If you’re considering buying or selling a 2-story home in Badger South, it’s crucial to understand the latest market trends. Over the past year, this segment of the housing market has experienced pricing shifts, fluctuating market activity, and evolving buyer-seller dynamics. Let’s dive into the data and see what it means for you.
Market Activity: Listings & Sales Trends
Past 12 Months:
- 17 total listings came to market, averaging one new listing every 21.5 days.
- 10 homes were sold, meaning a sale occurred approximately every 36.5 days.
- Homes spent an average of 78 days on the market, with a median of 69 days.
Recent Trends:
- In February 2025, 3 new listings were recorded, showing an increase in inventory.
- In March 2025 (current month so far), 1 new listing has come to market.
- Sales activity remains limited, with only 5 homes sold year-to-date, indicating a cautious buyer environment.
Pricing Trends: Are Home Values Holding Steady?
Listing Prices:
- Over the past year, the average original listing price was $611,600, with a median of $591,950.
- The lowest original listing price was $515,000, while the highest reached $849,900.
- February listings had an average price of $709,967, higher than the annual average.
- The most recent March listing is priced at $549,000, suggesting pricing fluctuations based on home size and features.
Final Sale Prices:
- The average final sale price over the past 12 months was $560,940, with a median of $557,500.
- The highest recorded final sale price was $630,000, while the lowest was $499,000.
- On average, homes sold for about 91.7% of their original listing price, indicating some negotiation power for buyers.
Price Per Square Foot:
- Over the past year, the average price per square foot was $230.95.
- The median price per square foot was $233.84, showing a stable price structure for 2-story homes.
- February’s price per square foot was $237.75, slightly above the yearly average, reflecting seller confidence in early 2025.
Buyer & Seller Market Conditions
The market strength for buyers and sellers can be measured using Buyer and Seller Scores:
- Over the past year, the market was moderately in favor of sellers, with a Buyer Score of 6.1 and a Seller Score of 3.9.
- Recently, in February 2025, the Buyer Score dropped to 3.8, while the Seller Score rose to 6.2, indicating a temporary seller advantage.
- However, March’s Buyer Score has climbed to 6.5, meaning buyers are regaining control.
This shift suggests that while sellers had the upper hand in early 2025, the balance is shifting toward buyers, who now have more negotiating power.
Key Takeaways for Buyers & Sellers
For Buyers:
- More listings have come to market recently, increasing available inventory.
- The rising Buyer Score suggests you have more leverage in negotiations.
- Pricing trends indicate some flexibility from sellers, making this a strong opportunity to secure a home at a competitive price.
For Sellers:
- The market is shifting toward buyers, meaning pricing must be competitive.
- Homes are still selling at strong price points, but buyer negotiations are increasing.
- Expect longer days on market and be prepared for counteroffers to attract serious buyers.
Final Thoughts
The 2-story home market in Badger South has seen a recent shift toward buyer-friendly conditions, with increased Buyer Scores and a softening Seller Score. While prices remain steady, sellers should expect a longer selling process and more price negotiations. Buyers, on the other hand, are in a better position to secure favorable deals.
For expert guidance, contact Ryan Rose at Kenmore Team for personalized market insights and real estate assistance.