Real Estate Market Trends

 WISCONSIN FORESTLAND SOLD REPORT Sept 2023 Waukesha County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $260,000 47.71 $5,450 1791558 Sold New Berlin Waukesha $380,000 35.8 $10,615 1826428 Sold Muskego Waukesha $550,000 26 $21,154 1844293 Sold Vernon Waukesha $625,000 103 $6,068 1935898 Sold Ottawa Waukesha $625,000 103 $6,068 1795577 Sold Ottawa Waukesha $1,095,000 32.3 $33,901 1813477 Sold Merton Waukesha $1,280,000 88.54 $14,457 1804079 Sold New Berlin Waukesha $1,725,000 54.3 $31,768 1741208 Sold Pewaukee Waukesha      $  12,536 Median Price / Acre       $6,540,000            491  $  13,329 Average Price / Acre        For more information on any of these properties... 09/25/2023

 WISCONSIN FORESTLAND SOLD REPORT Sept 2023 Jefferson County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $50,000 20 $2,500 1837075 Sold Ixonia Jefferson $70,000 40 $1,750 1945981 Sold Concord Jefferson $187,500 28 $6,696 1820058 Sold Hebron Jefferson $290,000 35 $8,286 1739891 Sold Concord Jefferson $292,000 27.19 $10,739 1825730 Sold Sullivan Jefferson $500,000 91.5 $5,464 1788507 Sold Lake Mills Jefferson $625,000 58.91 $10,609 1954334 Sold Concord Jefferson $662,000 66.21 $9,998 1823086 Sold Lake Mills Jefferson $675,000 65.35 $10,329 1831556 Sold Concord Jefferson      $    8,286 Median Price / Acre       $3,351,500            432  $    7,755 Average Price / Acre  ... 09/25/2023

 WISCONSIN FORESTLAND SOLD REPORT Sept 2023 Dodge County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $87,500 31.28 $2,797 1810479 Sold Lebanon Dodge $140,000 42.3 $3,310 1945188 Sold Chester Dodge $140,000 42.3 $3,310 50266944 Sold Chester Dodge $195,000 20 $9,750 1945680 Sold Lowell Dodge $197,500 32.24 $6,126 1805423 Sold Hubbard Dodge $202,000 39.62 $5,098 1812098 Sold Ashippun Dodge $279,999 34.54 $8,107 1954298 Sold Burnett Dodge $310,000 84 $3,690 1946028 Sold Hustisford Dodge $315,000 38.94 $8,089 1817764 Sold Hubbard Dodge $315,000 38.95 $8,087 1821922 Sold Hubbard Dodge $575,000 54.64 $10,523 1946477 Sold Chester Dodge $749,000 75 $9,987 1787757 Sold Ashippun ... 09/23/2023

On September 18, 2023, California Association of Realtors (C.A.R) reported the single family homes values higher 3.3% to the price of $859,800 in August of 2023 from price of $832,400 in July of 2023, and gained 3.0% from price of $834,740 in August of 2022 in California.There were 254,740 single family homes sold in California in August of 2023 decreased 5.3% from 268,940 in July of 2023, and fell 18.9% from 314,270 home sales in August of 2022.There were 2.4 months supplies of available inventory of single family homes in August of 2023, down from 2.5 months in July of 2023, but declined from 2.8 months in August of 2022 in California.An average it took 18.0 days to sell a single family home in August 2023, up from 16.0 days in July of 2023, but dropped from 23.0 days in August of 202... 09/19/2023

09/18/2023

Decoding Pearland Real Estate Market Trends: A Comprehensive Two-Year OverviewThe real estate landscape is ever-evolving, with various forces shaping market dynamics. To decode the Pearland Real Estate Market Trends over the past two years, we've embarked on an in-depth analysis, providing homeowners, investors, and potential buyers with actionable insights.Pearland's Median Sold Price TrendsStarting in August 2021, the median sold price for single-family homes in Pearland was $330,000. As we progressed through the months, there were occasional peaks and valleys, with June 2022 seeing the pinnacle at $385,000. Entering 2023, the market appeared stable, culminating at $382,000 by August.Supply and Demand Dynamics in Pearland Real EstateDiving into the core metrics that drive the Pearland... 09/18/2023

  Local Market Update  Ala Moana & Kaka'ako Honolulu, August 2023   Single Family Homes August Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 0 / 0   4 / 6  -33%   Median Sales Price $0.0 / $0.0   $1.243750M / $1.3625M  -9% Percent of Original List Price Received 0.0% / 0.0% 92.1% / 98.2%  -6% Median Days on Market Until Sale 0 / 0  0% 15 / 21  -29% New Listings 1 / 0  0% 7 / 12  -42% Pending Sales 1 / 0  0% 4 / 6  -33% Active Inventory 3 / 4  -25% ---    Condos August Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 44 / 61  -28%  363 / 542  -33% Median Sales Price $727,500 / $615,000  18% $680,000 / $754,500  -9% Percent of Original List Price Received 95.3% / 98.1%  -3% 96.8% / 98.0%  -1% Median Days on Market Until Sale 50 / 18  178% 40 / 27  48% ... 09/19/2023

What's the Value of My La Jolla Home? La Jolla Home Sales for August 2023 La Jolla is one of the more expensive housing markets in San Diego County on average. If you tour La Jolla online (see link below), or in real life, you can see why this is so. As a seller or buyer in La Jolla, having up-to-date local market information about La Jolla homes for sale benefits you in making educated decisions about buying and/or selling your La Jolla home. La Jolla is a beautiful seaside community with many homes offering impressive views of the ocean from the hills or shoreline. You’ll also find a trendy, up-scale village offering top-notch shopping, dining, and services. La Jolla has often been compared to the French and Italian Rivieras with wonderful ocean and coastline vistas, spectacular homes... 09/18/2023

The Leasing Team at Foundation Rentals and Relocation just LEASED another property in Greenbrae for $2,995. Thanks to everyone for a great transaction. For any questions about Greenbrae property management or buying or selling investment properties in Greenbrae, call Broker Christopher Barrow at (415) 637-8934! 09/18/2023

Inflation is a negative economic word, in my book. We are all aware of the effects of inflation. In 1968 I could buy a gallon of gas for 25.9 cents/gal.  In 2023 I'm paying around $3.55/gal at my favorite gas fillup. (numbers vary based on locale) Hmmm...$5.18 for 20 gallons vs. today's $61.00 for the same 20 gallons.On the flip side, let's take gold. In the 1930s gold was valued at roughly $20 per ounce and you could buy a very good suit with that $20. Today, you can buy that same very good suit with that same ounce of gold, which is now valued at roughly $2,000 per ounce (I know, today's spot is $1927). And we all know that suits do not appreciate in value...lol Housing and gold are good hedges against inflation, imho. Now, if only wages would keep pace. It would be nice to get paid i... 09/18/2023

 WISCONSIN FORESTLAND SOLD REPORT Sept 2023 Columbia County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $60,000 57 $1,053 1915395 Sold Pacific Columbia $70,000 20.11 $3,481 1957655 Sold Lewiston Columbia $125,000 50 $2,500 1947329 Sold Pacific Columbia $127,500 22.02 $5,790 1942126 Sold Lewiston Columbia $150,000 44.5 $3,371 1942902 Sold Dekorra Columbia $166,100 20 $8,305 1949543 Sold Lewiston Columbia $225,000 35 $6,429 1958252 Sold Marcellon Columbia $250,000 37.92 $6,593 1949370 Sold Lewiston Columbia $275,000 35 $7,857 1937111 Sold Marcellon Columbia $328,000 39.98 $8,204 1821521 Sold Fountain Prairie Columbia $335,000 60 $5,583 1954466 Sold Marcellon Columbia $40... 09/22/2023

 WISCONSIN FORESTLAND SOLD REPORT Sept 2023 Sauk County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $65,000 40 $1,625 1946955 Sold Prairie Du Sac Sauk $100,000 20 $5,000 1962916 Sold Freedom Sauk $120,000 37.62 $3,190 1952083 Sold La Valle Sauk $145,000 20 $7,250 1946381 Sold Baraboo Sauk $175,200 24 $7,300 1958307 Sold Westfield Sauk $199,000 20 $9,950 1954103 Sold Westfield Sauk $207,000 42.55 $4,865 1946695 Sold Westfield Sauk $210,000 30.48 $6,890 1942238 Sold Baraboo Sauk $224,900 26.19 $8,587 1952053 Sold Baraboo Sauk $225,000 25 $9,000 1953684 Sold Bear Creek Sauk $248,000 39.58 $6,266 1957785 Sold Freedom Sauk $250,900 30.23 $8,300 1950910 Sold Baraboo Sauk $26... 09/21/2023

 WISCONSIN FORESTLAND SOLD REPORT Sept 2023 Juneau County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $45,000 36 $1,250 1952371 Sold Necedah Juneau $65,000 20 $3,250 1947486 Sold Necedah Juneau $80,000 20 $4,000 1938998 Sold Necedah Juneau $82,000 20.46 $4,008 1949507 Sold Armenia Juneau $82,000 20.19 $4,061 1949504 Sold Armenia Juneau $85,000 40 $2,125 22204373 Sold Germantown Juneau $100,000 40 $2,500 1944840 Sold Marion Juneau $107,500 22.7 $4,736 1940926 Sold Necedah Juneau $120,000 120 $1,000 1932011 Sold Kingston Juneau $121,000 22.33 $5,419 1946102 Sold Wonewoc Juneau $126,920 30 $4,231 1926215 Sold Lindina Juneau $135,000 38 $3,553 1947465 Sold Wonewoc Juneau $... 09/21/2023

 WISCONSIN FORESTLAND SOLD REPORT Sept 2023 Marquette County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $108,000 30 $3,600 50273378 Sold Neshkoro Marquette $154,800 36 $4,300 1946969 Sold Newton Marquette $160,000 31.27 $5,117 1956083 Sold Newton Marquette $180,000 27.32 $6,589 1954845 Sold Packwaukee Marquette $199,900 40 $4,998 1954049 Sold Oxford Marquette $200,000 30 $6,667 1955956 Sold Crystal Lake Marquette $208,000 40 $5,200 1956087 Sold Newton Marquette $219,900 39.12 $5,621 1958458 Sold Moundville Marquette $220,000 41.07 $5,357 1957927 Sold Harris Marquette $235,000 40 $5,875 1961749 Sold Packwaukee Marquette $350,000 63.37 $5,523 1951091 Sold Packwaukee Mar... 09/20/2023

 WISCONSIN FORESTLAND SOLD REPORT Sept 2023 St Croix County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $125,000 20 $6,250 6174821 Sold Baldwin St. Croix $170,000 20 $8,500 6367323 Sold Eau Galle St. Croix $199,900 48.69 $4,106 1570118 Sold Forest St. Croix $260,000 49.27 $5,277 1567817 Sold Other St. Croix $260,000 40 $6,500 1570504 Sold Glenwood City St. Croix $320,000 22.97 $13,931 6357469 Sold St. Joseph St. Croix $353,700 70.74 $5,000 1567747 Sold Springfield St. Croix $355,000 25.54 $13,900 6180876 Sold Hudson St. Croix $375,000 54.33 $6,902 6267088 Sold Emerald St. Croix $400,000 21.67 $18,459 6328716 Sold Kinnickinnic St. Croix $415,000 44.93 $9,237 6120036 Sol... 09/20/2023

 WISCONSIN FORESTLAND SOLD REPORT Sept 2023 Pepin County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $350,000 49.49 $7,072 1572115 Sold Waterville Pepin $465,000 112 $4,152 6376054 Sold Waterville Pepin $465,000 112 $4,152 1573506 Sold Waterville Pepin $850,000 277.75 $3,060 6263477 Sold Albany Pepin $850,000 277.75 $3,060 1568881 Sold Albany Pepin      $    4,152 Median Price / Acre       $2,980,000            829  $    3,595 Average Price / Acre        For more information on any of these properties, or to see how your property compares to these, call us or send an email with the mls number and your contact info to Bob@ForestlandWMS.com  or WoodlandTeamWI@gmail.com .... 09/19/2023

 WISCONSIN FORESTLAND SOLD REPORT Sept 2023 Buffalo County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $227,865 40 $5,697 1802219 Sold Glencoe Buffalo $239,000 35 $6,829 1570123 Sold Dover Buffalo $250,000 35.69 $7,005 1812659 Sold Alma Buffalo $260,000 40 $6,500 1835234 Sold Glencoe Buffalo $261,250 47.5 $5,500 1569497 Sold Alma Buffalo $261,250 47.5 $5,500 6272857 Sold Alma Buffalo $280,000 38.75 $7,226 1571615 Sold Dover Buffalo $342,000 35 $9,771 6327504 Sold Lincoln Buffalo $342,000 35 $9,771 1570887 Sold Lincoln Buffalo $375,000 48 $7,813 1570234 Sold Lincoln Buffalo $375,000 48 $7,813 6313567 Sold Lincoln Buffalo $380,000 52.41 $7,251 6354556 Sold Nelson Buffalo... 09/19/2023

 WISCONSIN FORESTLAND SOLD REPORT Sept 2023 Pierce County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $145,000 26.36 $5,501 1560086 Sold Spring Valley Pierce $145,000 26.36 $5,501 6128454 Sold Spring Valley Pierce $160,000 40 $4,000 1570546 Sold Ellsworth Pierce $270,000 20 $13,500 6249596 Sold Spring Valley Pierce $280,000 30.05 $9,318 6400198 Sold Martell Pierce $305,000 25 $12,200 1569409 Sold Martell Pierce $320,000 39.39 $8,124 1568417 Sold Martell Pierce $366,000 40 $9,150 6272309 Sold River Falls Pierce $2,650,000 431.81 $6,137 1573230 Sold Maiden Rock Pierce      $    8,124 Median Price / Acre       $4,641,000            679  $    6,835 Average Price / Acre    ... 09/18/2023

 WISCONSIN FORESTLAND SOLD REPORT Sept 2023 Trempealeau County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $162,500 27.97 $5,810 1569391 Sold Arcadia Trempealeau $175,000 20.15 $8,685 1572096 Sold Unity Trempealeau $185,000 29.26 $6,323 1816538 Sold Preston Trempealeau $240,000 41 $5,854 6163092 Sold Strum Trempealeau $250,000 41 $6,098 6332910 Sold Chimney Rock Trempealeau $250,000 41 $6,098 1571118 Sold Chimney Rock Trempealeau $263,000 41 $6,415 1569688 Sold Unity Trempealeau $276,000 181 $1,525 1821825 Sold Trempealeau Trempealeau $375,200 67.3 $5,575 1830976 Sold Preston Trempealeau $400,000 80 $5,000 1947323 Sold Ettrick Trempealeau $400,000 80 $5,000 1819274 Sol... 09/18/2023

Why Is Housing Inventory So Low?One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out until you have more options, that’s probably not the best strategy. Here’s why.There aren’t enough homes available for sale, but that shortage isn’t just a today problem. It’s been a challenge for years. Let’s take a look at some of the long-term and short-term factors that have contributed to this limited supply.Underbuilding Is a Long-Standing ProblemOne of the big reasons inventory is low is because builders haven’t been building enough homes in recent years. The graph below shows new construction for single-family homes over the past five decades, including the long-term average for hous... 09/18/2023