America's Largest Social Network for Default Real Estate Professionals
The Wisconsin housing statistics are in for October of 2013. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:
Wisconsin’s red-hot real estate market cooled in October, with sales of existing homes nearly identical to October of last year, according to the most recent housing report issued by the Wisconsin Realtors® Association. October sales were just 0.1 percent lower than last October, representing the first time since July of 2011 that monthly sales did not increase over the previous year. The median sales price however continued to rise, increasing 5.6 percent to $142,500 in October relative to October 2012. On a year-to-date basis, median prices increased 7.5 percent compared to the first 10 months of 2012.
“While somewhat surprising, these numbers are not totally unexpected,” said Steve Lane, chairman of the WRA board of directors. “We are comparing sales between two very strong years and two very healthy markets,” he said.
Sales softened in all regions of the state. The strongest regional growth was in the South central region, where sales were up 3.9 percent.
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. Both Dane and Rock counties are showing marked improvements in the number of homes sold and the price at which they are being sold at. As you can see, Rock County was exceptionally strong in October for both the number of homes sold as well as the price at which they sold.
I'd be happy to show you any homes currently listed for sale. Feel free to visit Janesville, WI Home Listings for Sale to search for current properties listed in the Janesville area or visit Madison, WI Homes for Sale for MLS Listings in the Madison area.
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:
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: 5,711
Median Home Price: $142,000
Home Sales: 5,652
Median Home Price: $135,000
Housing Statistics for Dane County, WI:
Home Sales: 513
Median Home Price: $218,000
Home Sales: 493
Median Home Price: $198,878
Housing Statistics for Rock County, WI:
Home Sales: 168
Median Home Price: $109,000
Home Sales: 147
Median Home Price: $85,000
View my report from last month. Wisconsin September 2013 Housing Statistics