January and February Green Cty Wi Real Estate Market report

I realized today that it has been a while since we did a comparative market report for the Green County, WI area:

• 45 homes sold though the MLS in January and February of 2011,
• The homes were on the market for an average of 102 days,
  
• The average sale price was $116,028,
  
• The median sale price was $109,900,
  
• The highest priced property sold was $363,587,
  
• The lowest priced property sold was $10,000.

Let's compare with January and February of 2010:

• 21 homes sold through the MLS in January and February of 2010,
• The homes were on the market for an average of 141 days,
• The average sale price was $158,385,
• The median sale price was $129,900,
  
• The highest priced property sold was $333,500,
  
• The lowest priced property sold was $57,500.

Our interpretation of these numbers? The average and median home prices have dropped due to the larger number of less expensive foreclosure homes that have been moving. 22 of these 45 homes sold in January and February were under $99,999.

These numbers also mesh very well with what we have been seeing personally in the real estate market so far this year - things are starting to move again. This is not only true for single family homes. When we look at commercial properties, 4 sold through the MLS in January-February of this year, but only 1 in the same time last year. 3 parcels of vacant land sold this year compared to one last year; 3 multi-family properties have sold this year compared to none last year. The only class that sold better last year was condos: 1 this year compared to 4 last year.

Taking a look at the future, there are 17 single family properties currently pending sale in the MLS. That means that all contingencies have been removed and the parties are just waiting for the closing date. 22 single family homes are also listed as having an offer that still has contingencies. We like seeing those kinds of number in Green County again.

Let's keep real estate recovery going here in Cheese Country.

Property of the Week

This week's featured property is four bedroom home near Cadiz Springs.
Your own oasis! Find absolutely privacy just minutes from town with this 40 acre retreat with a Swiss Chalet home. Perched on the side the hill overlooking Skinner Creek, this property features 20 acres of pristine woodland and 2o acres of flat pasture bordering the creek.
Rare and familiar wildlife is in abundance: eagles, sandhill cranes, turkey, deer, towering oaks, wild orchids, private orchard, native grasses, rare pines, limestone bluffs.

The open floor plan home features an expansive great room with soaring ceiling, Douglas Fir beams, and expansive views across the woods and valley. There are two fireplaces, one in the living room and one in the lower level master suite. Four full bedrooms include a master suite with patio doors and attached private parlor. Both the kitchen and the bathrooms have been renovated; lower level bath features cedar plank walls, jetted tub and oversized tiled shower. Multi-level decks wrap around the home.

This property is so unique. Land like this does not come on the market often, and the home shows the quality throughout in the details.

Property of the Week

This week's featured property is a brick home in Monroe.


They don't make homes like this anymore! This home is classic perfection inside and out.

A full brick Colonial, this home has 4-7 bedrooms. There are three main floor rooms with closets can be bedrooms if you need the space for a large family. Otherwise, use them like the current owner: home office, family television room, toy room. The master bedroom is truly a retreat from it all. There is a private balcony patio, a tiled bathroom with soaking tub, an alcove waiting for a chaise lounge and a truly enormous 11x9' walk-in closet.

There are oak floors throughout the home, and the original woodwork is beautifully maintained. In the living room, enjoy the stone fireplace with cherry mantle.

The retreat feel continues as you step outside. The fabulous 3 season porch lets you enjoy the view of the landscaped yard even when the rain falls or the mercury dips. It opens to patio and deck that are the ideal place for entertaining in pleasant weather.

Come see this one of kind, classic quality executive home today. Call Brenda or Luis at 214-5796 to set up a showing.

Property of the Week

Quality, location and style - this 3 bedroom tri-level has it all! Start with the location, a great spot near the golf course and schools. The backyard is private and quiet, a country feel while having all the town amenities. The landscaping was redone this spring to open up the yard while adding areas for shrubs and flowers. The entire yard has been fenced in with high quality materials: coated steel in the front, vinyl privacy on the side and heavy vinyl coated chain in the rear. Newer steel siding means that you won't need to plan for expense for many, many years.

Walk inside, and you will continue notice the quality. Large stone fireplaces with oak mantles, new oak trim through the entire home, Techline shelving, heavy duty laminate in the kitchen, tile floored entrance...the list keeps going. The comfortable, open floor plan flows easily from living room to kitchen and dining to the bright, south facing sunroom. There are two fireplaces on the main floor, one in the living room and one in the kitchen. Upstairs, there are two bathrooms including an en suite master bath. The master bedroom also has an attached three season porch and closets with Techline shelving.

On the lower level of the property, there is a large family room with more Techline shelving and a gas stove. The laundry room also has lots of storage with the shelving, and there is another separate storage room as well. The homeowner is including a home warranty for your peace of mind. Many updates have been done just this spring, so come take a good look at this one!

Property of the Week

This week's featured property is a 3 bedroom home on 40 acres.


Not a drive-by! Designed by an award winning local architect, this artisan built home overlooking a private valley on 40 acres lies tucked behind 10 greenhouses.

The three bedroom, three bathroom home is filled with light, built-in storage, quality details, and natural woods. A two story atrium overlooks organically maintained valley - nature lover's paradise! Quality abounds in the details in this home from the variety of natural and rare woods used to the construction details like 12 gauge wire in the entire home or the solid red elm siding.


Paradise awaits outdoors. A hot tub sits within steps of the house and overlooks the entire valley. There is a cleverly created outdoor amphitheater that has is ideal for concerts or performance art. Host gatherings and spend time at the large fire pit. This is a perfect retreat, available fully furnished. With private entrances to the main house, two bedrooms and the lower level, this home would be ideal for a bed and breakfast or for housing a home business.

Ten greenhouses sit between the house and the road. These are part of the current owner's herb business. Take over this turnkey business and start your own work at home adventure. Combined with the natural land and over 180 berry plants to establish a CSA, small vineyard or market gardener. This property is ideal for any hobby horticulturist. Rare plants, over 350 species of herbs and established grapevines dot the landscapes.

A second building site with separate septic, electrical and driveway are also on the property. This is presently the site of a concrete pad with a mobile home. This is currently leased to a caretaker in exchange for property management and greenhouse assistance.

This is a rare opportunity to own a unique home and parcel of land within minutes of Monroe. Do not be fooled by driving by - this one is a true gem.

Property of the Week

This week's featured property is a split-level ranch in Monroe.

Bring the family home! This comfortable split level home located on a quiet street has all you need. 3 bedrooms, main floor laundry, living room with fireplace, family room, refinished wood floors, generous storage area, 2 car attached garage, spacious eat-in kitchen, bright rooms filled with natural lightening. The landscaped yard has plenty of room for kids, grandkids, pets or more gardens.

Property of the Week

This week's featured property is a split-level ranch in Monroe.

Bring the family home! This comfortable split level home located on a quiet street has all you need. 3 bedrooms, main floor laundry, living room with fireplace, family room, refinished wood floors, generous storage area, 2 car attached garage, spacious eat-in kitchen, bright rooms filled with natural lightening. The landscaped yard has plenty of room for kids, grandkids, pets or more gardens.

Property of the Week

This week's featured property is a brick home in Monroe.


They don't make homes like this anymore! This home is classic perfection inside and out.

A full brick Colonial, this home has 4-7 bedrooms. There are three main floor rooms with closets can be bedrooms if you need the space for a large family. Otherwise, use them like the current owner: home office, family television room, toy room. The master bedroom is truly a retreat from it all. There is a private balcony patio, a tiled bathroom with soaking tub, an alcove waiting for a chaise lounge and a truly enormous 11x9' walk-in closet.

There are oak floors throughout the home, and the original woodwork is beautifully maintained. In the living room, enjoy the stone fireplace with cherry mantle.

The retreat feel continues as you step outside. The fabulous 3 season porch lets you enjoy the view of the landscaped yard even when the rain falls or the mercury dips. It opens to patio and deck that are the ideal place for entertaining in pleasant weather.

Come see this one of kind, classic quality executive home today. Call Brenda or Luis at 214-5796 to set up a showing.

Property of the Week

This week's featured property is an executive home near Monroe.

Elegance just minutes from town. This refined home in a rural subdivision is country living at its best.

You will have endless options for entertaining with the open layout and large deck. The home office is perfect for a satellite office or managing the household. There are new solid surface counter tops, hardwood flooring, and appliances, plus mature landscaping and updated paint colors, making this high quality Will Pick home a better option than building new.

Enjoy the morning sunrises with your coffee in the office or end the day on the deck watching the sunset over the private valley. Walk in; come home.

Property of the Week

This week's featured property is an executive home near Monroe.


Elegance just minutes from town. This refined home in a rural subdivision is country living at its best. You will have endless options for entertaining with the open layout and large deck. The home office is perfect for a satellite office or managing the household. There are new solid surface counter tops, hardwood flooring, and appliances, plus mature landscaping and updated paint colors, making this high quality Will Pick home a better option than building new. Enjoy the morning sunrises with your coffee in the office or end the day on the deck watching the sunset over the private valley. Walk in; come home.

Property of the Week

This week's featured property is a three bedroom bungalow in Monroe.


Traditional home with all the updates! If you love the grace and charm of an older home, but worry about updating one, look no further. This 3 bedroom home has the gorgeous woodwork and details of yesteryear, but everything has been updated or redone in the last ten years: roof, Energy Star furnace, high efficiency central air, vinyl siding, energy efficient windows & more.

You'll have plenty of room for your family in the 1800+ square foot home. The eat in kitchen transitions to a light-filled sunroom, perfect for enjoying a winter morning. The formal dining room has the built-in hutch that adds so much charm to homes of this era. The formal living room is expanded by a a clever under-staircase nook. Upstairs, you will find a spacious loft waiting to be your home office, media room, or family room. The master bedroom suite is also upstairs with an attached half bath and large walk-in closet. There are two more bedrooms downstairs. The main floor is also where you will find the laundry room, a space large enough to be used for sewing and crafts as well.

Privacy abounds in the yard, filled with an array of perennials in the flower beds. You are sure to spend many weekends, grilling out or enjoying the large patio with nearby fire pit with music in the background from the built-in sound system.

The garage simply must be seen to be believed. The two car attached garage is oversized with built in shelving for storage and a workshop area. It is insulated with hot and cold running water, floor drain, stereo sound and a wall-mounted television. The one car detached garage will fit an SUV, perfect for parking that third vehicle or storing that boat, ATV or a passel of bikes.

Don't miss this jewel of a home!

Property of the Week

This week's featured property is a Cape Cod home in Monroe.


This adorable Cape Cod in excellent condition is waiting for you!

Clean and bright, this home has 4 bedrooms with gable nooks, 1.5 bathrooms, hardwood floors, an eat-in kitchen, dining room and a spacious living room.

The newer roof, Energy Star furnace, central air and water heater means all you need to do is bring in your furniture and start living. Great location by hospital, a garage and a nice yard to boot. Home warranty included for your peace of mind.

Don't miss this one!

Property of the Week

Time to move on up? Here is the perfect home for a growing family. Expand your living space with the finished lower level family room and wet bar or move outdoors to enjoy the 24x18' cement patio with 6' privacy fence and the yard. This 3 bedroom ranch has had updates to kitchen and bathroom, plus the Energy Star furnace, air conditioner and water heater are all just 5 years old. Come take a look today!

June 2010 Green Cty Wi Real Estate Market report

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

• 29 homes sold in June of 2010,
• The homes were on the market for an average of 106 days,
  
• The average sale price was $143,386,
  
• The median sale price was $128,000,
  
• The highest priced property sold was $322,000,
  
• The lowest priced property sold was $27,000.

Let's compare with June of 2009:

• 32 homes sold in June of 2009,
• The homes were on the market for an average of 159 days,
• The average sale price was $148,459,
• The median sale price was $140,957,
  
• The highest priced property sold was $375,900,
  
• The lowest priced property sold was $43,000.

Many of the numbers are holding steady against this month last year, but it is great to see that the average days on market is significantly lower again.

Six homes in the over $200,000 price range sold last month. Considering how hard this price range was hit during the last year and a half, it is good to see some signs of life in the higher priced market.

Open House

Stop in between 5 and 7 pm this evening to view this lovely home at 1610 16th Ave in Monroe.

Traditional home with all the updates! If you love the grace and charm of an older home, but worry about updating one, look no further. This 3 bedroom home has the gorgeous woodwork and details of yesteryear, but everything has been updated or redone in the last ten years: roof, Energy Star furnace, high efficiency central air, vinyl siding, energy efficient windows & more.

You'll have plenty of room for your family in the 1800+ square foot home. The eat in kitchen transitions to a light-filled sunroom, perfect for enjoying a winter morning. The formal dining room has the built-in hutch that adds so much charm to homes of this era. The formal living room is expanded by a a clever under-staircase nook. Upstairs, you will find a spacious loft waiting to be your home office, media room, or family room. The master bedroom suite is also upstairs with an attached half bath and large walk-in closet. There are two more bedrooms downstairs. The main floor is also where you will find the laundry room, a space large enough to be used for sewing and crafts as well.

Privacy abounds in the yard, filled with an array of perennials in the flower beds. You are sure to spend many weekends, grilling out or enjoying the large patio with nearby fire pit with music in the background from the built-in sound system.

The garage simply must be seen to be believed. The two car attached garage is oversized with built in shelving for storage and a workshop area. It is insulated with hot and cold running water, floor drain, stereo sound and a wall-mounted television. The one car detached garage will fit an SUV, perfect for parking that third vehicle or storing that boat, ATV or a passel of bikes.

Don't miss this jewel of a home!

Property of the Week

This week's featured property is a brick home in Monroe.


They don't make homes like this anymore! This home is classic perfection inside and out.

A full brick Colonial, this home has 4-7 bedrooms. There are three main floor rooms with closets can be bedrooms if you need the space for a large family. Otherwise, use them like the current owner: home office, family television room, toy room. The master bedroom is truly a retreat from it all. There is a private balcony patio, a tiled bathroom with soaking tub, an alcove waiting for a chaise lounge and a truly enormous 11x9' walk-in closet.

There are oak floors throughout the home, and the original woodwork is beautifully maintained. In the living room, enjoy the stone fireplace with cherry mantle.

The retreat feel continues as you step outside. The fabulous 3 season porch lets you enjoy the view of the landscaped yard even when the rain falls or the mercury dips. It opens to patio and deck that are the ideal place for entertaining in pleasant weather.

Come see this one of kind, classic quality executive home today. Call Brenda or Luis at 214-5796 to set up a showing.

May Market Report for Green County, Wisconsin

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

• 37 homes sold in May of 2010,
• The homes were on the market for an average of 111 days,
  
• The average sale price was $150,139,
  
• The median sale price was $132,000,
  
• The highest priced property sold was $425,000,
  
• The lowest priced property sold was $20,000.

Let's compare with May of 2009:

• 33 homes sold in May of 2009,
• The homes were on the market for an average of 96 days,
• The average sale price was $157,000,
• The median sale price was $425,000,
  
• The highest priced property sold was $765,000,
  
• The lowest priced property sold was $75,000.

Two very expensive property sold in May of last year, and no very inexpensive homes sold in that month, which accounts for the very high average and median home prices. These are not normal numbers for our area.

Comparing the two years, it is great to see the number of single family homes sold still stable. Perhaps it is a little early to say that our real estate market has recovered, especially since our days on market are still high indicating a higher than average housing inventory, but we are certainly showing great signs of life again in the Green County area.

Property of the Week

This week's featured property is a three bedroom bungalow in Monroe.


Traditional home with all the updates! If you love the grace and charm of an older home, but worry about updating one, look no further. This 3 bedroom home has the gorgeous woodwork and details of yesteryear, but everything has been updated or redone in the last ten years: roof, Energy Star furnace, high efficiency central air, vinyl siding, energy efficient windows & more.

You'll have plenty of room for your family in the 1800+ square foot home. The eat in kitchen transitions to a light-filled sunroom, perfect for enjoying a winter morning. The formal dining room has the built-in hutch that adds so much charm to homes of this era. The formal living room is expanded by a a clever under-staircase nook. Upstairs, you will find a spacious loft waiting to be your home office, media room, or family room. The master bedroom suite is also upstairs with an attached half bath and large walk-in closet. There are two more bedrooms downstairs. The main floor is also where you will find the laundry room, a space large enough to be used for sewing and crafts as well.

Privacy abounds in the yard, filled with an array of perennials in the flower beds. You are sure to spend many weekends, grilling out or enjoying the large patio with nearby fire pit with music in the background from the built-in sound system.

The garage simply must be seen to be believed. The two car attached garage is oversized with built in shelving for storage and a workshop area. It is insulated with hot and cold running water, floor drain, stereo sound and a wall-mounted television. The one car detached garage will fit an SUV, perfect for parking that third vehicle or storing that boat, ATV or a passel of bikes.

Don't miss this jewel of a home!

Property of the Week

This week's featured property is a three bedroom home in Freeport

This is a great house for the price! The asking price is only $38,900!

This 3 bedroom home has gorgeous hardwood floors, huge living room with fireplace, eat in kitchen, formal dining room and a open staircase. There is over 1800 square feet of room in this large home.

Relax and enjoy evenings on the front porch with removable screen panels. Let the kids run in the fenced in back yard. This home is conveniently located to shopping and schools. Move in to a great home for your family.

The owner is a licensed real estate agent.

April 2010 Market Report

We knew that April was shaping up to be a great month for single family home sales here in Green County, but it ended up exceeding our expectations, to be honest!

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

• 50 homes sold in April of 2010,
• The homes were on the market for an average of 116 days,
  
• The average sale price was $131,080,
  
• The median sale price was $120,650,
  
• The highest priced property sold was $302,500,
  
• The lowest priced property sold was $5,500.

Let's compare with April of 2009:

• 18 homes sold in April of 2009,
• The homes were on the market for an average of 145 days,
• The average sale price was $140,824,
• The median sale price was $125,200,
  
• The highest priced property sold was $340,000,
  
• The lowest priced property sold was $24,235.

Clearly that first time home buyer's tax credit was working here. Sales were way up, and the number of classic first time buyer homes were certainly up too. 37 of those sold properties were priced under $150K. It is nice to see that the higher priced home market is moving a bit more as well. Five homes priced over $250K sold last month, which is a big change from a year ago when only two homes in this range sold. This higher priced range has been hit the hardest locally, with the largest price drops and the highest inventory counts. Seeing these homes starting to change hands with more regularity two months in a row is great.