buyers.
Brad was easily reachable and handled all the details. All we had to worry about was packing. Any time we needed to talk to Brad he got back to us right away to answer any questions we had. He is truly a full service Realtor. Both Tami and I would be more than happy to recommend him to anyone in need of a Realtor - his service and attention to detail were exceptional!
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