Wisconsin real estate sales start 2016 very strong

February 22, 2016

Wisconsin real estate sales start very strong in January.

  • Home sales were up 10.4% over January 2015 with 3659 properties sold.
  • Median home prices are up 10.1% compared with last January. Median sale price for a home in Wisconsin is now $148.700

    “We will certainly see home sales pick up into the spring, which signals a strong real estate market for the first half of 2016 and hopefully beyond,” K.C. Mauer, WRA board chairman.

  • Increased demand and rising prices have hurt home affordability a bit, but with interest rates remaining this low, there’s amazing opportunities to get into homeownership.


Regionally, here the real estate sales recap comparing  January sales and prices in 2016 vs 2015: (Source WRA)

Southeast Wisconsin/Metro Milwaukee real estate statistics

1333 homes sold in Southeast Wisconsin in January 2016, a 10.2% increase over last January.  Median sales price up 10%.

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

 

South Central/Southwestern Wisconsin area real estate statistics

709  homes sold in South Central Wisconsin  in January 2016 up 6.5%  over  last January. Median sales price up 9.2%.

(includes Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Jefferson, Lafayette, Richland, Rock and Sauk counties )

Western Wisconsin area real estate statistics

360  homes sold in Western Wisconsin  in January  2016,  up 16.1% over last January. Median sales price up 12.8%.

(includes Buffalo, Chippewa, Dunn, Eau Claire, Jackson, La Crosse, Monroe, Pepin, Pierce, St. Croix. Trempealeau and Vernon counties )

Northeast Wisconsin area real estate statistics

673 homes sold in Northeast Wisconsin  in January 2016,  up 17.2%  from last January. Median sales price up 4%

(includes Brown, Calumet, Door, Fond du Lac, Green Lake, Kewaunee, Manitowoc, Marinette, Menominee, Oconto, Outagamie, Shawano, Waupaca and Winnebago counties )

Central Wisconsin area real estate statistics

229 homes sold in Central Wisconsin  in January 2016,  up 5.5% over last January. Median sales price up 11%.

(includes Adams, Clark, Juneau, Marathon, Marquette, Portage, Waushara and Wood counties )

Northwoods Wisconsin real estate statistics

352 homes sold in  Northwoods Wisconsin  in January,  up 6.7% over last January. Median sales price up 24%.

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

 

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.

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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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