Stop in at our open house on Saturday, September 23rd from 10:00 a.m. to 12:00 p.m. at 2896 Rileys Bay Road in beautiful Southern Door County. This 1907 Belgian Brick home has been tastefully updated with quality craftsmanship throughout. Inviting front porch welcomes you inside this lovely home with 3 bedrooms, 3 full baths and over 4,100 sq ft! Family room with vaulted ceiling & fireplace, master suite, dining room with French doors opening to office area. Finished lower level. Detached 2+ car garage with heated workshop. SOOOO MUCH to see! Contact Cathy Meyer at cathy.meyer.com or 920-360-9137 for more information! (MLS #131169)
Stop in at our open house on Saturday, September 9th from 11:00 a.m. to 1:00 p.m. at 5092 Bay Shore Drive. This spacious waterfront home has been tastefully remodeled. Three bedrooms, 2 baths, skylights, 2,202 sq ft of living space, storage shed and attached 2 car garage. Offering includes 120 feet of shorefront with 2 concrete docks and a floating dock with spectacular sunset views over Green Bay waters. Contact Ray Leonardson at raymond.leonardson.com or 920-559-2365 for more information! (MLS #131020)
Stop in at our open house on Saturday, September 2nd from 10:00 a.m. to 12:00 p.m. at 1500 Tacoma Beach Road, Strawberry Creek Residential Condominiums in Sturgeon Bay. Units 1-2 and C-3 available for viewing. Gorgeous units with water views! Both units include boat slips at marina. Contact Heidi Neubauer at email@example.com or 920-493-6289 for more information! (MLS #130027) (MLS #129408)
1114 Memorial Drive
– 132′ of Sturgeon Bay waterfront
– Permanent dock to accommodate your boat
– Exceptional waterfront views
– 3,180 sq ft home w/full basement
– Extra large city lot
– Needs restoration to bring it back to original beauty
Listing Agent: Linda Zeller
1227 N. 11th Place
– Quality built 3 bdrm, 2.5 ba w/1,964 sq ft
– Abundance of storage space and cabinets
– Patio off dining area to enjoy the yard
– Finished LL rec room
– Some updates include newer roof, furnace & A/C
– Att 2 car garage plus 14 x 16 outbuilding
Listing Agent: Lois Mickelson
July continued the strong resurgence of the real estate markets since those dismal years starting back in 2008. 2017 is the third consecutive year of very impressive sales and increasing values for the Door and Kewaunee markets.
Year to date (Jan-July) vitals are very strong. The number of sales increased from 498 in 2016 to 538 this year for a nice increase of 8%. This is especially encouraging since inventory of available properties typically decreases as we move through improving economic conditions.
Everybody’s favorite real estate statistic is median price. Thus far in 2017 we have seen a very solid increase of 10% moving from $136,000 in 2016 to $154,500 this year.
Another positive sign of a good market is the decrease of “days on the market”. Here we see a rather substantial improvement. In 2016 the average time it took for a property to sell was 405 days. In 2017, year to date, that number has dropped to 325 days, down 25%. We find the demand segment of the market realizes it is a bit of a seller’s market so they must act fast if they want to secure a specific property.
We are seeing multiple offers on many properties.
So, how are things for residential waterfront properties year to date? Here’s the lowdown:
|2017||2016||% of Change|
Here at ERA Starr Realty, residential shore home sales are an important part of our overall marketing program. Of the 53 listings sold thus far this year, we were listing agency for 14 of the properties. The second most active agency listed 7 shore homes.
No matter the type property, ERA Starr Realty can break down all the information and present you with an informative analysis of activity on the property, giving you valuable data to help in your decision making. We are: “Always There For You”!
Join us for a tour of 4 open houses at Heritage Lake Resort, 4286 Harbor School Road, Egg Harbor. Mark your calendar for this event – Saturday, September 2nd from 11 a.m. til 2:00 p.m. Let us help you find that perfect Door County vacation home at an affordable price! Contact Dina Boettcher at firstname.lastname@example.org or 920-559-6621 for more information!
Stop in at our open house on Saturday, August 5th from 11:00 a.m. to 1:00 p.m. at 3727 Glidden Drive. This spacious home has so many features – here are just a few! 2,900 sq ft, 3 bedrooms, 4 baths, corian counters, pocket doors, walk-in closets, 2 fireplaces, vaulted ceiling, security system, finished lower level, large deck, gazebo, 2.5 car attached garage and a gated entrance with fencing all around. Located on 1.18 private acres. Just a short walk to Lily Bay public beach and boat launch. Contact Di Wagner at email@example.com or 920-660-6372 for more information! (MLS #130660)
9510 Lovers Lane
– 22.5 country acres w/wetlands, uplands, woods, meadows and natural pond
– Spacious 6 bdrm, 2 bath with 2,600 sq ft of living area
– Wrap around deck to enjoy panoramic country views, amazing sunsets and wildlife
– Arched doorways, open staircase, fireplace, full basement
– Truly a great property!
Listing Agent: MarJean Gutschow
4685 Martin Road
– Private setting on 5.39 acres w/seasonal waterviews
– Spacious 4 bdrm, 3.5 bath w/3,700 sq ft
– Skylights, vaulted ceiling, 2 FPs, expansive deck
– Lower level walkout offers office and family room w/wet bar – great for entertaining
– 3 car att garage plus detached workshop/storage bldg
Listing Agent: Di Wagner
A solid June polished off what has to be labeled a highly positive 6 months for the real estate industry in the Door-Kewaunee market place.
Here are the vitals for residential inland properties:
|2016||2017||% of change|
|Number of Sales||154||215||+40%|
|Days on the Market||248||223||+10%|
For all properties recorded in the MLS, we find that there were a total of 427 sales for the first 6 months of 2017. This compared to 389 sales in 2016. That’s a 10% increase.
Median price for all properties checked in with an 11% increase moving from $139,225 in 2016 to $154,000 here in 2017.
This information shows us that inland residential housing did the bulk of the work in accounting for the solid sales and median price increases for our market. In 2016 residential inland home sales accounted for 41% of the overall activity in our MLS. The second strongest contributor to sales was residential condominiums at 13%.
Inland residential for the first 6 months of 2017 was 50% of all sales recorded in the MLS.
As always, ERA Starr Realty prides itself in keeping current with all that is going on in Door and Kewaunee Counties regarding real estate. We continue to lead the MLS in properties listed and sold as we have for the last decade+. For answers to any and all your real estate questions, give us a call…we are “Always There For You”!
With May in the books and mid-year fast approaching, it is evident that the real estate market here in Northeast Wisconsin (especially Door and Kewaunee counties) is and should continue to be very solid. All indications show positive signs for the remainder of 2017.
First, let’s take a look at median price and compare the first 5 months of the last several years:
The collapse of the real estate market started in 2008 and “peaked” in about 2012, when median price fell to just over $120,000, so we can see that median price for the first 5 months of any year from 2008 through 2017 varied by a maximum of 25%. It is interesting to note that through most of those years, median price was rather stable in the low $130’s. This market has never fluctuated as wildly as the markets in California, East Coast, and Nevada.
The number of sales thus far in 2017 topped out at 81, which is 19% higher than 2016, but exactly the same as the previous three years. At this point in 2017, we have to label real estate activity as stable.
Thus far in 2017, ERA Starr Realty continues to lead the MLS in sales and listings sold. This has been the case virtually every year since the current MLS system format was adopted in 2003. We are proud of our success, not only during the “good times” but also when the market flounders. We are careful to make sure we have all the current sales information digested so we can keep our customers and clients fully informed on market conditions. We are “Always There For YOU!”