2016 will be a tough year to top as it was a record-breaker. We are, however, plowing into 2017 strong, especially on median sales prices. Lack of inventory remains an issue, especially in the metropolitan counties, with just 3.2 months of inventory there. 6 months is considered balanced. Listings are selling very quickly and we’d love to talk to you if you have been thinking of selling your home.
Regionally, here is the real estate sales recap comparing sales and prices in January 2017 vs January 2016: (Source WRA)
Southeast Wisconsin/Metro Milwaukee real estate statistics
1375 homes sold in Southeast Wisconsin in January 2017, a 2% increase over last year. Median sales price up 6.2% to $163,000.
(includes Kenosha, Milwaukee, Ozaukee, Racine, Sheboygan, Walworth, Washington and Waukesha Counties)
South Central/Southwestern Wisconsin area real estate statistics
756 homes sold in South Central Wisconsin in January 2017, up 5.1% over last January. Median sales price up 2.5% to $185,250.
(includes Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Jefferson, Lafayette, Richland, Rock and Sauk counties )
Western Wisconsin area real estate statistics
368 homes sold in Western Wisconsin in January 2017, up .3% over last January. Median sales price up 7% to $162,500.
(includes Buffalo, Chippewa, Dunn, Eau Claire, Jackson, La Crosse, Monroe, Pepin, Pierce, St. Croix. Trempealeau and Vernon counties )
Northeast Wisconsin area real estate statistics
694 homes sold in Northeast Wisconsin in January 2017, down 1.8% from last January. Median sales price up 11.6% to $145,000
(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
240 homes sold in Central Wisconsin in January 2017, up 3 % over last January. Median sales price down .6% to $112,000.
(includes Adams, Clark, Juneau, Marathon, Marquette, Portage, Waushara and Wood counties )
Northwoods Wisconsin real estate statistics
354 homes sold in Northwoods Wisconsin in January 2017, even with last January. Median sales price down 2.6% to $127,000.
(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.
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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