Realtors in towns across Wisconsin say their areas offer a great alternative to city life.
Brookfield
"Brookfield is a fast growing city with a "City in the Countryside" feel," says Realtor Mark Dallmann. "Brookfield has a population of 38,200, covers 36.8 square miles, containing 24 parks and over 1000 acres of open space consisting of wetlands, woodlands. Spring fever is well under way and Brookfield continues to be a popular area which has enjoyed strong sales. Brookfield has a median price of $260,000 compared to $244,000 the previous year, up 6.55 percent. As of March 30th, there are 150 active single family listings with 70 sold year to date with an average days on market of 48."
Black River Falls
Says Realtor Steve Stark, "Interest rates have dropped to the lowest levels in decades! There is a surge in buyer activity this year. There seems to be a lack of inventory on the market to show these buyers. More listings of homes are needed; however, this does not automatically make it a seller's market. Buyers seem to be patient with making a decision on purchasing a home. They will wait to find their dream home."
Stark adds, "Now is the best time to sell and make a purchase. Many buyers are willing to compete for quality homes which should result in top dollar for your home. Interest rates are probably the lowest that we will see this year which makes now an excellent time to purchase, or build, a new home."
North Central Walworth County
"The north-central Walworth County land market, which I am identifying as the townships of Sugar Creek, Lafayette, Richmond, Whitewater, and Troy continues to be strong," says Realtor Randy Erwin. "Since 7/1/04 there have been two sales of land parcels of 20 acres or more. The average sale price was $4000/acre. The lack of closings indicates the tightness of supply of vacant land. Land in the area sells for either development or residential estate use. Anything wooded or adjacent to municipal services enjoys exceptional demand with a majority of the buyers coming from the Chicagoland area."
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Published: April 14, 2005
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