Another month of sales slipping due to lack of inventory to actually sell. Home prices rose 6% compared to last year at this time. Some regions saw double digit price growth compared to sale prices last year at this time. New listings down statewide by 8%. Those looking to sell now will benefit from the […]
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 […]
Starting the year off with the same story: Strong sales, rising prices, low level of listing inventory – although we have seen a good increase in listings in Ozaukee and Racine Counties. That should bring a bit more balance to those counties. It is an excellent time to put your home on the market – […]
The Wisconsin real estate market has been chugging along strong for several years now. Well priced and well presented homes are selling quickly and multiple offer situations are occurring. Buyers are in serious competition in some price ranges. SELLERS So do you still need a Realtor to sell in a hot market? We think so are […]
Don’t wait until the snow melts to put your home on the market. Buyers are searching NOW and competing offers are common. Inventories of less than six months indicate a seller’s market. Statewide, the inventory of homes for sale is at 4.9 months, the lowest level since 2009 when the Wisconsin REALTORS Association started tracking. […]