Sheboygan, WI - Local Housing Data - Summary

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Sheboygan, WI Local News

Latest Figures Indicate Prices of New Homes Climb, Sales Stay Level in Sheboygan

Posted on: Jul 06, 2014 07:34:10 AM

The Sheboygan, WI market saw no change in new home closings year-over-year in April, staying flat after advancing year-over-year in March from the year earlier. New home closings moved from 2 a year earlier to 2 after the figure moved from none in March 2013 to 1 in March 2014. Closings remained level at 2 from a year earlier after the figure moved from none in March 2013 to 1 in March 2014.

New home closings were 2 out of the 150 total closings, a move on a percentage basis from 2 of 164 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 of new homes was $484,150, an increase from $138,000 a year earlier. This followed a shift to an average price of $271,900 in March 2014 after there were no closings in March 2013.

From the year-ago figure of $90,891, the average mortgage size on new homes moved up to $382,500.

Other Market Trends

As a share of new home closings, single-family home closings have risen from last year while the share belonging to attached units has fallen.

 
 
 

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