Wisconsin real estate sales in August continued to improve in all regions. Median sale prices also rose almost 3%, the sixth month of price increases statewide. An inventory of approximately 60,000 properties for sales across Wisconsin in August is historically still a little elevated, but a far cry from over 72,000 Wisconsin properties for sale in August of last year. This declining inventory of homes for sale should help home prices continue to improve.
Home affordability in Wisconsin continues to remain high, helped by the fact 30 year fixed mortgage interest rates have been under 4% all year.
Compared to this time last year:
(Kenosha, Milwaukee, Ozaukee, Racine, Sheboygan, Walworth, Washington and Waukesha counties)
Median sale prices up 1.9%, Sales up 17.7%
South Central WI
(Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Jefferson, Lafayette, Richland, Rock and Sauk counties)
Median sale price up 1.6%, Sales up 23.1%
(Brown, Calumet, Door, Fond du Lac, Green Lake, Kewaunee, Manitowoc, Marinette, Menominee Oconto, Outagamie, Shawno, Waupaca, Winnebago counties)
Median sale price up 2.6%, Sales up 17.7%
(Adams, Clark, Juneau, Marathon, Marquette, Portage, Waushara, Wood counties)
Median sale down 1.8%%, Sales up 15.7%
(Ashland, Barron, Bayfield, Burnett, Douglas, Florence, Forest, Iron, Langlade, Lincoln, Oneida, Polk, Price, Rusk, Sawyer, Taylor, Vilas and Washburn counties)
Median sale price up 11%%, Sales up 36%
To see what is for sale in Wisconsin in your price range, please search at firstweber.com or try our Wisconsin real estate map search. First Weber sells real estate throughout Wisconsin:Metro Milwaukee and Southeastern WI, South Central Wisconsin/Greater Madison,Central Wisconsin, Northeast Wisconsin and Wisconsin’s great Northwoods. You can start searching for Wisconsin real estate and Wisconsin real estate agents at firstweber.com