Seminole Ridge Neighborhood- Fitchburg, WI Real Estate Market Statistics and Absorption Rate Trends

Seminole Ridge Neighborhood- Fitchburg, WI Real Estate Market Statistics and Absorption Rate Trends

Seminole Ridge Neighborhood in Fitchburg, WI shows us a subdivision that is for the most parts a fairly balanced market with 5.3 Months Supply of Homes on the Market looking at it's yearly Absorption average. 

The average home here that sold in the past 12 months sold for about 93% of original asking price ($315,600)...was around 3400 square feet...and sold for about $93 per square foot.

These numbers are very similar to the Active Listings on the Market here $328,400...3400sqft...$97/sqft. The Average days on the market for the Active listings shows pretty high at 192 days but that is fairly misleading as 1 of the 4 homes really drove that average up. The other 3 homes were all under 150 days on market.

John & Vicky Schroeder- Restaino & Associates- 608-225-0946 homes@HomesByJV.com