January 2010 Green County Market Report

Another month has ended, so it is time for monthly report on the Green County, Wisconsin real estate market.

Regarding the number of single family homes that sold in Green County in January of 2010:

• 15 homes sold in January of 2010,
• The homes were on the market for an average of 126 days,
  
• The average sale price was $153,993,
  
• The median sale price was $122,000,
  
• The highest priced property sold was $333,500,
  
• The lowest priced property sold was $19,500.

Things are still looking better than they did in January of 2009:

• 11 homes sold in January of 2009,
• The homes were on the market for an average of 124 days,
• The average sale price was $128,036,
  
• The median sale price was $117,500,
  
• The highest priced property sold was $264,900,
  
• The lowest priced property sold was $9,500.

One of the most promising things I see in looking at the homes that sold was they were in a large variety of price ranges. Yes, six of them were under $100K, but many of our homes in the area are in that price range. There were homes that sold in almost every single price bracket in our realtor data base up to $350,000 instead of a bunch of starter homes and just one or two higher end homes. Considering the abundant inventory in higher end homes in the area, it is excellent to see these starting to move again.

Three months in a row of positive numbers. This is great to see!