Thursday, May 19, 2022 / by Julie Winter-Paez
What is happening in the Northern Wisconsin real estate market? Well as of the end of April, we are officially into May now, we are still down in residential listings sold. I usually focus primarily on Vilas, Oneida, Lincoln, Florence and Forest because those are the main counties in which myself and my team work. See below for new inventory year to date numbers. Red is new inventory this year and blue was new inventory last year and as you can see April was 25% down.. the entire MLS is down about 28% and again inventory has been down every month since the first of the year.
Now if we look at units sold, looking at those same counties. As you can see the red reflects 2022 sales and the blue reflects 2021, we are currently down 35% in unit sales year to date.
So that's kind of where we're at here today, up here in the Northwoods. Again, if you're ever interested in a specific market segment or something directly related to you or your sale, please give me a call. Always happy to dig into the real estate market on your behalf and help you make a decision moving forward. Have a great day and see you soon in the Northwoods.