Wisconsin’s hot real estate market continues into April with home sales up statewide by 8.8% over April 2015 with 7078 properties sold.
Median home prices are up 4.9% compared with last April. Median sale price for a home in Wisconsin is now $161,622.
“We are entering the fifth year of price recovery, and home prices are likely to continue in the foreseeable future,” said Mike Theo, WRA President and CEO. The median sale price in 2012 back when sale prices started to rise again was just $128,125
April sales were up in all regions of the state varying from 4-16% except the Central region with -2.7% fewer homes selling this April compared with an extremely strong April in the area last year.
Regionally, here the real estate sales recap comparing April sales and prices in 2016 vs 2015: (Source WRA)
Southeast Wisconsin/Metro Milwaukee real estate statistics
2630 homes sold in Southeast Wisconsin in April 2016, a 12.1% increase over last April. Median sales price up 2.5% to $173,000
(includes Kenosha, Milwaukee, Ozaukee, Racine, Sheboygan, Walworth, Washington and Waukesha Counties)
South Central/Southwestern Wisconsin area real estate statistics
1479 homes sold in South Central Wisconsin in April 2016 up 6.1% over last April. Median sales price up 3.2% to $190,900.
(includes Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Jefferson, Lafayette, Richland, Rock and Sauk counties )
Western Wisconsin area real estate statistics
733 homes sold in Western Wisconsin in April 2016, up 16.9% over last April. Median sales price up 9.9% to $167,000.
(includes Buffalo, Chippewa, Dunn, Eau Claire, Jackson, La Crosse, Monroe, Pepin, Pierce, St. Croix. Trempealeau and Vernon counties )
Northeast Wisconsin area real estate statistics
1247 homes sold in Northeast Wisconsin in April 2016, up 4% from last April. Median sales price up 1.4% to $133,400
(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
434 homes sold in Central Wisconsin in April 2016, down 2.7% from last April. Median sales price down 4.8% to $109,700.
(includes Adams, Clark, Juneau, Marathon, Marquette, Portage, Waushara and Wood counties )
Northwoods Wisconsin real estate statistics
544 homes sold in Northwoods Wisconsin in April, up 12.9% over last April. Median sales price up 4.1% to $130,000.
(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.
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First Weber sells real estate throughout Wisconsin: Metro Milwaukee and Southeastern WI, South Central Wisconsin/Greater Madison, Southwestern WI, Western WI & parts of MN, 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
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