Cross Country Heights- Verona, WI Neighborhood Real Estate Market Report and Absorption Rate Trend
Cross Country Heights Neighborhood in Verona, WI appears to be currently a seller's market- at least looking at the 12 month sales history of .92 homes sold per month compared to the 4 active listings. This puts the months of supply on market at just over 4.
The pace of homes selling in this market slowed over the past 6 months which is not totally uncommon for the time of year but something to definitely keep an eye out on this spring. With no homes currently under market these numbers could shift towards more of a balanced market fairly quickly.
The average days on market is starting to creep up but is still not too bad considering the price range. Homes are getting about 93% of their original asking price which is also not too bad.
Right now a sellers market...possibly soon a balanced market...but definitely one to keep an eye out for as we move into Spring/Summer.
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