R
eal estate sales in Brown County took a slight dip in May compared to the same month last year, but prices saw a notable surge. According to the Heartland Association of Realtors, here are the key statistics:
The median home price jumped 19.8% to $257,500, while the median price per square foot increased by 15.1% to $147.69.
Sales numbers were down 2.2% with 44 closed transactions in May, but active listings rose 11.6% to 222. The months of inventory also increased by 1.1 month to 6.7.
Other notable trends include a median home size of 1,844 square feet and a median year built of 1999. Homes sold for an average of 94% of their original list price.
Price distribution was as follows: 11.4% of homes sold for under $100,000, 25% between $100,000-$199,999, 22.7% between $200,000-$299,999, and so on.
