Sunlit Realty | By Owner Blog

New Listing In Johnson Creek

Wonderful 2.5 Acre Estate, Room to Roam, Close to Everything!

See http://easymls.vflyer.com/home/flyer/home/3168498

NEW LISTING

Great Rock Lake Home!
See details here - http://easymls.vflyer.com/home/flyer/home/3155860

Dodge County Market Update - Nov. 30, 2009

Single Family Housing

527 - properties currently for sale

$189,255 – average list/asking price of currently active properties

67 - properties listed for sale since Nov. 1, 2009

39 - properties sold since Nov. 1, 2009

$98,823 – average sold price for properties sold so far in Nov.

$104,848 – average list/asking price of properties sold so in Nov.

96 – average days on market for properties sold in Nov.

$182,510 – average list/asking price of properties listed in Nov. and not sold yet

Source: South Central Wisconsin Multiple Listing Service (SCWMLS)

Note: The MetroMLS, based in Milwaukee, also maintains a database of real estate listings in Dodge County. The information in the MetroMLS and the SCWMLS is somewhat different. Most properties get listed in both systems, but not all, and it is fairly difficult to separate out the solo listings. So, the statistics above are not complete, as the SCWMLS does not include every property listed for sale in Dodge county (nor does the MetroMLS). Further, “by owner” sales are not included in either MLS. Therefore, the data above does not reflect all real estate activity in this market, but the numbers are a good sample of local market activity.

Dodge County Jan. to Oct. 2009

Sold and Active Residential Listings (including condos)

January - October: 2009, 2008 and 2007

New Listings:  2009 (1,004); 2008 (1,105); 2007 (1,157)

Sales:  2009 (452); 2008 (425); 2007 (538)

Average Sale Price:  2009 (31,509); 2008 (149,888); 2007 (156,807)

Median Sale Price:  2009 (117,000); 2008 (131,000); 2007 (134,900)

Total Active at end of period:  2009 (575); 2008 (633); 2007 (622)

Source: South Central Wisconsin Multiple Listing Service (SCWMLS)

Note: The MetroMLS, based in Milwaukee, also maintains a database of real estate listings in Dodge County. The information in the MetroMLS and the SCWMLS is somewhat different. Most properties get listed in both systems, but not all, and it is fairly difficult to separate out the solo listings. So, the statistics above are not complete, as the SCWMLS does not include every property listed for sale in Dodge county (nor does the MetroMLS). Further, “by owner” sales are not included in either MLS. Therefore, the data above does not reflect all real estate activity in this market, but the numbers are a good sample of local market activity.

Home Selling Tip #3

Give buyers time and space to look around.

Once you have prepared your home for showings it is a good idea to let potential buyers walk freely around your home. Let them see everything they want to see without you looking over their shoulders. 

Give them their space, especially if they are working with an agent. Also make sure to secure or hide your jewelry, money, medications and other valuables. And be aware that some buyers may want to take photos.

City of Watertown Market Update

Single Family Housing

125 - properties currently for sale

193 - properties listed for sale since Jan. 1, 2009

87 - properties sold since Jan. 1, 2009

$177,384 – average list/asking price of all currently active properties

$123,129 – average list/asking price of currently active 0-2 bedroom properties (19)

$180,002 – average list/asking price of currently active 3 bedroom properties (95)

$213,668 – average list/asking price of currently active 4+ bedroom properties (28)

134 – average days on market for properties currently for sale

$136,884 – average sold price for all properties sold so far this year (includes some bank-owned and short sales)

$140,137 – average sold price for 3 bedroom properties sold so far this year

$143,184 – average list/asking price of all properties sold so far this year (includes some bank-owned and short sale listings)

115 – average days on market for sold properties

$188,552 – average list/asking price of properties listed this year and not sold yet

Source: South Central Wisconsin Multiple Listing Service (SCWMLS)

Note: The MetroMLS, based in Milwaukee, also maintains a database of real estate listings in Jefferson County. The information in the MetroMLS and the SCWMLS is somewhat different. Most properties get listed in both systems, but not all, and it is difficult to separate out the solo listings. So, the statistics above are not complete, as the SCWMLS does not include every property listed for sale in Dodge county (nor does the MetroMLS). Further, “by owner” sales are not included in either MLS. The numbers above are, however, a good sample of local market activity. 

Tips for First-Time Home Buyers

Here's a good article about smart ways to approach a first-time home purchase, from today's New York Times "Your Money" column by Ron Lieber.  See 7 New Rules for First-Time Home Buyers

Real Estate Market Bottom Within Sight

Wisconsin is one state where the bottom of the real estate market may be in sight, according to recent sales figures. See full article here: Housing Predictor.com