New home closings in the Fond du Lac, WI market stayed the same year-over-year in December, staying level after a year-over-year decline in November from the year earlier. Closings remained level at 1 from a year earlier after the figure moved from 2 in November 2014 to none in November 2015.

Out of the 127 total closings, 1 were new home closings. This is consistent on a percentage basis with a year earlier. Following a drop in November year-over-year, closings of new and existing homes jumped year-over-year in December.

The average price of new homes was $262,600, an increase from $219,000 a year earlier. This came after a.

Other Market Trends

The share of new home closings made up by attached units has risen while the share belonging to single-family homes has fallen.

Foreclosures and real estate owned (REO) closings fell in December from a year earlier, but remained a drag on the market. Combined, foreclosures plus REO closings accounted for 26.2% of existing home closings, below 26.3% a year earlier. The percentage of existing home closings involving foreclosures slid to 7.9% in December from 13.2% a year earlier while REO closings as a percentage of existing home closings gained to 18.3% from 13.2%.

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