New Home Prices Increase in Fond du Lac According to Newest Data, Sales Steady
Posted on: Apr 06, 2013 07:12:02 AM
Closings of new homes in the Fond du Lac, WI market remained unchanged year-over-year in December, remaining relatively stable after moving north year-over-year in November from the year earlier. Closings remained level at one from a year earlier after the figure moved from none in November 2011 to one in November 2012.
A total of 16 new homes were sold during the 12 months that ended in December, equal to the number of new homes sold for the year that ended in November.
One of the 89 total closings were new home closings, a shift on a percentage basis from one out of 75 a year earlier. Following a year-over-year increase in November, closings of new and existing homes also jumped year-over-year in December.
The average price of new homes rose to $197,000 from last year's $185,000. This came after a shift from no closings in November 2011 to an average price of $239,900 in November 2012.
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. Attached closings made up all of new home closings after accounting for no part of closings a year earlier. Meanwhile, single-family homes made up no part of new home closings after making up all of closings a year earlier.