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July Real Estate Report

August 23, 2022 at 3:07 pm mblagg1
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The real estate market in Brown County remained strong in July 2022.  According to data provided by the Heartland Association of Realtors, there were 58 closed sales in July, an increase of 45.0% versus July 2021.  The median sales price was $170,000, down 9.90% year-over-year, but the median price per square foot was down only 0.4%.

Sales were quick in July, with an average “Days on Market” of only 19 days, eleven days fewer than July 2021.  Total days on market, including “Days to Close,” was only 54 days, seventeen days fewer year over year.

Other data provided:

*** Active listings:  118, up 10.3%

*** Median Home Size Sold:  1597 square feet

*** Median Year Built:  1977

*** Ratio closing price / original list price:  96.2%

*** Price distribution:  < $100,000 – 12.3%

$100,000 – $199,999 – 47.4%

$200,000 – $299,999 – 17.5%

> $300,000 – 22.8%

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