I’ve been told that since this is a blog attached to a real estate site that I should, at least occasionally, write about real estate.  Okay, I get the point.  So, here it is, a report on the status of real estate sales in northern Door County, Wisconsin, today.  (”Northern Door County” being everything north of Sturgeon Bay)

After three bad years, the light is shining through the end of the tunnel.  The number of sales is well above last year (the worst year in decades) and is almost even with 2008.  Almost all the homes and condominiums sold are selling for under $350,000.  Vacant land sales are still slow but well ahead of last year, and most sales are well under $100,000 with many under $50,000.  Few commercial properties are selling, but that is normal. 

It is a great time to be a buyer in Door County (as a Realtor, you would expect me to say that, but it is really true).  This is my 31st year selling real estate in Door County, and I have never seen bargains (for lack of a better word) like I’m seeing now.  One reason land sales are so slow is that you can now purchase a home for far, far less than it costs to build one!  Yes, there are also some foreclosures, but that is still a small part of the Door County real estate market.

Is mortgage money available.  Simple answer — yes.

Do you want a list of possible properties for you?  Call me.  Signing off now, Kathy Hollister, your Door County Realtor!

Tags: acreage, Baileys Harbor, condos for sale, Door County WI real estate for sale, Egg Harbor, Ellison Bay, Ephraim, Fish Creek, Gills Rock, homes for sale, Jacksonport, land, lots, luxury properties, shore property for sale, Sister Bay, Sturgeon Bay

This entry was posted on Saturday, June 5th, 2010 at 8:36 am and is filed under Notes from Kathy, Real Estate Info. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.