35-45 Acre Parcels in Southern Vilas County

Vacant Land - Posted On 05/09/2018 01:59 PM

Now to the 35-45 acre vacant land market for southern Vilas county.

There are currently 21 parcels in the 35-45 acre category currently on the market. The median price for these parcels is $81197.

Over the past 2 years, 24 parcels of this size have sold. That equates to a burn rate of 1 parcel per month. Therefore we currently have a 21 month inventory (1 yr  and 9 months). As you can see vacant land is not a particularly liquid portion of our inventory. The median sale price/parcel for the past 2 years was $69450 and the median list price was $79950. In other words, parcels were selling for about 87% of their list price.

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