December 2009 Green County Market Report

Time for another monthly report on the Green County, Wisconsin real estate market.

Regarding the number of single family homes that sold in Green County in December of 2009:

• 21 homes sold in December of 2009,
• The homes were on the market for an average of 141 days,
  
• The average sale price was $142,750,
  
• The median sale price was $140,000,
  
• The highest priced property sold was $250,000,
  
• The lowest priced property sold was $49,900.

Volume-wise, this is a huge improvement from December of 2008:

• 12 homes sold in December of 2008,
• The homes were on the market for an average of 95 days,
• The average sale price was $138,585,
  
• The median sale price was $123,200,
  
• The highest priced property sold was $264,000,
  
• The lowest priced property sold was $58,425.

Historically, December is a very slow month for real estate sales, especially single family homes. I had to go back to 2005, the height of the real estate boom, to find a month where more homes sold in a December. so it is very interesting to see this many homes selling last month. Interestingly, the median home price sold in December of 2005 was $141,000, almost the same as last month too.

Coming on the heels of the November home sales holding steady, I am very heartened by the December statistics. I hope that the January sales are in this same vein.