When you look at the last eleven years of real estate in Wisconsin for several counties, it is an eye opening story. We’ll try and put things in perspective. Yes, today is not the height of the real estate market in Wisconsin by any means. But historically, we are truly not in a bad place.
Take a look at Waukesha and Dane Counties below
Waukesha County, Wisconsin
2007 Number of Home Sales 4647
2006 Number of Home Sales 5107
2005 Number of Home Sales 5287
2004 Number of Home Sales 4869
2003 Number of Home Sales 4590
2002 Number of Home Sales 4697
2001 Number of Home Sales 4518
2000 Number of Home Sales 3860
1999 Number of Home Sales 4287
1998 Number of Home Sales 4756
1997 Number of Home Sales 3995
More homes were sold in 2007 than 5 out of the last 11 years
Waukesha County, Wisconsin
2007 Median Sales Price $250,000
2006 Median Sales Price $253,100
2005 Median Sales Price $250,000
2004 Median Sales Price $238,100
2003 Median Sales Price $220,000
2002 Median Sales Price $202,600
2001 Median Sales Price $185,500
2000 Median Sales Price $177,700
1999 Median Sales Price $167,900
1998 Median Sales Price $160,200
1997 Median Sales Price $155,600
Sales price has risen dramatically over the last 11 years, even through this current downturn.
Dane County, Wisconsin
2007 Number of Home Sales 6468
2006 Number of Home Sales 6841
2005 Number of Home Sales 7503
2004 Number of Home Sales 7154
2003 Number of Home Sales 6704
2002 Number of Home Sales 6519
2001 Number of Home Sales 5900
2000 Number of Home Sales 5238
1999 Number of Home Sales 5654
1998 Number of Home Sales 5603
1997 Number of Home Sales 5594
In the last 11 years, 2007 was the sixth best year for number of home sales in Wisconsin
DaneCounty, Wisconsin
2007 Median Sales Price $218,700
2006 Median Sales Price $214,600
2005 Median Sales Price $208,700
2004 Median Sales Price $196,900
2003 Median Sales Price $183,100
2002 Median Sales Price $172,000
2001 Median Sales Price $158,900
2000 Median Sales Price $149,800
1999 Median Sales Price $141,100
1998 Median Sales Price $135,300
1997 Median Sales Price $124,800
Sales price has risen dramatically over the last 11 years, even through this current downturn.
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~Katie Huebschen, Data compliments of WIsconsin REALTORS Association