The Wisconsin housing statistics are in for January of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:
The harsh winter took a toll on January home sales in Wisconsin, according to the most recent analysis of housing market activity released by the Wisconsin REALTORS® Association (WRA). Existing home sales were down 6.8 percent relative to January 2013, but median prices rose 3.2 percent to $126,900 over that same time frame.
“Home sales cooled along with the weather in January,” said Steve Lane, chairman of the WRA board of directors. “REALTORS® know that buyers and sellers don’t like closing on homes during winter months, preferring instead to move when the weather improves,” Lane said. “This winter has been anything but typical, with brutally cold weather and plenty of snow contributing to the decline in January sales,” Lane said.
Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. As you probably have heard, home sales & prices have been increasing over the past few years. This month however home sales number decreased, but take a look at the price increase! The price rebound in our region is certainly still under way. Rock County was up 11% year over year in January!
Thinking of purchasing a home before prices or rates rise any further?! I’d be happy to show you any homes currently listed for sale. Feel free to visit Rock County, WI Home Listings to search for current properties listed in Rock County or visit Dane County, WI Home Listings for homes in Dane County.
Now might be the right time to sell your Wisconsin home! If you would like some insight into how much your home is currently worth, I would be happy to provide you with a free comparative market analysis. This is a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Click below:
Housing Statistics for the State of Wisconsin:
Home Sales: 3,325
Median Home Price: $126,000
Home Sales: 3,520
Median Home Price: $123,000
Housing Statistics for Dane County, WI:
Home Sales: 282
Median Home Price: $200,000
Home Sales: 320
Median Home Price: $194,750
Housing Statistics for Rock County, WI:
Home Sales: 99
Median Home Price: $99,900
Home Sales: 111
Median Home Price: $90,000
View my report from last month. Wisconsin December 2013 Housing Statistics