Wisconsin real estate sales showed great signs of improvement in both the number of sales of existing homes and in median prices.
Home sales in March increased 16.1% compared with March of last year. Median prices increased 8.8% over last March as well, according to data released by the Wisconsin REALTORS Association.
“The market is definitely heating up, and it couldn’t come at a better time as we move into the prime homebuying season,” said Dan Kruse, WRA board chairman. Media prices rose to $149,00 in March. “We’ve seen consistent upward movement in home prices this year, and March was the strongest so far,” said WRA President and CEO Michael Theo.
Spring is always busy so if you are thinking about selling or buying real estate in Wisconsin, we’d be honored to assist you.
Regionally, here the real estate sales recap comparing sales and prices in 2015 vs 2014: (Source WRA)
Southeast Wisconsin/Metro Milwaukee real estate statistics
(includes Kenosha, Milwaukee, Ozaukee, Racine, Sheboygan, Walworth, Washington and Waukesha Counties)
1746 homes sold in March 2015, a 17.4% increase from last year at this time. Median sales prices up 9.6%.
South Central/Southwestern Wisconsin area real estate statistics
(includes Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Jefferson, Lafayette, Richland, Rock and Sauk counties )
983 homes sold in March 2015, a 14.9% increase from last year at this time. Median sales prices up 7.9%.
Northeast Wisconsin area real estate statistics
(includes Brown, Calumet, Door, Fond du Lac, Green Lake, Kewaunee, Manitowoc, Marinetter, Menominee, Oconto, Outagamie, Shawano, Waupaca and Winnebago counties )
826 homes sold in March 2015, a 18.4% increase from last year at this time. Median sales prices up 3%.
Central Wisconsin area real estate statistics
(includes Adams, Clark, Juneau, Marathon, Marquette, Portage, Waushara and Wood counties )
316 homes sold in March 2015, a 7% decrease from last year at this time. Median sales prices up 3.1%.
Northwoods Wisconsin real estate statistics
(includes Ashland, Barron, Bayfield, Burnett, Douglas, Florence, Forest, Iron, Langlade, Lincoln, Oneida, Polk, Price, Rusk, Sawyer, Taylor, Vilas and Washburn counties )
365 homes sold in March 2015, a 12.6% increase from last year at this time. Median sales prices up 9%.
These numbers from The Wisconsin Realtors Association paint a general picture of the state of real estate in Wisconsin. To see the details of your community or even your neighborhood, connect with a First Weber real estate agent for a free consultation or discussion. They are happy to share local data with you.
To see Wisconsin real estate for sale, please visit firstweber.com and download our free real estate apps.
First Weber sells real estate throughout Wisconsin: Metro Milwaukee and Southeastern WI, South Central Wisconsin/Greater Madison, Central Wisconsin, Northeast Wisconsin andWisconsin’s great Northwoods. You can start searching for Wisconsin real estate and Wisconsin real estate agents at firstweber.com
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