Wisconsin’s hot real estate market continues into February with home sales up statewide by 4.1% over February 2015 and 3666 properties sold.
Median home prices are up 6.8% compared with last February. Median sale price for a home in Wisconsin is now $146,800.
February sales were up in all regions of the state varying from 1.8-3.6% except the Northwoods which saw a huge increase of 16.8%, most likely due to the mild winter. It points to a potentially very strong upswing in the second home market for which the Northwoods is known for.
Regionally, here the real estate sales recap comparing February sales and prices in 2016 vs 2015: (Source WRA)
Southeast Wisconsin/Metro Milwaukee real estate statistics
1344 homes sold in Southeast Wisconsin in February 2016, a 3.6% increase over last February. Median sales price up 5%.
(includes Kenosha, Milwaukee, Ozaukee, Racine, Sheboygan, Walworth, Washington and Waukesha Counties)
South Central/Southwestern Wisconsin area real estate statistics
719 homes sold in South Central Wisconsin in February 2016 up 1.3% over last February. Median sales price down 1%.
(includes Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Jefferson, Lafayette, Richland, Rock and Sauk counties )
Western Wisconsin area real estate statistics
353 homes sold in Western Wisconsin in February 2016, up 3.5% over last February. Median sales price up 1.7%.
(includes Buffalo, Chippewa, Dunn, Eau Claire, Jackson, La Crosse, Monroe, Pepin, Pierce, St. Croix. Trempealeau and Vernon counties )
Northeast Wisconsin area real estate statistics
676 homes sold in Northeast Wisconsin in February 2016, up 3.5% from last February. Median sales price up 12.4%
(includes Brown, Calumet, Door, Fond du Lac, Green Lake, Kewaunee, Manitowoc, Marinette, Menominee, Oconto, Outagamie, Shawano, Waupaca and Winnebago counties )
Central Wisconsin area real estate statistics
228 homes sold in Central Wisconsin in February 2016, up 2.7% over last February. Median sales price up 5.7%.
(includes Adams, Clark, Juneau, Marathon, Marquette, Portage, Waushara and Wood counties )
Northwoods Wisconsin real estate statistics
340 homes sold in Northwoods Wisconsin in February, up 16.8% over last February. Median sales price up 31.8%.
(includes Ashland, Barron, Bayfield, Burnett, Douglas, Florence, Forest, Iron, Langlade, Lincoln, Oneida, Polk, Price, Rusk, Sawyer, Taylor, Vilas and Washburn counties )
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, Southwestern WI, Western WI, 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
Thanks for reading the First Weber Wisconsin real estate & Wisconsin living blog.