Strong home sales in Wisconsin for May helped boost prices up, according to the most recent statistical report released by the Wisconsin REALTORS??Association (WRA).?The sale of existing homes in May increased 18.2 percent over last May, now the 23rd straight month of positive sales growth in Wisconsin, which helped push the median price up 4.3 percent to a statewide median of $144,000.
?These are very positive signals and represent an uptick from the pace of sales established in the first four months of the year,? said Renny Diedrich, chairman of the WRA board of directors. Existing home sales rose 10.3 percent from January through April this year compared to that same four-month period in 2012. ?There?s no doubt consumer demand has been strong over the last couple of years, but now we?re also seeing sellers jump back in the market as well,? Diedrich said.
?Prices showed solid but sustainable growth,? said Michael Theo, WRA President and CEO. ?We saw some large increases in median prices in March and April, so it?s good to see more modest increases in May.?
Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. As you probably have heard, home sales & prices have been increasing over the past few years. Both Dane and Rock counties are showing marked improvements in the number of homes sold and the price at which they are being sold at. This spring has been really hot for the properties that are priced right! There?s been a large increase in the number of home sold, as you can see below.
If you would like some insight into how much your home is currently worth, I would be happy to provide you with a free comparative market analysis. This is a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market.?Has your home value?fallen?below?what you currently owe??A?short sale?may be right for your situation. Visit the following page on?Wisconsin Short Sales.
Housing Statistics for the State of Wisconsin:
May 2013
Home Sales: 7,403
Median Home Price: $144,000
May?2012
Home Sales: 6,181
Median Home Price: $138,000
Housing Statistics for Dane County, WI:
May 2013
Home Sales: 925
Median Home Price: $207,000
May?2012
Home Sales: 623
Median Home Price: $211,000
Housing Statistics for Rock County, WI:
May?2013
Home Sales: 205
Median Home Price: $114,000
May?2012
Home Sales: 173
Median Home Price: $100,000
View my report from last month.?Wisconsin April 2013 Housing Statistics
Google+Source: http://blog.rockrealtywi.com/wisconsin-2013-housing-statistics/
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