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Door County Hotel Condo Report- 7/31/2008
Northern Door County - Sales Reported to the Door County MLS*

Summary
Hotel condo buyers appear to be on strike - only six units have sold so far this year.  If you're a risk taker, finding a unit with good rental history and a "motivated" seller might prove to be a good combination.  It's beautiful here - come on up and look around! The gas cost will probably be less than the price of one good dinner out...
YTD
Sold
Number of
Properties
$ Value
 Millions
Avg. Days
on Market
2006
20
2.2
223
2007
24
2.8
282
2008
6
0.5
276
  

  Only six units have
  sold so far this
  year...
 

  while the supply
  remains high
  compared to sales.

  Market time is
  starting to grow.
Assistance?
Part of my job is to be on top of the market, and to see how these statistics may lend insight to your particular real estate situation. I can provide complete information for units available for sale if you're buying, or the selling prices of comparable units if you're selling, including units in your hotel or neighborhood. Let me help you with your real estate needs. Give me a call or email - see CONTACT JIM

* "Northern Door County" means all property north of the Sturgeon Bay ship canal, except for those properties within the city limits of Sturgeon Bay and Washington Island, as reported to the Door County Multiple Listing Service. Neither the Door County Board of Realtors nor its Multiple Listing Service guarantees or is in any way responsible for the accuracy of the data which is supplied by Realtor member agencies. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. A seller may direct their Realtor to not report their sale to the MLS. Private sales (those with no Realtor involvement) are not included in these statistics.