2016 Rural land market review Low Inventory Continues This sounds like a looping track, but low inventory persists. This has been the case since around October of 2015. Nice properties 40-150 acres are selling quickly. The average parcel size that sold during the fourth quarter was 71 acres. This is a great time for landowners to […]
Both the number of sales and the median sales price rose by significant amounts according to the recent report from The Wisconsin REALTORS Association. November sales rose 19% over last November, setting a new record for the month – at a time sales normally slow down. Strong sales combined with low inventory levels supported a […]
What a fall we have had. Sales normally slow down when it gets colder and the holidays roll around. Not this November… sales were up an astonishing 23% over last November. Year-to-date sales are up 8%. There is a very low inventory of homes for sale under the $300,000 price point which could be an […]
We are expecting a record year for Wisconsin real estate sales. Across the state, home sales and median sale prices surged… home sales are the highest they have been in more than 10 years. As a whole, Wisconsin home sales matched last October’s very strong sales. Prices for the first 10 months of the year […]
October real estate sales in the Metro Milwaukee area are the best we’ve seen in 11 years! If only we had more homes to sell… Buyer demand has been strong all year and buyers often end up fighting over homes due to lack of inventory. Over the metro area, sales are up 9.1 over last […]