The Wisconsin housing statistics are in for December of 2013. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:
2013 was a robust year for Wisconsin’s housing market, with both sales and prices increasing by solid margins, according to the year-end housing report released by the Wisconsin REALTORS® Association (WRA). Existing home sales were up 10.8 percent compared to 2012, and median prices increased 7.2 percent to $143,000 over that same time frame.
“Strong sales dominated 2013, which is remarkable given that this is compared to 2012, which was also a very good year for the housing market,” said Steve Lane, chairman of the WRA board of directors. According to Lane, existing home sales were up in every region of the state in 2013 relative to the previous year.
Lane noted housing sales were strong despite raising interest rates and prices. “Mortgage rates have increased a full percentage point since January, and median prices have grown consistently throughout the year,” Lane said. “Yet the entire state posted genuine gains in 2013, a trend we hope and believe will continue into the new year,” Lane said.
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. Take a look at Dane & Rock County! Marked improvements in price and sales volume, a great sign.
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 Janesville, WI MLS Listings to search for current properties listed in the Janesville area or visit Madison, WI MLS Listings for MLS Listings in the Madison area.
Now might be the right time to sell your Wisconsin home! 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 our page on Wisconsin Short Sales for more information.
Housing Statistics for the State of Wisconsin:
Home Sales: 4,620
Median Home Price: $143,250
Home Sales: 4,343
Median Home Price: $133,900
Housing Statistics for Dane County, WI:
Home Sales: 440
Median Home Price: $210,671
Home Sales: 411
Median Home Price: $200,000
Housing Statistics for Rock County, WI:
Home Sales: 139
Median Home Price: $108,000
Home Sales: 113
Median Home Price: $95,000
View my report from last month. Wisconsin November 2013 Housing Statistics