Sheboygan County Market Update - 1/31/24

Sheboygan County Market Update - 1/31/24

Hey, Sheboygan County, it's time for your weekly real estate update. I'm your local realtor, Markus with Savaglio and Co. and this is what's been happening over the past seven days right here in Sheboygan County.

Last week we saw 13 new listings, 17 homes sold, 2 properties came off the market without a sale and 2 properties did price reduction. You're probably thinking, what do all these numbers mean?

If you're a buyer in this market, these numbers are not on your side. This is another week in a long string of weeks where there's been more homes sold than new listings added to the available inventory. That doesn't mean you can't get a house, though. The competition is tough, but if you have the right agent, they're going to negotiate and put you in a position to get your offer on the top of the pile.

If you're selling a home, the market remains strongly in your favor. You're able to dictate better terms, better prices and control the process more than ever before. Anecdotally, we've been seeing property getting 2nd offers off about 1% under to about 5% over the list price this past week.

What do you think of our current market?

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