Southwest Wisconsin Land Sales: Turning a corner

As with Metro Milwaukee , the South Central Wisconsin area and Wisconsin real estate as a whole, sales are rebounding extremely well this first quarter.  So it is also with Southwestern WI rural land sales. Jay Frazier, Rural Property Pro in Southwest Wisconsin, reports that land sales seemed to have turned the same corner, but going further that direction with land showing a 10% price increase compared to a year ago.

 

Up 114% and prices up 10%

Total land  transactions in the first quarter of 2101 in Southwestern Wisconsin (counties of Grant, Richland, Crawford, Iowa, Lafayette, Sauk and Vermon) are up 114%

Below is a chart from Jay detailing the sales by county.

 Land Sales Grant County

# sales 1st quarter of 2012: 9 vs 2011 sales: 5

Price per acre 2012: $3,346 vs $4,663 2011

 

Land Sales Layfayette County

# sales 1st quarter of 2012: 3 vs 2011 sales: 6

Price per acre 2012: $6,053 vs $3,160 2011

 

Land Sales Richland County

# sales 1st quarter of  2012: 9 vs 2011 sales: 1

Price per acre 2012: $2,501 vs $2,331 2011

 

Land Sales Sauk County

# sales 2012: 13 vs 2011 sales: 4

Price per acre 2012: $3,255 vs $3,595 2011

 

Land Sales Crawford County

# sales 1st quarter of 2012: 2 vs 2011 sales: 1

Price per acre 2012: $1,947 vs $2,088 2011

 

Land Sales Vernon County

# sales 1st quarter of 2012: 3 vs 2011 sales: 2

Price per acre 2012: $3,857 vs $2,869 2011

 

Land Sales Iowa County

# sales 1st quarter of 2012: 6 vs 2011 sales: 2

Price per acre 2012: $3,844 vs $3,725 2011

 

Per Jay’s research, rural land in WI may have turned a corner.  See much more details at his Southwest Wisconsin real estate blog. You can search for rural land for sale in Wisconsin at Jay’s site or firstweber.com.

 Jay Frazier, First Weber Group Muscoda

Thanks for reading the First Weber Wisconsin real estate and Wisconsin living blog for information on rural land sales in Southwest Wisconsin

 

Chart courtesy of Jay Frazier

Photo credit : http://www.flickr.com/photos/bitterroot/199570537/

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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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