The desire to own a home hasn’t been deterred by the pandemic. Barron County home buyers are active in the market! In fact, one of the primary challenges to our market is the need for more home inventory.
From January through March 2020, Barron County had 101 home sales. This is a 23% decrease in transactions from the same period in 2019. With fewer homes for sale during the first quarter of 2020, there was a natural reduction in transaction activity.
Median home prices during the first quarter of 2020 were $147,800, which is within 1.46% of the median home price during the first quarter of 2019. Home values are holding steady in Barron County.
Barron County real estate activity slowed a bit during April due to the Safer-at-Home orders that became effective March 25. However, real estate has been considered an essential business all along in Wisconsin, and we have been continually listing properties and selling homes!
If you are concerned about staying safe while buying or selling Barron County real estate, we can help. Many of our activities can be handled online. In-person meetings and showings are conducted with social distancing and safety in mind.
If you have been waiting for a “better time” to sell your Barron County home, don’t wait! So far, Wisconsin home and land prices have proven resilient against economic headwinds. The limited supply of homes for sale is supporting market values.
If you are interested in buying a Barron County home, now’s the time to take advantage of low mortgage interest rates, and find your new home before the summer rush!
When you are ready to buy or sell a home in Barron County, Six Lakes Realty offers the very best in real estate guidance! We are a locally-owned family business with over 40 years of experience. Our friendly, hometown service is just a call away!
Six Lakes Realty
Office: (715) 924-4806