Latest Market Data of Manitowoc County wide Real Estate vs 2008 is as follows:
August 2009 Median Sales Price: $127,900 (2008) vs. $105,000 (2009)
(August Average 2009 vs 2008 is: down - 17.9% in (Median Sales Price) which is down from the previous month
Year to date: Median Sales Price (2008) $110,000 vs (2009) $100,00 Average down -9.1% year to date which is up from a month ago
Market is still down year to date but is showing signs of moving upward from our previous low in April 2009 where the local market has appeared to have bottomed out at a negative -31%. We have now had 4 straight months of median sales prices higher than the low of April 2009. So hopefully our local market is beginning to stabilize. We'll keep monitoring the market each month and keep you posted on how we are doing.