Back HomeVerona Home Sales Statistics – April 2016
May 11th, 2016 by keithandkinseyIn April 18 home sales closed in Verona. As crazy as the market is, that’s not an astounding number. I think that is mostly a result of the low 3 months’ worth of inventory though. Buyers just can’t find what they want for a price they are willing to pay. All the other statistics and market activity still lean towards a strong Seller’s market.
Average days on the market is down to 47 days. Most good appropriately priced homes are actually selling in under a week. The average is just thrown off by a few longstanding active homes, and new construction homes that are on the market from the beginning of construction.
The average sale price in April was $343,225, up significantly from last April, and the sale to list price is holding very strong at a 98.9%!
The most active neighborhood in Verona continues to be Cathedral Point with 4 sales last month and 6 properties currently under contract. However, several neighborhoods (Cross Country Heights, Hawthorne Hills, Scenic Ridge, Sokoloski, & Westridge) have 3 or more homes currently with accepted offers. Look for the number of closings to increase in May!
Verona, WI April 2016 Home Sales Summary
Verona, WI April 2016 Home Sales By Neighborhood
If the neighborhood you live in is not on this list, sorry. We chose the 13 most active neighborhoods in Verona over the last year. We also do a lot of work in Middleton, Mount Horeb, Oregon, Belleville and Madison. We’d be happy to dig up information on your neighborhood when you contact us directly.
