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June Real Estate Report

July 12, 2023 at 5:03 pm mblagg1
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home-for-sale-real-estate-sign-and-beautiful-new-house-3

The Heartland Association of Realtors has released statistics for real estate sales in Brown County for the month of June 2023.  The number of sales was down versus June 2022, but the prices were up.  Details below.

Closed Sales:  39 (down 17.0% vs. June 2022)

Median Sales Price:  $175,500 (up 5.1%)

Median Price per Square Foot:  $118.21 (up 4.1%)

Median Home Size Sold: 1,722 square feet

Median Year Built:  1984

Closing Price/Original List Price:  89.1%

Active Listings: 172 (up 50.9%)

Months of Inventory: 4.5 (up 1.6 months)

Days on Market:  78 (up 23 days)

Days to Close:  33 (down 8 days)

Total Days:  111 (up 15 days)

Distribution of Sales Prices:

< $100,000:  18.4% of sales

$100,000 – $199,999:  36.8% of sales

$200,000 – $299,999:  13.2% of sales

$300,000 – $399,999:  10.5% of sales

$400,000 – $499,999: 10.5% of sales

$500,000 or more:  10.6% of sales

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