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Real Estate Sales Down, Prices Up in April

May 10, 2024 at 10:24 am Updated: May 10th, 2024 at 11:15 am mblagg1
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Real estate prices in Brown County were strong in April, but the number of sales was down, compared to April 2023.  That information and more data was released this week by the Heartland Association of Realtors.  Details below:

Closed Sales:  31 – (down 24.4% vs. April 2023)

Median Sales Price:  $254,500 – (up 23.0%)

Median Price per Square Foot:  $158.05 – (up 22.8%)

Active Listings:  203 – (up 53.8%)

Months of Inventory:  5.8 – (3.4 months in April 2023)

Days on Market:  57 – (15 days less than April 2023)

Days to Close:  36 – (3 days more)

Total Days:  93 – (12 days less than April 2023)

Median House Size:  1,843 square feet

Median Year Built:  2006

Closing Price/Original Listing Price:  94.8%

Sales Price Distribution:

less than $100,000:  -0-

$100,000 – 199,999:  35.5%

$200,000 – 299,999:  22.6%

$300,000 – 399,999:  19.4%

$400,000 – 499,999:  9.7%

$500,000 and above:  12.9%

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