Wisconsin Housing Statistics – Wisconsin REALTORS® Association.
Above is a terrific link to an interactive map showing housing statistics from our friends at the Wisconsin REALTORS Association.
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Wisconsin Housing Statistics – Wisconsin REALTORS® Association
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Minocqua, Eagle River Home Sales By Market Segment
I have thought that the market was improving in certain markets and not doing very well in other markets. I decided to take a more objective look this week and break down sales by price range. What I found was interesting and more positive than I thought. I broke down the market into logical increments and measured the last 12 months unit sales vs. the previous 12 months from 2012. So we are keeping the time periods the same; May 15, 2012 to May 15, 2013, etc.
Each price range showed improvement. I believed that the higher markets were not going to show improvement but I was proven wrong. The improvement was as follows:
$0 to $100,000 21.5%
$100K to $200K 25.8%
$200K to $300K 7.9%
$300K to $400K 14.2%
$400K to $500K 21.2%
$500K to $600K 47.6%
$600K to $750K 66.6%
$750K and up 31.8%
When we get over $400,000, the sample size is so small as to be statistically insignificant. It is difficult to come away with accurate conclusions. However, the trend is positive. We have slowed down a bit in the past two months. Clearly the 10 months previous have seen market growth and that is a good thing for Northwoods’ home owners.
The weather has finally turned. Ice left my lake May 7 and I believe all lakes are ice free now. One can still see piles of snow even in the 70 degree weather! The forecast is quite good so it appears that we will have no spring this year. The term I have heard used locally was “Sprinter”; a kind of cruel spring/winter combination.
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