Oshkosh, WI - Local Housing Data - Summary

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Oshkosh, Neenah, WI

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Oshkosh, WI Local News

New Home Closings and Prices in Oshkosh Increase According to Freshest Figures

Posted on: Jul 06, 2014 07:27:23 AM

New home closings gained year-over-year in April in the Oshkosh, WI market, rebounding from a year-over-year decline in March 2014. New home closings moved from 4 a year earlier to 5 after the figure moved from 11 in March 2013 to 7 in March 2014.

A total of 96 new homes were sold during the 12 months that ended in April, up from 95 for the year that ended in March.

5 of the 206 total closings were new home closings, a shift on a percentage basis from 4 out of 225 a year earlier. Closings of new and existing homes declined year-over-year in April after also falling in March year-over-year.

Pricing and Mortgage Trends

The average price for newly sold homes moved north to $236,960 from $206,975 a year ago. This followed a 24.9% gain in March year-over-year.

Average mortgage size on new homes rose from $190,781 to $210,270. Average mortgage size on new homes went from $148,252 in March 2013 to $211,853 in March 2014.

 
 
 

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