Blog Archives

There’s no question 2016 was a great year for real estate in Wisconsin. Here’s a first look at the numbers. According to the Wisconsin Realtors Association (WRA) as of January 1 2017, the median home sale price in 2016 statewide was $165,000. This is a 5.8% increase over 2015. Roughly 81,000 houses sold in the Read More

August home sales in Verona definitely calmed from previous months. Although, as the kids start going back to school, it is pretty typical that the market begins to slow down a bit. Inventory also increased a bit to 4.5 months. Statistically this is leaning more towards a neutral market (though still in favor of the Read More

In July Verona single family home sales continued to be strong. The average home sold was up 13% over last July. That doesn’t necessarily mean your house is worth 13% more, because in a market as small as Verona a few high dollar sales could tip the average a bit. Although, prices are definitely up Read More

It’s been a seller’s market which means that the inventory of homes available is low in comparison to the number of homes that have sold.  In many cases when a good home at an appropriate price comes on the market, buyers are competing for that home. This is putting upward pressure on prices, and as Read More

The first half of 2016 has been great for sellers in the Verona housing market. Although, it’s been pretty tough for buyers, with many homes receiving competing offers. Buyers wish things were staying more affordable and weren’t so competitive. However, sellers are loving the inflated prices and quick sales. Verona currently has 3.4 months of Read More

In May Verona single family home sales jumped to 23. That’s more than April, but still doesn’t outdo May 2015. Although, 35 homes are currently under contract, so maybe we can expect a few more closings in June. Average prices were up to $339,719. This is 9.3% higher than last year. A couple of interesting Read More

In April 18 home sales closed in Verona. As crazy as the market is, that’s not an astounding number. I think that is mostly a result of the low 3 months’ worth of inventory though. Buyers just can’t find what they want for a price they are willing to pay. All the other statistics and Read More

This Spring is starting out wild and crazy in the real estate business. There is a shortage of good housing inventory. Six out of the last seven buyers we’ve written offers for have been in competing offer situations, and three out of the last 5 listings we’ve done have had multiple offers within a couple Read More

Closed home sales in Verona are down, which isn’t uncommon for January (I call it the holiday hangover). However the closings don’t really reflect what is happening right now for active properties. There may have been only 5 properties that closed in Verona in January, but there are currently 26 properties under contract awaiting closing. Read More

We’ve entered what typically is the slow season for real estate sales, and it shows by the stats here in Verona. Sales were down as compared to the same time-frame last year. Although, the signs are still looking very positive; the average number of days on market was down, the average price was up, and Read More