We continue with another strong month of Wisconsin real estate sale in July, with both existing home sales and median prices higher than at this time last year.
“This is the strongest spring and early summer sales volume we’ve seen since before the recession, ” said Dan Kruse, WRA board chairman.
Inventory remains tight and if you have been thinking of selling, contact your First Weber agent to get the process started. Great houses priced and presented well may see multiple, competing offers.
For buyers, there are nice opportunities available, yet be prepared to move quickly. Working with an experienced real estate agent who knows the market is the best way to do that.
Regionally, here the real estate sales recap comparing sales and prices in July 2015 vs 2014: (Source WRA)
Southeast Wisconsin/Metro Milwaukee real estate statistics
(includes Kenosha, Milwaukee, Ozaukee, Racine, Sheboygan, Walworth, Washington and Waukesha Counties)
3042 homes sold in July 2015, a 11.9% increase from last year at this time. Median sales prices up 4.7% to $178,000 for the metro Milwaukee area.
South Central/Southwestern Wisconsin area real estate statistics
(includes Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Jefferson, Lafayette, Richland, Rock and Sauk counties )
1928 homes sold in July 2015, a 21.8% increase from last year at this time. Median sales prices are stable at $190,000 for the South Central region of Wisconsin.
Northeast Wisconsin area real estate statistics
(includes Brown, Calumet, Door, Fond du Lac, Green Lake, Kewaunee, Manitowoc, Marinette, Menominee, Oconto, Outagamie, Shawano, Waupaca and Winnebago counties )
1524 homes sold in July 2015, a 30% increase from last year at this time. Median sales prices up 5.6% to $142,000 for the Northeast region of Wisconsin.
Central Wisconsin area real estate statistics
(includes Adams, Clark, Juneau, Marathon, Marquette, Portage, Waushara and Wood counties )
514 homes sold in July 2015, a 5.8% increase from last year at this time. Median sales prices up 6.2% to $128,000 for the Central region of Wisconsin.
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 )
782 homes sold in July 2015, a 12.5% increase from last year at this time. Median sales prices up 3.8% to $135,000 for the Northwoods area of Wisconsin.
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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