Key points from the WRA on the Wisconsin Housing Report for January 2023. Home Sales: Home sales rose 3.2% compared to last year’s March. Both existing home sales and median prices increased by solid margins compared to a year earlier reflecting robust demand conditions even as supply remains tight. Home Prices: The median home price […]
Key points from the WRA on the Wisconsin Housing Report for January 2023. Home Sales: Listings increased in February resulting in a 3.1% increase in February home sales compared to 12 months earlier. The total number of home sales for Wisconsin in February 2024 sat at 3,343. Home Prices: The statewide median price in February […]
With the current state of the market bringing us high interest rates and low inventory, homebuyers have shifted their wants and needs. Among the top design trends for 2024 is a shift to better, not bigger homes. The average size of a new home continues to inch smaller as affordability becomes more difficult. People are […]
Key points from the WRA on the Wisconsin Housing Report for January 2023. Home Sales: Wisconsin home sales jumped 7.4% in January 2024 compared to the levels in January 2023. This is the first annualized monthly increase in home sales since December 2021. Home Prices: The median home price in January 2024 rose 6% to […]
Key points from the WRA on the Wisconsin Housing Report for December 2023. Home Sales: While the limited supply of homes on the market kept December sales down 6.2% compared to December 2022, fourth quarter sales performed better than the first three quarters of the year. The total existing home sales for this year were […]