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MLS 1900033
Listed 01/04/2021
Price $1,796,500

DOM 348
Expires 01/31/2022

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Market Stats for 53965

Market Conditions for 53965 - April 2024 | Bunbury & Associates®

April 2024

Market Conditions for 53965

Median Sale Price $280,000

UP 32.70% vs. Month Ago

Homes for Sale 70

UP 7.69% vs. Month Ago

Homes Sold 17

UP 30.76% vs. Month Ago

Avg Days on Market 132

UP 65.00% vs. Month Ago

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Median Sale Price

The median sale price for homes in April was $280,000. The median sales price for homes in April rose by $69,000 compared to last month. This represents a 32.7% increase from March. Compared to the same month last year, the median price of homes rose by $57,000 representing a 25.56% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale

The inventory of homes for sale rose by 5 in April to 70. This represents 7.69% increase from March when 65 homes were on the market. Compared to the same month last year when there were 48 homes for sale, the inventory of homes for sale has risen by 22 representing a 45.83% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold

The 17 homes sold in April was 4 more than in March. This represents a 30.76% increase in sales from March. Compared to the same month last year, the number of homes sold did not change 0, a 0% year-over-year .

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Avg Days on Market

The average days on market for a home sold in April (132) increased by 52 days compared to March. This represents a 65% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold increased by 71, a 116.39% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

The Sale/List Price Ratio of 95.31% in April rose by 1.14% compared to March and increased 0.31% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes

The number of homes listed in April (29) rose by 1 compared to March, a 3.57% change. Compared to April 2023, the number of new listings increased by 5, a 20.83% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price

The median list price in April was $275,000. The median list price for homes in April rose by $80,050 compared to last month. This represents a 41.06% increase from March. Compared to the same month last year, the median list price of homes increased $50,100 representing a 22.27% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.

Date/Time	Type
Tue Dec 12/21/2021 02:30 PM	SHOWING
Comments Feedback form submitted at Dec 22 2021 09:42 AM Is your buyer considering a second showing? Maybe Are your buyers considering writing an offer on this property? Maybe Have your buyers made an offer on another property? No In your/your buyer's opinion, is this property priced too high, too low, or just right? Too High In your/your buyer's opinion, how well did this home compare to other properties shown? No Comment Buyer Name Dakota Johnson What did you/your buyers like most about this property? What did you/your buyers dislike or would change about this property?
Tue Oct 10/05/2021 01:00 PM	SHOWING
Fri Jul 07/02/2021 03:30 PM	SHOWING
Mon Jun 06/14/2021 03:00 PM	SHOWING
Comments Feedback form submitted at Jun 15 2021 09:54 AM Is your buyer considering a second showing? Yes - Yes he is very interested Are your buyers considering writing an offer on this property? Yes - Yes, but he is doing some due diligence Have your buyers made an offer on another property? No - They do own several others In your/your buyer's opinion, is this property priced too high, too low, or just right? Too High - He is thinking closer to 1.5 million I believe In your/your buyer's opinion, how well did this home compare to other properties shown? Good - Very good actually Buyer Name Alex Berginske What did you/your buyers like most about this property? Overall Condition and Location What did you/your buyers dislike or would change about this property? The J-1 are a blessing and a curse for this buyer. Rents are strong but he feels with J-1's as tenants he may need to be there everyday.
Tue Feb 02/23/2021 04:00 PM	SHOWING

Date/Time	Type
Fri Jun 06/11/2021 01:30 PM	SHOWING

Listing Activity Report

Prepared for

Tuesday, May 07 2024

Web Detail Views

Active Showings (5)

Cancelled Showings (1)