Wisconsin real estate sales in the first month of 2015 fell slightly compared to last year at this time, down 3.7%, yet median prices continued to grow at a steady rate, up 6.5%.
Home prices have risen 34 of the last 35 months and mortgage rates remain low. Some markets are experiencing a shortage of homes to sell. Spring is always busy so if you are thinking about selling or buying real estate in Wisconsin, we’d be honored to assist you.
Regionally, here the real estate sales recap comparing sales and prices in 2015 vs 2014: (Source WRA)
Southeast Wisconsin/Metro Milwaukee real estate statistics
(includes Kenosha, Milwaukee, Ozaukee, Racine, Sheboygan, Walworth, Washington and Waukesha Counties)
1184 homes sold in January 2015, a 7% decrease from last year at this time. Median sales prices up 7.9%.
South Central/Southwestern Wisconsin area real estate statistics
(includes Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Jefferson, Lafayette, Richland, Rock and Sauk counties )
658 homes sold in January 2015, a 0.8% increase from last year at this time. Median sales prices up 10.4%.
Northeast Wisconsin area real estate statistics
(includes Brown, Calumet, Door, Fond du Lac, Green Lake, Kewaunee, Manitowoc, Marinetter, Menominee, Oconto, Outagamie, Shawano, Waupaca and Winnebago counties )
555 homes sold in January 2015, a 11.6% decrease from last year at this time. Median sales prices up 9.6%.
Central Wisconsin area real estate statistics
(includes Adams, Clark, Juneau, Marathon, Marquette, Portage, Waushara and Wood counties )
216 homes sold in January 2015, a 24% increase from last year at this time. Median sales prices up 14%.
Northwoods Wisconsin real estate statistics
(includes Ashland, Barron, Bayfield, Burnett, Douglas, Florence, Forest, Iron, Langlade, Lincoln, Oneida, Polk, Price, Rusk, Sawyer, Taylor, Vilas and Washburn counties )
327 homes sold in January 2015, a 1.9% increase from last year at this time. Median sales prices down 8.2%.
These numbers from The Wisconsin Realtors Association paint a general picture of the state of real estate in Wisconsin. To see the details of your community or even your neighborhood, connect with a First Weber real estate agent for a free consultation or discussion. They are happy to share local data with you.
To see Wisconsin real estate for sale, please visit firstweber.com and download our free real estate apps.
First Weber sells real estate throughout Wisconsin: Metro Milwaukee and Southeastern WI, South Central Wisconsin/Greater Madison, Central Wisconsin, Northeast Wisconsin andWisconsin’s great Northwoods. You can start searching for Wisconsin real estate and Wisconsin real estate agents at firstweber.com
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