March Oshkosh Real Estate Reports

The real estate reports are out for March in Oshkosh. As was expected Oshkosh's market keeps plodding a long. It is down a tiny bit, but when compared to many markets we are downright robust.

Compared with March of last year 81 residences were sold this march, while 97 sold a year ago, but the average sale price was UP almost $4000. The days on market (DOM) expanded by 11 extra days (160 to 171) but we are still getting almost 96% of our listing price on average. Not too darn bad for a "really down market."

And remember all the talk about how many houses are on the market? Just drive around town and it seems that every block has multiple houses for sale. Is this reality or just over over tuned imagination? Check the numbers. At the end of last March Oshkosh had 2000 homes on the market (1198). As of March 31, 2008 our inventory of residences is down more than 130 homes (1060).

As an agent showing a lot of homes this week I can assure you the number of homes available is down. We need more folks to gain confidence in our local market and take the plunge. Now is not only a great time to buy but it is a great time to sell.

I have more of the report and my analysis on the OshkoshNeighborhoods.com website. Venture over and have a look.