Wausau, Central Wisconsin real estate update from First Weber Group

February 23, 2011

Home sales in Wisconsin were up 16% statewide in January 2011 and 25% in the Wausau metropolitan area.  Low interest rates and an abundance of homes makes it an attractive time to buy.  "There are people saying ‘We’re not going to get a better deal than this. We need to move,’ " said Ron Zahrt, President of First Weber in Wausau in a wausaudailyherald.com article.

A good month or two doesn’t mean the housing slump is over but it is certainly a step in the right direction and agents have been busy – saying many clients seem to be more confident which in turn has led people to look for new homes.  "Move up buyers are getting amazing deals," Mike Zahrt says.  Feel free to search for what’s available in the Wausau real estate market at firstweber.com.

The rest of Central Wisconsin echoes statewide numbers with prices down and sales up. Wisconsin’s Home Affordability Index is up to 244.  Numbers below courtesy of the Wisconsin Realtors Association.

Region County Median price 1/2011 Median Price 1/2010 % change Sales 1/2011 Sales 1/2010 % change
Central WI Adams $76,500 $97,000 -21.1% 20 17 17.6%
Central WI Clark NA NA NA 6 4 50%
Central WI Juneau $50,000 $56,490 -11.5% 11 10 10%
Central WI Marathon $115,500 $129,500 -10.8% 64 44 45.5%
Central WI Marquette $145,000 NA NA 11 6 83.3%
Central WI Portage $134,250 $164,000 -18.1% 14 19 -26.3%
Central WI Waushara NA NA NA 8 8 0%
Central WI Wood $81,000 $96,000 -15.6% 32 25 28.8%
Central WI Regional Total $110,450 $107,500 2.7% 166 133 24.8%

Numbers can vary widely by community.  If you’d like specific information on a community in Central or North Central Wisconsin, please contact Ron or Mike Zahrt or search for another First Weber office in the area.

Thank you for reading the First Weber Wisconsin real estate & Wisconsin living blog for an update on Central Wisconsin real estate.

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