Coyle Highlands Neighborhood- Cottage Grove, WI Real Estate Market Statistics and Absorption Rate Trend
Coyle Highlands Neighborhood in Cottage Grove, WI shows as a pretty typical Seller's Market. Averaging around a home sold every two months with 7 currently on the market and only 1 home under contract things appear to be moving pretty slow in this Cottage Grove subdivision.
If you look behind the numbers a bit you will see however that homes that sold in the past 12 months did sell fairly quickly and very close to their initial asking price. These homes averaged 65 days on the market...compared to the current active homes which are sitting at 187 days.
This seems to pretty clearly indicate that homes priced correctly from the start will sell in this market.
John & Vicky Schroeder -Restaino & Associates REALTORS®
Click Here to Search the Market
Need to take a closer look at your particular location? Than visit us at www.HomeValuesInMadison.com
Comments