Home Sale Statistics in Verona Wi March 2011

Real Estate Guy is happy to provide the following data for home sales in March 2011 for Verona Wi.

Home Sales were quite steady in March compared to a year ago, however the February sales were way down 66%.  

 ** Source Data from SCWMLS.

The Inventory on the market is down from a year ago.  

Here is an interesting point.   Median price for sold homes is $20,000 ;lower than a gear ago, Prices are 8% lower.  However the median price of homes that have not sold is $24,000 higher this year then last. 

There are a couple of spurious entries, and the final one is there is a 13 month supply of homes on the market.  13 means if would take 13 months at current rates of sales to sell out of homes, if no more came on the market.    Same from 2010.  We consider anything below 6 a sellers market, anything above is a buyers market 13 i strong buyers market. 

RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams.  In order to provide more specialized service, he created a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the State Realtor Conventions.

Get a chuckle. Watch Real  Estate Guy video. 30 seconds Search all area homes for sale Madison Wi