Wisdom and South Central Wisconsin Real Estate information

Posts tagged ‘mcfarland farmette’

Farmettes in east Dane County

English: Looking west at East Bristol, Wiscons...
Image via Wikipedia

Property values in the area appear to be stable. With the criteria of 2 story homes over 45 years of age between 1,600 and 2,500 sq. ft.on a lot between 1 and 10 acres there is 34 months of inventory in eastern Dane County. Sales range from $145,000 to $288,900 and listings range from $129,900 to $500,000. The average list price is $259,339 and the median list price is $239,900. The average sale price is $209,750 and the median sale price is $195,000. The odds of selling in the 1st month are 5%. The odds of selling in the first month if listed below $200,000 is 5%. The odds of selling in the 1st month if listed below $180,000 is 25%. Very competitively priced homes and discounted properties are selling the quickest. Current interest rates have minimized buydowns and concessions and most homes in the area sell with conventional financing. Marketing exposure time for the subject as derived from the MLS and historical data is estimated to be 3 to 6 months.

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