We ended 2017 on a strong note – busy all through fall with a continued shortage of inventory driving prices up. This will be the third year in a row the WRA recorded sales to record levels. AND, we are proud to announce that First Weber had our best year of sales EVER with nearly $3.5 BILLION in sales.
- Statewide, Sales increased by 1.4% over a very strong 2016
- Median prices rose 5.5% over last year – now at $174,000
- A record 83,000 units were sold across Wisconsin
What a year for Wisconsin real estate!
Regionally, here is the real estate sales recap comparing sales and prices in 2016 vs 2017: (Source WRA)
Southeast Wisconsin/Metro Milwaukee real estate statistics
29,681 homes sold in Southeast Wisconsin in 2017, a 1.3% increase over last year. Median sales price up 5.5 to $185,000.
(includes Kenosha, Milwaukee, Ozaukee, Racine, Sheboygan, Walworth, Washington and Waukesha Counties)
South Central/Southwestern Wisconsin area real estate statistics
16,477 homes sold in South Central Wisconsin in 2017, down .4% from last year. Median sales price up 8% to $210,000.
(includes Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Jefferson, Lafayette, Richland, Rock and Sauk counties )
Western Wisconsin area real estate statistics
8,163 homes sold in Western Wisconsin in 2017, up 1.6% over last year. Median sales price up 6% to $177,500.
(includes Buffalo, Chippewa, Dunn, Eau Claire, Jackson, La Crosse, Monroe, Pepin, Pierce, St. Croix. Trempealeau and Vernon counties )
Northeast Wisconsin area real estate statistics
15,173 homes sold in Northeast Wisconsin in 2017, down .4% from last year. Median sales price up 6.4% to $149,000
(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
5317 homes sold in Central Wisconsin in 2017, up 7.2% over last year. Median sales price up 3.5% to $130,000.
(includes Adams, Clark, Juneau, Marathon, Marquette, Portage, Waushara and Wood counties )
Northwoods Wisconsin real estate statistics
8043 homes sold in Northwoods Wisconsin in 2017, up 5.8% over last year. Median sales price up 6% to $149,900.
(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, 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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