Wisconsinâ€™s housing market rebounded in 2012, with sales of existing home sales up substantially and median prices up modestly, according to the latest figures released by the Wisconsin REALTORSÂ®Â Association (WRA). Sales of existing homes for 2012 were 20.7 percent above the levels of 2011, and the statewide median price increased 1.1 percent to $133,500 over that same period.Â â€œWeâ€™ve seen very strong growth in home sales for the last year and a half, which is an indication that buyers perceive the value of investing in housing again,â€ Â said Renny Diedrich, chairman of the WRA board of directors. She noted that robust growth in home sales was seen throughout the state, with every region growing by double digits.
â€œMedian prices have increased in eight of the last nine months, ending the year up 1.1 percent, which is a welcomed sign,â€Â said WRA President and CEO, Michael Theo.
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 have been increasing substantially all year. Both Dane and Rock counties are showing marked improvements in the number of homes sold. Prices have bounced in Rock County, while in Dane County WI they appear to now be slowly stabilizing.
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.Â Has your home valueÂ fallenÂ belowÂ what you currently owe?Â AÂ short saleÂ may be right for your situation. Visit the following page onÂ Wisconsin Short Sales.
Housing Statistics for the State of Wisconsin:
Home Sales: 4,291
Median Home Price: $132,500
Home Sales: 3,850
Median Home Price: $120,000
Housing Statistics for Dane County, WI:
Home Sales: 404
Median Home Price: $200,000
Home Sales: 318
Median Home Price: $206,000
Housing Statistics for Rock County, WI:
Home Sales: 116
Median Home Price: $95,000
Home Sales: 119
Median Home Price: $90,000
View my report from last month.Â Wisconsin November Housing Statistics