November is a good month for a “Short and Sweet” report on the real estate activity in the Door-Kewaunee market.
With year-end, full year information available in just one month, there will be much more meaningful information available to more readily review the market. One month in a rather small market like Door-Kewaunee never supplies enough data to make any bold prediction of just where the market is or is heading.
It’s good to report that November continues a string of very strong months thus far in 2015. With 63 sales in the MLS totaling $13.1 million in volume, November 2015 exceeded the 47 sales and $12.1 million numbers for 2014.
Those 63 sales generated a median price of $166,000. The 2014 year end median price checked in at $141,600. Year-to-date median price through November 2015 is $148,000.
Thus far this year we have experienced a 4.5% increase in property values.
ERA Starr Realty continues to lead the market in number of properties sold, showing a total number of listings sold year-to-date at 150. The second leading office has recorded 94 sales. Our experienced team of professionals pride themselves in customer service and overall knowledge of market conditions. We are: “Always there for You”.
Have a joyful and meaningful Holiday Season!!!