Robust Housing Market at Strongest Level Since Before Recession
The Wisconsin housing statistics are in for the month of June, 2015. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:
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The Wisconsin housing market continued to grow at a very strong pace in June, which pushed year-to-date sales to their highest level since 2006, according to the most recent analysis of residential housing activity conducted by the Wisconsin REALTORS® Association (WRA). Existing home sales rose 17.6 percent in June compared to June 2014, and this pushed median prices up 6.3 percent to $169,000 in June. Comparing the first half of 2015 with that same period last year, home sales were up 12.3 percent, and median prices increased 6.9 percent over that time frame.
“This is the best June sales volume we’ve seen in 11 years, well before the recession began,” said Dan Kruse, chairman of WRA board of directors. Compared to the first six months of 2014, sales were up by solid margins in all regions. “In a typical year, June accounts for about 11.5 percent of annual sales, which is the highest share of any month during the year,” said Kruse.
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Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Dane County, and Rock County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. Once again this month both Dane & Rock County's home prices & home sales increased significantly, year over year! If you are thinking of buying or selling, the market is REALLY heating up! Take a look at the numbers for yourself!.
Housing Statistics for the State of Wisconsin:
June 2015
Home Sales: 9,378
Median Home Price: $168,850
June 2014
Home Sales: 7,891
Median Home Price: $159,000
Housing Statistics for Dane County, WI:
June 2015
Home Sales: 1,131
Median Home Price: $233,500
June 2014
Home Sales: 995
Median Home Price: $224,000
Housing Statistics for Rock County, WI:
June 2015
Home Sales: 238
Median Home Price: $130,000
June 2014
Home Sales: 215
Median Home Price: $119,500
View my report from last month. Wisconsin May 2015 Housing Statistics
Thinking of purchasing a home before prices or rates rise any further? We'd be happy to show you any homes currently listed for sale. Take a look at all available MLS listings below or tell us more about what you are looking for in your next home.
With the recent home price increases, now might be the right time to sell your Wisconsin home. Take advantage of your increased equity! 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, we 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.
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