Fond du Lac’s real estate remains a hot commodity this summer in a banner year for residential sales.
Fewer homes are available in the city and surrounding area and more people are looking to buy, driving prices upward. According to the city assessor’s office, many offers to purchase are coming in at tens of thousands of dollars over asking price.
In May alone, the office recorded 120 real estate transfers, compared to 87 in the same month last year. Through May of this year, 525 real estate transfers were conducted compared with 485 during that same period in 2020.
In his two decades working in the industry, Kevin Jones, co-owner of Adashun Jones Real Estate, said he’s never seen anything like the current market.
“We’re seeing multiple offers and opportunities for sellers to choose the offer that presents the best outcome for their goals of selling quickly and seamlessly,” Jones said. “Often times the sellers are giving each buyer the…