Check Out the Freshest Figures Show New Home Prices Climb, Sales Decrease in Green Bay
Posted on: Apr 09, 2014 07:01:17 AM
New home closings in the Green Bay, WI market declined year-over-year in December, sliding after a growth in November 2013. New home closings moved from 15 a year earlier to 10 after the figure moved from 17 in November 2012 to 22 in November 2013.
A total of 254 new homes were sold during the 12 months that ended in December, down from 259 for the year that ended in November.
New home closings were 10 out of the 284 total closings, a move on a percentage basis from 15 of 379 a year earlier. Following a year-over-year decline in November, closings of new and existing homes also sank year-over-year in December.
Pricing and Mortgage Trends
The average new home price was $224,910, up from $177,440 a year earlier. This came after a 3.3% lift in November year-over-year.
Average mortgage size on new homes went from $171,757 a year earlier to $184,425. Average mortgage size sank 13.5% in November 2013 from a year earlier.