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The Wisconsin housing statistics are in for June of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:
Existing home sales in Wisconsin saw positive gains for the first time this year, and median home prices were up slightly according to the most recent housing market report released by the Wisconsin REALTORS® Association (WRA). June home sales rose 4.5 percent compared to June 2013, and median prices were stable, rising 0.6 percent to $159,900 over the same period.
“This is a welcome sign since June is our most important month for sales,” said Steve Lane, chairman of the WRA board of directors. “In a typical year, Wisconsin sells approximately 11.5 percent of its homes in June, which is more than any other month of the year, so strong sales in June is important,” Lane said. However given the harsh winter, Lane cautioned that even a solid showing in June won’t completely erase the weaker winter and spring sales. He noted that during the first half of the year, sales were down 4.9 percent compared to the first six months of 2013.
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. This month showed an increase in the number of home sales statewide and in Rock County, but a slight decrease in Dane County. Home prices rose slightly in all 3 areas highlighted below.
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 either site below:
Now might be the right time to sell your Wisconsin home. Feel free to take a look at our cutting edge Rock Realty Marketing Plan! If you would like some insight into how much your home is currently worth, I would be happy to provide you with a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Click below:
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Housing Statistics for the State of Wisconsin:
Home Sales: 7,702
Median Home Price: $159,900
Home Sales: 7,373
Median Home Price: $159,000
Housing Statistics for Dane County, WI:
Home Sales: 974
Median Home Price: $223,627
Home Sales: 977
Median Home Price: $222,000
Housing Statistics for Rock County, WI:
Home Sales: 211
Median Home Price: $120,600
Home Sales: 182
Median Home Price: $120,000
View my report from last month. Wisconsin May 2014 Housing Statistics