Another month of sales slipping due to lack of inventory to actually sell. Home prices rose 6% compared to last year at this time. Some regions saw double digit price growth compared to sale prices last year at this time. New listings down statewide by 8%. Those looking to sell now will benefit from the strong demand and the low supply of homes for sale. Contact your First Weber agent to get in on the action.
Regionally, here is the real estate sales recap comparing sales and prices in February 2017 vs February 2016: (Source WRA)
Southeast Wisconsin/Metro Milwaukee real estate statistics
1333 homes sold in Southeast Wisconsin in February 2017, a 2.9% decrease from last February. Median sales price up 7.8% to $161,750.
(includes Kenosha, Milwaukee, Ozaukee, Racine, Sheboygan, Walworth, Washington and Waukesha Counties)
South Central/Southwestern Wisconsin area real estate statistics
711 homes sold in South Central Wisconsin in February 2017, down 2.6% from last February. Median sales price up 14.5% to $98,000.
(includes Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Jefferson, Lafayette, Richland, Rock and Sauk counties )
Western Wisconsin area real estate statistics
324 homes sold in Western Wisconsin in February 2017, down 9.5% from last February. Median sales price up 6.4% to $157,000.
(includes Buffalo, Chippewa, Dunn, Eau Claire, Jackson, La Crosse, Monroe, Pepin, Pierce, St. Croix. Trempealeau and Vernon counties )
Northeast Wisconsin area real estate statistics
666 homes sold in Northeast Wisconsin in February 2017, up 6% over last February. Median sales price up 3.1% to $132,000
(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
202 homes sold in Central Wisconsin in February 2017, down 11.4% from last February. Median sales price down 15% to $97,750.
(includes Adams, Clark, Juneau, Marathon, Marquette, Portage, Waushara and Wood counties )
Northwoods Wisconsin real estate statistics
325 homes sold in Northwoods Wisconsin in February 2017, down 4% from last February. Median sales price up 11.5% to $130,500.
(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.
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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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