Sunlit Realty Market Tracker - Watertown, WI

Home Selling Tip #3

Give buyers time and space to look around.

Once you have prepared your home for showings it is a good idea to let potential buyers walk freely around your home. Let them see everything they want to see without you looking over their shoulders. 

Give them their space, especially if they are working with an agent. Also make sure to secure or hide your jewelry, money, medications and other valuables. And be aware that some buyers may want to take photos.

City of Watertown Market Update

Single Family Housing

125 - properties currently for sale

193 - properties listed for sale since Jan. 1, 2009

87 - properties sold since Jan. 1, 2009

$177,384 – average list/asking price of all currently active properties

$123,129 – average list/asking price of currently active 0-2 bedroom properties (19)

$180,002 – average list/asking price of currently active 3 bedroom properties (95)

$213,668 – average list/asking price of currently active 4+ bedroom properties (28)

134 – average days on market for properties currently for sale

$136,884 – average sold price for all properties sold so far this year (includes some bank-owned and short sales)

$140,137 – average sold price for 3 bedroom properties sold so far this year

$143,184 – average list/asking price of all properties sold so far this year (includes some bank-owned and short sale listings)

115 – average days on market for sold properties

$188,552 – average list/asking price of properties listed this year and not sold yet

Source: South Central Wisconsin Multiple Listing Service (SCWMLS)

Note: The MetroMLS, based in Milwaukee, also maintains a database of real estate listings in Jefferson County. The information in the MetroMLS and the SCWMLS is somewhat different. Most properties get listed in both systems, but not all, and it is difficult to separate out the solo listings. So, the statistics above are not complete, as the SCWMLS does not include every property listed for sale in Dodge county (nor does the MetroMLS). Further, “by owner” sales are not included in either MLS. The numbers above are, however, a good sample of local market activity. 

Tips for First-Time Home Buyers

Here's a good article about smart ways to approach a first-time home purchase, from today's New York Times "Your Money" column by Ron Lieber.  See 7 New Rules for First-Time Home Buyers

Real Estate Market Bottom Within Sight

Wisconsin is one state where the bottom of the real estate market may be in sight, according to recent sales figures. See full article here: Housing Predictor.com

Jefferson Co. Market Update

September 4, 2009

Single Family Housing

566 - properties currently for sale

$248,302 – average list/asking price of currently active properties

744 - properties listed for sale since Jan. 1, 2009

280 - properties sold since Jan. 1, 2009

$173,226 – average sold price for properties sold so far this year

$182,393 – average list/asking price of properties sold so far this year

111 – average days on market for sold properties

$255,409 – average list/asking price of properties listed this year and not sold yet

Source: South Central Wisconsin Multiple Listing Service (SCWMLS)

Note: The MetroMLS, based in Milwaukee, also maintains a database of real estate listings in Jefferson County. The information in the MetroMLS and the SCWMLS is somewhat different. Most properties get listed in both systems, but not all, and it is difficult to separate out the solo listings. So, the statistics above are not complete, as the SCWMLS does not include every property listed for sale in Dodge county (nor does the MetroMLS). Further, “by owner” sales are not included in either MLS. The numbers above are, however, a good sample of local market activity. 

Dodge Co. Market Update

September 4, 2009

Single Family Housing

578 - properties currently for sale (53% are 3-bedroom homes)

$190,289 – average list/asking price of currently active properties

755 - properties listed for sale since Jan. 1, 2009

326 - properties sold since Jan. 1, 2009

$132,823 – average sold price for properties sold so far this year

$140,591 – average list/asking price of properties sold so far this year

130 – average days on market for sold properties

$199,118 – average list/asking price of properties listed this year and not sold yet

Source: South Central Wisconsin Multiple Listing Service (SCWMLS)

Note: The MetroMLS, based in Milwaukee, also maintains a database of real estate listings in Dodge County. The information in the MetroMLS and the SCWMLS is somewhat different. Most properties get listed in both systems, but not all, and it is fairly difficult to separate out the solo listings. So, the statistics above are not complete, as the SCWMLS does not include every property listed for sale in Dodge county (nor does the MetroMLS). Further, “by owner” sales are not included in either MLS. Therefore, the data above does not reflect all real estate activity in this market, but the numbers are a good sample of local market activity.

2009 Guide for Homeowners

Here's a link to information about property assessment and taxation for Wisconsin homeowners, from the Wisconsin Department of Revenue. 2009 Guide for Wisconsin Homeowners

Dodge County 3 Bedroom Homes

August 11, 2009

303 – number of 3 bedroom homes currently sale

$178,673 – average list price of 3 bedroom homes currently for sale

162 – number of 3 bedroom homes sold so far this year

$127,804 – average sale price

134 – average days on the market for sold homes

$182,293 – average list price for unsold 3 bedroom homes

Source: South Central Wisconsin Multiple Listing Service (SCWMLS)

Note: The MetroMLS, based in Milwaukee, also maintains a database of real estate listings in Jefferson County. The information in the MetroMLS and the SCWMLS is somewhat different. Most properties get listed in both systems, but not all, and it is difficult to separate out the solo listings. So, the statistics above are not complete, as the SCWMLS does not include every property listed for sale in Dodge county (nor does the MetroMLS). Further, “by owner” sales are not included in either MLS. Also, the average sale prices noted above likely include some short sales and foreclosures, which typically sell for less than market value. All-in-all the numbers above are, however, a good sample of local market activity.