11 Years of Sawyer County Residential Sales

Hopefully you will find the information in the table and graph below interesting; it is sales data for the past eleven years from 2001 through 2011. The numbers provided here are gathered from the Multiple Listing Service and specific to Sawyer County; the sales and averages do not take into account sales that occurred between parties that did not have their homes listed on the MLS.

All of us have an opinion about the value of our own homes and residential property in general. What strikes me is that if we remove the spike down in 2008-2009 (see the graph), and look at 2011 median or average price, we find that values have returned to or are near 2006-2007 levels. Actually 2011 numbers look pretty good compared to the early part of the 2000 decade; we are well above values ten years ago.

If you have owned your home a long time, you have had the opportunity to enjoy it and see it appreciate. The problem is that we too often get caught up talking about the inflated numbers of 2006-2007 or the lower values in 2009. Total sales are certainly off compared to the middle of the decade but even those have leveled off while average and median values have increased. From my perspective, the glass is half full.

Gary Nathan

Life is a Gift...Live It!