The Facts of the Housing Market in Kenosha
First Quarter
Ask any real estate agent whether it’s a great time to buy or sell, and they’ll almost always respond, “Of course!” Instead of offering my opinion, here are the numbers:
In the past month, the number of single family homes on the market hovered around 166 Single Family Homes, which led to a real need for Sellers to step up to the plate. Prices averaged between $150,000 – $172,000 and days on market stayed at 74 DOM.
The numbers were the same for Condominiums – their prices averaged between $140,000 – $165,0000, with days on market around 110 DOM as fewer properties came to market.
Now, what does that all mean? In general, it means that it’s a seller’s market for single family homes. Sellers still control the prices and days on market, and that will only change if more Listings enter the market. It is the same story for Condominiums … there it’s a Seller’s market, with Sellers currently more in control.
Ultimately, real estate is personal. If you’d like to talk about your needs, I’m happy to give you the facts and what those trends might mean for you. You can reach me at (262) 308-3563 or visit my website: http://www.1Month.com.
