Westford, WI Real Estate

Westford Homes for Sale

Westford is a town in Dodge County, Wisconsin with approximately 1,400 residents. It is near Beaver Dam. The median home cost in Wesford is $185,400.

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Market Conditions

Market Conditions for Westford

May 2019

Median Sale Price
$194,000

 DOWN -35.65%
vs. Month Ago
Homes for Sale
7

 UP 75.00%
vs. Month Ago
Homes Sold
2

 DOWN -60.00%
vs. Month Ago
Avg Days on Market
10

 DOWN -96.01%
vs. Month Ago

Median Sale Price

The median sale price for homes in May was $194,000. The median sales price for homes in May fell by ($107,500) compared to last month. This represents a 35.65% decrease from April. Compared to the same month last year, the median price of homes fell by ($82,250) representing a -29.77% 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 rose by 3 in May to 7. This represents 75% increase from April when 4 homes were on the market. Compared to the same month last year when there were 1 homes for sale, the inventory of homes for sale has risen by 6 representing a 600% 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 2 homes sold in May was 3 less than in April. This represents a 60% decrease in sales from April. Compared to the same month last year, the number of homes sold decreased by 2, a -50% year-over-year decrease.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Avg Days on Market

The average days on market for a home sold in May (10) decreased by 241 days compared to April. This represents a 96.01% decrease 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 decreased by 215, a -95.55% 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 96.34% in May rose by 10.62% compared to April and increased 3.3% 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 May (3) remained level Compared to May 2018, the number of new listings remained level

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 May was $185,000. The median list price for homes in May rose by $35,100 compared to last month. This represents a 23.41% increase from April. Compared to the same month last year, the median list price of homes decreased ($39,000) representing a -17.41% 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.




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