Now to the 35-45 acre vacant landmarket for southern Vilas county.
There are currently 21 parcels in the35-45 acre category currently on the market. The median price for these parcelsis $81197.
Over the past 2 years, 24 parcels ofthis size have sold. That equates to a burn rate of 1 parcel per month.Therefore we currently have a 21 month inventory (1 yrand 9 months). As you can see vacant land isnot a particularly liquid portion of our inventory. The median saleprice/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.
Property listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed by the Greater Northwoods Multiple Listing Service.