77 of the 150 metropolitan areas tracked by the National Association of Realtors show modest home price increases since last year, despite a drop in the number of sales that resulted after the expiration of the tax credit.
Let’s take a look at the breakdown and consider ourselves fortunate: Milwaukee and Madison are 2 of those 77 areas which saw price increases.
Milwaukee, Wisconsin saw a 4.9% increase in single family median home sale prices in the third quarter of 2010 versus third quarter 2009.
Madison, Wisconsin posted an even higher gain of 6.4% during the same time frame.
2 metro areas showed no change over last year
77 metro areas had drops in median sale price