Wisdom and South Central Wisconsin Real Estate information

There have been some good prices to be had in older 2 story homes in the Deforest market to include all of Deforest, the neighboring villages of Windsor and Morrisonville. There is 24 months of inventory In Deforest and 19 months of inventory in the expanded market area. Homes older than 45 years of age, between 1,100 sq. ft. and 2,200 sq. ft. above grade, on sewered lots under 1 acre, were analyzed. The average sale price was $121,095 and the median sale price was $121,675. The average list price is $130,275 and the median list price is $129,875. The average days on market is 168 and the median days on market was 155 days. The odds of selling a home in this market in the 1st month is 5%. Sales ranged from $79,900 to $140,000 and current active listings range from $79,900 to $175,000. 20% of sales were REO properties and 25% of current listings are short sale offerings. There is currently no bank owned inventory. There was a slow down in sales over the winter months. Buyer activity has increased in the last few months.

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