Sell vs. List % Vilas County 2017 Home Sales

Vilas County Sell:List

Here is a look at the sell/list % for townships in Vilas County.  I broke it down by on water and off water and by township.  Overall, the average is 93.4%.  One can see that there are differences between townships.  A township like Plum Lake (75%) has very few off-water sales (8) and the few that they had sold at a discount.  The neighboring township St. Germain had more sales (26) and they sold at over 98% of list.  An impressive performance.

The takeaway is that most sales do sell in the area of 93% of asking price.  Some sell for less; some for more.  A new, interesting strategy is listing at a ridiculously low price to entice a bidding war.  I did see a home listed using this strategy and it received over 17 offers.

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About northwoodsdeals

Jim Mulleady is the Broker for Coldwell Banker Mulleady REALTORS located in Eagle River, WI. Jim has a BS in Industrial Technology from UW Stout and an MBA - Marketing from DePaul University. Jim has over 20 years of marketing and sales experience.
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