Wisdom and South Central Wisconsin Real Estate information

Posts tagged ‘selling a home’

Some Great Deals Have Popped up on Larger 2 Stories in Sun Prairie

The market in the city of Sun Prairie for 2 story homes between 1,900 and 2,800 sq. ft. above grade with finished basements between 8 and 35 years of age there is 9 months of inventory. The average sale price was $282,193 and the median sale price was $283,000. The average list price is $298,117 and the median list price is $299,000. The average days on market is 119 and the median days on market was 66 days. The odds of selling a home in this market is 11%. Sales ranged from $210,000 to $388,500 and current active listings range from $207,500 to $459,900.  Some of these homes were heavily discounted and produced instant equity. If you are thinking of selling you will have to price it competitively. If you are thinking of flipping, it may be a good market to check out for deals with a possible return.

Lodi 1 story homes market

In the market for single story homes (ranch, multi level, split entry) between 1,000 and 1,800 sq. ft. under 25 years of age the median list price is $220,000 and the average list price is $217,256. The average sale price is $207,961 and the median sale price is $215,000. There is 10 months of inventory in Lodi and sales have declined with a drop over the winter months. 43% of sales of similar properties have been bank owned. All bank owned inventory has been sold. The odds of selling a home in the first month is 10%. If you are thinking of selling get ready for the spring market. Very competitively priced homes and discounted properties are selling the quickest.

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