Continued tight inventory makes sales drop, prices rise

Existing home sales fell 11% compared to this time last year.  There are simply not enough homes to sell, especially in the lower prices ranges.

This lack of supply has driven prices up 5.4%


We determine a buyer/seller market based on months of inventory.  6 months is a balanced market, under 6 months is a seller market and above 6 months of inventory favors the buyer.

Here’s how months of inventory plays out in different price ranges in Wisconsin:


$0-$124,999 4 months

$125,000-$199,999   3.7 months

$200,000-$349,999   4.6 months

$350,000-$499,999   7.1 months

$500,000 and up   12.4 months


Regionally, here is the real estate sales recap comparing  sales and prices in June 2018 vs June 2017: (Source WRA)

Southeast Wisconsin/Metro Milwaukee real estate statistics

3223 homes sold in Southeast Wisconsin in June 2018, a 13% decrease from last year.  Median sales price up 7.5% to $215,000.

Months of inventory: 3.2

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


South Central/Southwestern Wisconsin area real estate statistics

1959  homes sold in South Central Wisconsin  in June 2018,  a 12% decrease from last year. Median sales price up 6.7% to $240,000.

Months of inventory: 3.7

(includes Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Jefferson, Lafayette, Richland, Rock and Sauk counties )


Western Wisconsin area real estate statistics

874  homes sold in Western Wisconsin  in June 2018,  down 12.8% from last year. Median sales price up 2% to $188,500.

Months of inventory: 3.9

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


Northeast Wisconsin area real estate statistics

1711 homes sold in Northeast Wisconsin  in June 2018, down 9% from last year. Median sales price up 4% to $159,000.

Months of inventory: 4.5

(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

608 homes sold in Central Wisconsin  in June 2018,  down 16% from last year. Median sales price up 10% to $149,450.

Month of inventory: 5.3

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

Northwoods Wisconsin real estate statistics

869 homes sold in  Northwoods Wisconsin  in June 2018,  down 7% from last year. Median sales price up 13% to $169,900.

Months of inventory: 7.6

(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 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

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