And you thought the weather was hot in July! Well, the real estate market in the Door-Kewaunee area was just as hot….in fact, we have not had this kind of activity since the “glory days” of 2005 and 2006!
You have to go back to 2005 to find the kind of July sales and volume numbers we show here in 2015. The numbers do not lie. Here are the facts:
| YEAR | 2006 | 2015 |
| Number of Sales | 93 | 94 |
| Volume | $18.3 million | $19.1 million |
| Median Price | $147,900 | $147,500 |
As impressive as these numbers are, we have to remember this is just one month. Following are the comparative numbers for Year-To-Date sales:
| YEAR | 2006 | 2015 |
| Number of Sales | 585 | 474 |
| Volume | $128.3 million | $98.8 million |
| Median Price | $152,500 | $145,000 |
It appears to me we are well on the right track for a healthy recovery.
For us here at ERA Starr Realty, we are very excited that we played a large part in the July activity. We were involved in over 20% of the sales for the month while the second most active office claimed just over 11% of the business. We feel our constant vigilance of market factors keeps us on top of trends and allows us to better serve our customers and clients. At ERA Starr Realty we are…“Always there for you”.
