Many of us think a recap of 2008 maybe a little depressing, but we are going to take a look anyway. It's actually not that bad when you compare it to other areas in the State and the nation.
The following data is taken from the South Central WI Multiple Listing Service and is deemed reliable but is not guaranteed.
92 homes sold in Mt. Horeb in 2008 (106 sold in 2007)
$224,038 was the average SOLD price ($244,382 in 2007)
The average sale price is 97% of the Average list price. (98% in 2007)
$301,000 was the average list price of homes that went UNsold ($346,411 in 2007)
There are currently 75 homes on the market in Mt. Horeb with an average list price of $350,626. This is driven up by the 25 four bedroom homes with an average list price of $541,892. If you look at the 46 three bedroom homes on the market, the average list price is only $260,671 which seems a lot more reasonable.
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