The Wisconsin housing statistics are now in for December of 2011. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:
"What is encouraging is to see monthly home sales continue to outpace last year's levels," said Rob Keefe, Chairman of the WRA Board of Directors, noting that home sales in December were 11.3 percent higher than December 2010".
"If home sales are to continue to grow, we will need more robust job growth going forward, but a falling unemployment rate is a welcomed sign" said WRA President and CEO Michael Theo. The [Wisconsin] unemployment rate dropped more than a half percent over the last two months to 7.1 percent in December 2011.
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 can see, home sales have been increasing substantially this year. But as you can also see, all prices are dropping in this market.
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 WI:
December 2011
Home Sales: 3,792
Median Home Price: $120,000
December 2010
Home Sales: 3,399
Median Home Price: $135,000
Housing Statistics for Dane County, WI:
December 2011
Home Sales: 313
Median Home Price: $199,900
December 2010
Home Sales: 293
Median Home Price: $222,450
Housing Statistics for Rock County, WI:
December 2011
Home Sales: 117
Median Home Price: $79,000
December 2010
Home Sales: 92
Median Home Price: $90,000
This information is courtesy of the WRA, Wisconsin Realtors Association. Please follow this link for further details: WRA Housing Statistics
View my report from last month. Wisconsin Housing Statistics
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