Door County Multiple Listing Service
Generally it takes at least the first 4 months of any given year to glean enough information from the MLS system to find meaningful data. Certainly these months are the slowest of the year and it takes until April to begin to see trends develop. So far I like what I see! It’s been a “winter from hell” and a spring that is not much better. Despite this (and weather does affect real estate sales), sales, volume, and median price have held up well. Following is a summary of the last 5 years:
| YEAR | NO. OF SALES | VOLUME (in millions) | MEDIAN PRICE |
| 2010 | 145 | $22.8 | $113,000 |
| 2011 | 146 | $28.8 | $125,000 |
| 2012 | 200 | $31.6 | $123,250 |
| 2013 | 175 | $31.3 | $120,000 |
| 2014 | 172 | $30.5 | $125,000 |
Relatively stable comparing 2013 to 2014 with a nice 4% bump in median price for year to date values.
Over the next few months as more meaningful data is compiled, we will get deeper into the various property types and how they are performing. As of today, we see no major issues with residential, vacant land, condominiums or commercial properties. Activity for each category appears normal for this time of year.
ERA Starr Realty again leads the MLS in number of transactions to date. We have participated in 55 sales through April. The second leading office checks in with 32 transactions.
Our goal here at ERA Starr Realty is to serve our customers and clients with precise knowledge of the market. This helps us help you in fulfilling all your real estate needs in the most expedient manner. Contact one of our agents: We are “Always there for You!”
Until next time,
Dennis J. Starr
Realtor Emeritus
