DePere, WI Real Estate

DePere Properties

DePere is a suburb of Green Bay and has a population of approximately 20,000 residents. De Pere’s historic downtowns offer unique shopping, casual and fine dining and live entertainment including a comedy theatre and a variety of music. Modern business parks are found on over 1,400 acres. Humana is the area’s largest employer.

DePere is the only city in Wisconsin with two school districts. This is because at one time the area on each side of the Fox River were separate municipalities and while today it is one, the school districts remain. In addition to the public schools DePere has an international school, a special needs school, Montessori and parochial schools, and is also home to nationally recognized Saint Norbert College.

The city’s Park, Recreation and Forest Department provides activities for all ages while maintaining over 400 acres of parks, two out-door pools, three boat launches and a community center.

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Market Conditions

Market Conditions for DePere

November 2016

Median Sale Price
$150,000

 DOWN -5.95%
vs. Month Ago
Homes for Sale
102

 DOWN -4.67%
vs. Month Ago
Homes Sold
15

 DOWN -34.78%
vs. Month Ago
Avg Days on Market
89

 UP 14.10%
vs. Month Ago

Median Sale Price

The median sale price for homes in November was $150,000. The median sales price for homes in November fell by ($9,500) compared to last month. This represents a 5.95% decrease from October. Compared to the same month last year, the median price of homes rose by $12,500 representing a 9.09% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale

The inventory of homes for sale fell by 5 in November to 102. This represents 4.67% decrease from October when 107 homes were on the market. Compared to the same month last year when there were 137 homes for sale, the inventory of homes for sale has fallen by 35 representing a -25.54% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold

The inventory of homes for sale fell by 5 in November to 102. This represents 4.67% decrease from October when 107 homes were on the market. Compared to the same month last year when there were 137 homes for sale, the inventory of homes for sale has fallen by 35 representing a -25.54% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Avg Days on Market

The average days on market for a home sold in November (89) increased by 11 days compared to October. This represents a 14.1% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold increased by 5, a 5.95% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

The Sale/List Price Ratio of 94.86% in November fell by 5.09% compared to October and decreased 1.91% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes

The number of homes listed in November (21) fell by 6 compared to October, a 22.22% change. Compared to November 2015, the number of new listings decreased by 5, a -19.23% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Homes

The median list price in November was $179,900. The median list price for homes in November fell by ($15,100) compared to last month. This represents a 7.74% decrease from October. Compared to the same month last year, the median list price of homes decreased ($10,000) representing a -5.26% year-over-year decrease.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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