Knowing what the Door County real estate market conditions and statistics are for any given month could be helpful in making the decision on where to position your property to successfully sell. If you are a buyer the same information might be helpful to you. Get all the details and search all the Door County listings at www.HomeInDoorCounty.com

June 2020 Median Sale Price for 54234, Sister Bay, Liberty Grove

2020 Medial Sale Price 54234The median sale price for homes in the 54234, Sister Bay and Liberty Grove areas in June was $394,500. The median sales price for homes in June rose by $57,000 compared to May 2020. This represents a 16.88% increase from May. Compared to the same month last year, the median price of homes rose by $144,500 representing a 57.8% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale June 2020 in Sister Bay, Liberty Grove and 54234 Area

2020 Homes for sale 54234The inventory of homes for sale in Sister Bay, Liberty Grove, and the 54234 area of Door County fell by 2 in June to 51. This represents 3.77% decrease from May when 53 homes were on the market. Compared to the same month last year, 2019, when there were 78 homes for sale, the inventory of homes for sale has fallen by 27 representing a -34.61% year-over-year change.

Homes for sale represents the number of active listings on the Door County real estate market during the specified month as reported in the Door County MLS system operating within the market area.

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Homes Sold in the Sister Bay, Liberty Grove, and 54234 Area of Door County

2020 Homes Sold 54234The 6 homes sold in June, 2020 was 2 less than in May, 2019. This represents a 25% decrease in sales from May. Compared to the same month last year, the number of homes sold decreased by 5, a -45.45% year-over-year decrease.

Homes sold is the total count of properties in the Door County market area that have had a closed sale during the specified month as reported in the Door County MLS systems operating within the market area.

Average Days on Market in the Sister Bay, Liberty Grove, and 54234 Area of Door County

The average days on market for a home sold in June (434) increased by 280 days compared to May, 2020 in the Door County real estate market2020 Avg Days on Market 54234. This represents a 181.81% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold increased by 177, a 68.87% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

List to Sale Price Ratio for the Sister Bay, Liberty Grove, and 54234 Area of Door County

2020 List/Sale Price 54234The Sale/List Price Ratio of 93.5% in June, 2020 fell by 3.32% compared to May, 2020 and increased 0.63% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

Sister Bay, Liberty Grove and 54234 Area Homes New on the Market

2020 New Homes 54234The number of homes listed in Door County in June (11) rose by 3 compared to May, a 37.5% change. Compared to June 2019, the number of new listings decreased by 3, a -21.42% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price in the Sister Bay, Liberty Grove and 54234 Area of Door County

The median list price in June was $439,900. The median list price for homes in June rose by $15,000 compared to last month. This represents a 3.53% increase from May. Compared to the same month last year, the median list price of homes increased $50,450 representing a 12.95% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.

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Your real estate agent is the best source of information about the local Door County real estate conditions. Give Lisa Bieri a call today at 920-493-5472 to learn more about real estate conditions in your town and how they affect your property.
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Sister Bay, Liberty Grove and 54234 Real Estate Conditions and Statistics for June 2020
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Sister Bay, Liberty Grove and 54234 Real Estate Conditions and Statistics for June 2020
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Knowing what the Door County real estate market conditions and statistics are for any given month could be helpful in making the decision on where to position your property to successfully sell. If you are a buyer the same information might be helpful to you. Get all the details and search all the Door County listings at www.HomeInDoorCounty.com
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Lisa Bieri & Associates at Shorewest Realtors - Door County Realty
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