Wisconsin home sales continue double digit climb

 

Wisconsin home sales continue to improve, with March sales being up 25% over March 2011, according to the Wisconsin REALTORS Association.  South Central WI and Metro Milwaukee real estate also showed large growth in home sales.

 

While the milder winter may have contributed a bit to the growth in sales, it is important to note that home sales have been on the rise in Wisconsin for the last nine months.  All areas of Wisconsin have seen great improvement.

 

Take a look at home sales and prices by Wisconsin region during the first quarter compared to last year’s first quarter:

Southeastern Wisconsin (Kenosha, Milwaukee, Ozaukee, Racine, Sheboygan, Walworth, Washington and Waukesha Counties)

Sales up 20.8%, median price down 4.2%

 

South Central WI (Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Jefferson, Lafayette, Richland, Rock, Sauk Counties)

Sales up 19.8%, median price down 3.4%
Northeast WI (Brown, Calumet, Door, Fond du Lac, Green Lake, Kewaunee, Manitowoc, Marinette, Menomonee, Oconto, Outagamie, Shawno, Waupaca, Winnebago Counties)

Sales up 26.3%, median price up 2.7%

 

Central WI (Adams, Clark, Juneau, Marathon, Marquette, Portage, Waushara, Wood counties)

Sales up 14%, median price up .2%

 

Northwoods Wisconsin (Ashland, Barron, Bayfield, Burnett, Douglas, Florence, Forest, Iron, Langlade, Lincoln, Oneida, Polk, Price, Rusk, Sawyer, Taylor, Vilas, Washburn counties)

Sales up 12.4%, median price down 6.6%

 

Months of inventory is down, affordability index also down

In addition to increased sales over the last nine months, months of inventory is down and the affordability index is also down by 20 points from last month.  Make sure your home is priced just right and presents very well to take advantage of this increased buyer activity!  To see what homes have sold for in your neck of Wisconsin, please do a sold search at firstweber.com.  (Because of Multiple listing service rules, some MLS systems require yo to register for a free myFirstWeber account before viewing sold data. )

 

Thanks for reading the First Weber Wisconsin real estate & Wisconsin living blog for an update on the Wisconsin housing market. To find a First Weber agent or office, or search for Wisconsin real estate for sale, please search firstweber.com

 

 

About Katie Huebschen

Posted by Katie Huebschen, Marketing Manager, on behalf of First Weber Group Realtors, Wisconsin's #1 Independent Real Estate Team. Connect on google+ Google Google+ FirstWeberGroupREALTORS

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