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 […]
Home Sales: Compared to November 2022, Wisconsin’s home sales fell 3.4% in November 2023. This is the second consecutive month with the annual sales reduction in single digits, reflecting a gradual decrease in the rate of decline. Home Prices: The statewide median price has seen a similar pattern throughout 2023 with it sitting at $280,000 […]
Key points from the WRA on the Wisconsin Housing Report for October 2023. Home Sales: Existing home sales fell by just 7.2% in October 2023 compared to last October. This is the first time since August 2022 that the annualized decline in sales has been in the single digits. Home Prices: The median home price […]
Key points from the WRA on the Wisconsin Housing Report for August 2023. Home Sales: We continue to see weaker sales and higher prices in the Wisconsin market even as the inventory situation improved slightly. Home sales for the month of August declined by 18.3% since August 2022 sitting at 6,889. Home Prices: The median […]
Weak inventories limited sales of existing homes and drove prices up significantly. July 2023 closing declined 20.8% compared to July 2022. Sales were down between 16.7% and 25.2% throughout all regions compared to July 2022, but regional price appreciation was more variable. The median home price rose to 300,000, a 7.5% increase from last year. […]