South Central WI real estate update with First Weber Group


Expectations for Wisconsin real estate in 2012 are optimistic and the first 2 months of the year show South Central Wisconsin up 17% over last year year to date.  February’s Dane County home sales are up 17.8% over last February, and across the South Central MLS system, home sales are up 20.5% over last February.  Agents are reporting be busier than ever, website hits are up  as are showings.   Looks like the busy Spring market arrived early this year.


New listings were up slightly in February, but are at their lowest level since 2003 for Dane County and since 2006 for the whole South Central Wisconsin MLS area.  A reduction in homes for sale inventory is one step towards a more balanced real estate market. The price range with the most residential homes for sale is $200,000-$249,900 with 1,103 properties on the market.


Dane County Median home sale price: 

February 2012: $188,875

February 2011: $198,500

February 2101: $196,750


8 County area median home sale price:

February 2012: $143,500

February 2011: $141,000

February 2101: $165,000


Sales by county:

Columbia County 2012 YTD sales:     36  vs 27 last year at this time

Dane County 2012 YTD sales:     232  vs 197 last year at this time

Dodge County 2012 YTD sales:   28  vs 39 last year at this time

Grant County 2012 YTD sales:    12  vs 14 last year at this time

Green County 2012 YTD sales:    27  vs 23 last year at this time

Iowa County 2012 YTD sales:    10  vs 5 last year at this time

Rock County 2012 YTD sales:     109  vs 38 last year at this time

Sauk County 2012 YTD sales:      42  vs 29 last year at this time


Sales have been up for months and spring is now here.  Buyers may recognize the great opportunities and no longer be willing to wait to get into a great home at a great price.  Cash sales are also WAY up, a sign investors have entered the market in force, and also that lending practices are still tough.

Buyers: If you have been waiting, now may be the time for you jump in. See what is for sale at today

Sellers:  Price right to take advantage of the Wisconsin homebuyer activity. Check out your competition at today.


Thanks for reading the First Weber Wisconsin real estate and Wisconsin living blog for an update on South Central WI real estate sales.

Data source: South Central WI Multiple listing service


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