Wisdom and South Central Wisconsin Real Estate information

Archive for the ‘Maple Bluff’ Category

WRA posts new report and sales and median homes sale price are up over last year with 21 months of sales growth.

Frank loyd wright

Frank loyd wright (Photo credit: Aikaterini Koutsi Marouda aka kotsifi)

The Wisconsin Realtors Association has released a new real estate market update.

Press Release and Report

MADISON, Wis. –Wisconsin existing home sales increased 3 percent in March, which is the 21st straight month of sales growth. Median prices grew 9.7 percent to $134,900 in March, compared to the same period last year, according to statistics released by the WRA. Sales during the first quarter were up 10.8 percent, and median prices rose 5 percent relative to the first quarter of 2012. 

Read the report at https://www.wra.org/HSRMARCH2013/



It has been a good year for real estate in Dane County this year

English: The Dr. Charles G. Crosse House in Su...

English: The Dr. Charles G. Crosse House in Sun Prairie, Wisconsin, a registered historic place. (Photo credit: Wikipedia)

It has been a good year for real estate in Dane County this year. Sales have increased 25% this year over the last year. Record low interest rates have helped to keep things moving along. Inventories have decreased and in some markets there is a shortage of homes. Over all prices have not increased and there is still a continual flow of bank owned inventory. Now is a great time to buy or invest. Most rental properties will easily cash flow. There has been a good stream of homes under $100,000 which would be good to purchase to rent and hold until the market picks up again as an investment. There is also plenty of opportunity to flip with returns as high as 50% possible. If you are looking to sell the odds of selling have increased greatly. Surrounding counties have also picked up. If you would like to see some stats click on Dave Stark’s news letter in the upper left blog roll and check out the most recent November news letter.

Maple Bluff is hot right now for larger vintage Colonials.

View of Duke of Gloucester Street in Colonial ...

View of Duke of Gloucester Street in Colonial Williamsburg. (Photo credit: Wikipedia)

Maple Bluff has shifted to a sellers market. If your looking to buy in Maple Bluff, inventories have been decreasing. In the market for older 2 story homes over 2,000 sq. ft.. There is 5 months of inventory. The average sale price  was $438,550 and the median sale price was $446,250. The average list price was $475,718 and the median list price was $495,000. The odds of selling a home in the 1st month is 22%, which is very good. There are still some deals to be had if your looking to move into the village and take advantage of all that Maple Bluff has to offer.

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