Real Estate Sales Down, Price Per Foot Up, In March

realestate

Real estate sales statistics for March 2024 were released this week by the Heartland Association of Realtors.  The number of closed sales in Brown County was down from March 2023, but the price per square foot was higher.  Details below.

Median Price:  $174,500, down 25.3% vs. March 2023

Median Price per Square Foot:  $130.44, up 9.2%

Closed Sales:  37, down 15.9%

Active Listings:  166, up 31.8%

Months of Inventory:  4.6, up 1.3 months

Median Home Size:  1,481 square feet

Median Year Built:  1982

Closing Price/Original Listing Price:  92.4%

Days on Market:  53, down 10 days

Days to Close:  31, down 6 days

Total Days:  84, down 16 days

Sales Price Distribution:

less than $100,000:  16.7%

$100,000 – 199,999:  41.7%

$200,000 – 299,999:  25.0%

$300,000 – 399,999:  5.6%

$400,000 – 499,999:  -0-

$500,000 and above:  11.1%