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February Housing Sales and Prices Fall in Wisconsin
February Housing Sales and Prices Fall in Wisconsin
David Clark, Economist for The Wisconsin REALTORS Association (WRA) reported this week that after a strong showing in January, home sales in Wisconsin (statewide) declined in February according to data just released by the WRA. Sales of existing homes fell 5.5 percent in February compared to the same month in 2010. The median home price was down more substantially, falling 13.3 percent to $117,000 over the same period, according to the report. Visit the WRA website to read the full report. 
The South Central Region of Wisconsin, including Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Jefferson, Lafayette, Richland, Rock & Sauk counties are shown below, and it is clear to see that the number of home sales in April of 2011 significantly dropped from a year ago in April 2010, when the federal homebuying tax rebates were expiring, making a true year to year comparable impractical.  
South Central Wisconsin Housing Sales & Median Price 2007-2011

South Central Wisconsin Median Home Price & Homes Sales by County
Median Sales Price: The 50th percentile or midpoint of all closed sales, ranked from lowest to highest price, within a defined geographic area for a particular time ... more

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