Is Shorewood Hills, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shorewood Hills is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Shorewood Hills has remained a Seller's Market.

Key Takeaway

Shorewood Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Shorewood Hills, WI

How much do homes in Shorewood Hills, WI cost?

Median Sold Price

$1,564,500

$387/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$264,500(+20.3%)

Key Takeaway

Homes in Shorewood Hills have sold for 20.3% more than they did a month ago.

Summary: The median home sold price in Shorewood Hills was $1,564,500 in November 2024, up 20.3% from last month, and the median price per square foot was $387.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.2M-
N/A
4 $1.3M$829K
-38.6%
5+ -$2.3M
N/A

Summary: Shorewood Hills housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 38.6%, and 5+ bedroom homes did not change.

Housing Supply in Shorewood Hills, WI

How many homes are available in Shorewood Hills, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
53-40.0%

Summary: The Shorewood Hills real estate market had 3 homes for sale in November 2024, a 40.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The Shorewood Hills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shorewood Hills, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Shorewood Hills in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Shorewood Hills, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Shorewood Hills, WI

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