Residential Inland Home sales comprise the vast majority of activity in the Door-Kewaunee MLS system. Last year a total of 477 homes out of 1070 total sales were recorded in the MLS. That’s almost 45% of all sales. The second most active category of sold properties was Vacant Inland with 183 sales or 17% of total sales.
We are well into the third year of very strong activity in Door and Kewaunee Counties. Now is the time to look at the last 3 years of residential home sales for the main markets in our region through the first 6 months of each year:
| AREA | 2018 | 2017 | 2016 |
| Gills Rock to Egg Harbor | |||
| No. of Sales | 71 | 91 | 47 |
| Median Price | $235,000 | $244,000 | $210,000 |
| Sturgeon Bay Area | |||
| No. of Sales | 78 | 75 | 64 |
| Median Price | $162,200 | $137,000 | $148,375 |
| Southern Door County | |||
| No. of Sales | 31 | 32 | 32 |
| Median Price | $144,000 | $157,200 | $163,000 |
| Kewaunee County | |||
| No. of Sales | 59 | 59 | 51 |
| Median Price | $139,000 | $130,000 | $143,000 |
It’s difficult to pinpoint a definitive, consistent trend for any of the areas analyzed. Information over a whole year would be of greater value. Additionally, there is no way to factor in the effect of inventory limitations. With 3+ years of strong activity, there is a definite shortage of homes for sale in all areas. There are also economic factors that can greatly affect home prices. However, we can say all markets are strong with indications that they will stay that way in the foreseeable future.
ERA Starr Realty can help with any of your real estate needs. Give us a call, we are: “Always There For You”!
