M
arket Momentum: Unpacking the Pulse of Racine County Real Estate
In a bid to illuminate the intricacies of local real estate, Racine County Eye has launched a weekly digest that distills complex data into actionable insights for homeowners, buyers, sellers, and investors. This curated guide offers a snapshot of market trends, providing valuable intelligence for those navigating the ever-changing landscape.
This week's spotlight shines on Mount Pleasant and Caledonia, where we've extracted sales data from realtor.com to reveal the latest transactions. From newly constructed homes to century-old properties, our analysis delves into what drives prices and how they're shifting.
Notable Sales:
* A four-bedroom, 2.5-bathroom home in Mount Pleasant sold for $548,500 on January 31, nearly tripling its price from two years ago.
* In Caledonia, a six-bedroom, two-bathroom estate on a 7-acre lot fetched $510,000 on February 7.
Market Trends:
* Homes in Mount Pleasant and Caledonia are seeing significant price increases, with some properties selling for nearly three times their original value.
* New construction and remodeled homes are commanding top dollar, while older properties are experiencing a resurgence in popularity.
Recent Transactions:
* $500,000+:
+ 623 Hunter Drive, Mount Pleasant: $548,500
+ 4238 Nicholson Road, Caledonia: $510,000
* $300,000-$500,000:
+ 630 Hunter Drive, Mount Pleasant: $495,000
+ 4600 Cardinal Court, Mount Pleasant: $419,000
* Under $300,000:
+ 1550 Raintree Lane, Unit 113, Mount Pleasant: $280,000
+ 825 Stonefield Drive Unit 103, Mount Pleasant: $265,000
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