January, normally the slowest month for real estate sales, shows prices and home sales up

February 19, 2018

We begin 2018 with “not your normal January”… typically the slowest month for real estate sales. Because of continuing low inventory of homes for sale, median sale prices are up almost 7% over last January.  The number of sales closed in January topped last January by almost 3%.



“Rapid price growth is a result of high demand, fueled by a great economy and very low mortgage rates,” said WRA President and CEO,  Michael Theo.


Regionally, here is the real estate sales recap comparing  sales and prices in January 2016 vs January 2017: (Source WRA)

Southeast Wisconsin/Metro Milwaukee real estate statistics

1441 homes sold in Southeast Wisconsin in January 2017, a 2.8% increase over last year.  Median sales price up 4.8 to $162,250.

(includes Kenosha, Milwaukee, Ozaukee, Racine, Sheboygan, Walworth, Washington and Waukesha Counties)


South Central/Southwestern Wisconsin area real estate statistics

795  homes sold in South Central Wisconsin  in January 2017,  up 4.5%  over last year. Median sales price up 17.3% to $217,000.

(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 January 2017,  down 6.4% from last year. Median sales price up 8.3% to $175,500.

(includes Buffalo, Chippewa, Dunn, Eau Claire, Jackson, La Crosse, Monroe, Pepin, Pierce, St. Croix. Trempealeau and Vernon counties )


Northeast Wisconsin area real estate statistics

723 homes sold in Northeast Wisconsin  in January 2017, up 1.8% over last year. Median sales price up 2% to $148,000

(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

265 homes sold in Central Wisconsin  in January 2017,  up 24% over last year. Median sales price up 24% to $139,000.

(includes Adams, Clark, Juneau, Marathon, Marquette, Portage, Waushara and Wood counties )

Northwoods Wisconsin real estate statistics

381 homes sold in  Northwoods Wisconsin  in January 2017,  up 6% over last year. Median sales price up 5% to $133,500.

(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.

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First Weber sells real estate throughout Wisconsin: Metro Milwaukee and Southeastern WI, South Central Wisconsin/Greater Madison, Central Wisconsin, Western WI, parts of MN, Michigan’s UP, 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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