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Dodge County Market Update - April 2010

Single Family Housing

536 - properties currently for sale (53% are 3-bedroom homes)

$196,061 – average list/asking price of currently active properties

373 - properties listed for sale since Jan. 1, 2010

135 - properties sold since Jan. 1, 2010

$109,971 – average sold price for properties sold so far this year

$116,666 – average list/asking price of properties sold so far this year

127 – average days on market for sold properties

$165,384 – 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 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.

Dodge Co. Market Update

September 4, 2009

Single Family Housing

578 - properties currently for sale (53% are 3-bedroom homes)

$190,289 – average list/asking price of currently active properties

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

326 - properties sold since Jan. 1, 2009

$132,823 – average sold price for properties sold so far this year

$140,591 – average list/asking price of properties sold so far this year

130 – average days on market for sold properties

$199,118 – 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 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 3 Bedroom Homes

August 11, 2009

303 – number of 3 bedroom homes currently sale

$178,673 – average list price of 3 bedroom homes currently for sale

162 – number of 3 bedroom homes sold so far this year

$127,804 – average sale price

134 – average days on the market for sold homes

$182,293 – average list price for unsold 3 bedroom homes

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. Also, the average sale prices noted above likely include some short sales and foreclosures, which typically sell for less than market value. All-in-all the numbers above are, however, a good sample of local market activity. 

Dodge County Single Family Home Sales by Municipality - Jan 1 to Aug. 3, 2009

Beaver Dam (City) - 101 sold

Beaver Dam (Town) - 7 sold

Fox Lake (City) – 12 sold

Fox Lake (Town) – 10 sold

Horicon (City) – 15 sold

Juneau (City) – 13 sold

Mayville (City) – 17 sold

Portland (Town) – 5 sold

Watertown (City) – 28 sold

Waupun (City) – 18 sold

Westford (Town) – 6 sold

Source: South Central Wisconsin Multiple Listing Service (SCWMLS)

Note: The sales figures above are incomplete. They only include sales of single family houses listed in the SCWMLS, and I have only listed municipalities with 5 or more sales. Dodge County is covered by 3 separate Multiple Listing Services, and none of these individual MLS’s has complete sales and listing data for the county. In addition, there are always a fair number or by-owner sales in each community that are not reported on any MLS system. So, the actual total sales figures for each community are almost certainly much higher than the numbers listed above. Nevertheless, the SCWMLS sales numbers provide a good general sense of sales activity in a number of Dodge County communities.

Dodge County Market Update - August 3, 2009

Dodge County Market Update – August 3, 2009

Single Family Housing

574 - properties currently for sale (52% are 3-bedroom homes)

$189,460 – average list/asking price of currently active properties

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

268 - properties sold since Jan. 1, 2009

$131,148 – average sold price for properties sold so far this year

$138,188 – average list/asking price of properties sold so far this year

133 – average days on market for sold properties

$202,107 – 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 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. The numbers above are, however, a very good sample of local market activity.

Dodge County Market Update - June, 26, 2009

Dodge County Market Statistics

Single Family Housing

559 - properties currently for sale

$189,685 – average list/asking price of currently active properties

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

213 - properties sold since Jan. 1, 2009

$130,228 – average sold price for properties sold so far this year

$138,106 – average list/asking price of properties sold so far this year

143 – average days on market for sold properties

$204,380 – 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 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. The numbers above are, however, a very good sample of local market activity.