How does the housing market in Vilas County for 1st Quarter compare to 2007? Well, I certainly like to see how we're doing from year to year so I thought all of you consumers out there would like to know the same thing. If you happen to be thinking about selling or buying in 2008 I hope this information well help you. Remember, 1st Quarter is traditional a very slow period for housing in the Northwoods. The big indicator I think will be to compare the next couple of months with 2007. Stay tuned because I'll get you that information.
January 2008 Vilas County Sales - All Offices
Average Sale Price: $160,211 Average Days on the Market: 247
Total Cash Value (Residential): $4,328,637 Total Cash Value (Commercial): $317,500
Total Cash Value (Overall): $4,646,137 Units Sold: 29
January 2007 Vilas County Sales - All Offices
Average Sale Price: $215,369 Average Days on the Market: 212
Total Cash Value (Residential): $8,024,750 Total Cash Value (Commercial): $590,000
Total Cash Value (Overall): $8,614,750 Units Sold: 40
February 2008 Vilas County Sales - All Offices
Average Sale Price: $151,016 Average Days on the Market: 244
Total Cash Value (Residential): $3,307,700. Total Cash Value (Commercial): $316,700
Total Cash Value (Overall): $3,624,400 Units Sold: 24
February 2007 Vilas County Sales - All Offices
Average Sale Price: $161,320 Average Days on the Market: 220
Total Cash Value (Residential): $5,574,493 Total Cash Value (Commercial): $717,000
Total Cash Value (Overall): $6,291,493 Units Sold: 39
March 2008 Vilas County Sales - All Offices
Average Sale Price: $174,492 Average Days on Market: 250
Total Cash Value (Residential): $4,328,000 Total Cash Value (Commercial): $34,300
Total Cash Value (Overall): $4,362,300 Units Sold: 25
March 2007 Vilas County Sales - All Offices
Average Sale Price: $232,922 Average Days on Market: 267
Total Cash Value (Residential): $8,686,100 Total Cash Value (Commercial): $164,950
Total Cash Value (Overall): $8,851,050 Units Sold: 38
If anyone is interested in this information for Oneida, Price, Forest, Lincoln, Iron or Langlade Counties, please contact me and I would be happy to share it with you.
This information is deemed reliable from the Greater Northwoods Multiple Listing Service (The Northwoods REALTORâ)