“With 17 straight months of healthy growth in statewide home sales, there’s no doubt that the state housing market has seen a real bounce this year,” said Renny Diedrich, chairman of the WRA board of directors. She pointed out that the year-to-date sales are up 21.2 percent, which is by far the highest levels seen since 2007, just before the recession officially began.
“The decline in the median price in November follows a relatively strong uptick in October, so it’s difficult to say precisely what caused this volatility, but year-to-date, median prices are still up,” said WRA President and CEO, Michael Theo.
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 have been increasing substantially all year. That was still the case in November 2012. Although statewide, home prices have increased, in Dane & Rock counties, they are still decreasing in price.
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. Has your home value fallen below what you currently owe? A short sale may be right for your situation. Visit the following page on Wisconsin Short Sales.
Housing Statistics for the State of Wisconsin:
Home Sales: 5,030
Median Home Price: $129,000
Home Sales: 3,956
Median Home Price: $133,000
Housing Statistics for Dane County, WI:
Home Sales: 412
Median Home Price: $195,000
Home Sales: 342
Median Home Price: $210,405
Housing Statistics for Rock County, WI:
Home Sales: 143
Median Home Price: $86,000
Home Sales: 117
Median Home Price: $95,000
View my report from last month. Wisconsin October Housing Statistics