2014 (12)

Welcome-to-Wisconsin-300x225.jpg?width=300The Wisconsin housing statistics are in for this November of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

~~~~~
Existing home sales in Wisconsin fell in November compared to the same month last year, but home prices increased over the same period, according to the most recently released analysis of the state’s housing market by the Wisconsin REALTORS® Association (WRA). Existing home sales in November were down 6 percent whereas median prices rose 6.6 percent to $145,000 between November 2013 and November 2014.
The last couple of months have been a bit of a roller coaster in terms of sales,” said Dan Kruse, chairman of WRA board of directors. “October sales were up over last year but sales in November were down” Kruse said. Comparing year-over-year sales for the two months, October sales rose 658 units compared to October 2013 while November sales declined 288 units relative to November 2013. “Putting these numbers into perspective, our housing market remains strong in Wisconsin,” Kruse said. “We had the strongest September to November sales period since 2006, before the Great Recession began
~~~~~

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. This month both Dane & Rock County's home prices increased significantly. On a year over year basis, Dane County's total number of homes sold was up while Rock County home sales slipped.


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 either site below:

Real Estate Listings in Janesville, WI 

Real Estate Listings in Madison, WI.

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, I 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. Click below:

What's My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? A short sale may be right for your situation. Visit our distressed property page for more information.

Wisconsin Short Sales


Housing Statistics for the State of Wisconsin:

November 2014
Home Sales: 4,542
Median Home Price: $145,000

November 2013
Home Sales: 4,807

Median Home Price: $136,000

Housing Statistics for Dane County, WI:

November 2014
Home Sales: 431

Median Home Price: $225,000

November 2013
Home Sales: 425

Median Home Price: $210,000

Housing Statistics for Rock County, WI:

November 2014
Home Sales: 131

Median Home Price: $113,000

November 2013
Home Sales: 147

Median Home Price: $108,000

View my report from last month. Wisconsin October 2014 Housing Statistics

Read more…

Welcome-to-Wisconsin-300x225.jpg?width=300The Wisconsin housing statistics are in for October of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

~~~~~
Wisconsin’s home sales rose significantly in the month of October, and median prices continued growing at a solid rate, according to a recently released analysis of the state’s housing market by the Wisconsin REALTORS® Association (WRA). 
Existing home sales in October 2014 were 9.6 percent higher than October 2013 while median prices were up 4.2 percent over that same period, growing to $148,000. This was a strong bounce in home sales in a month where sales activity is typically winding down as we approach winter,” said Dan Kruse, chairman of WRA board of directors. “In fact, this is the strongest October sales we have seen since 2005 when the WRA began using the current data collection system.” Kruse said. Median prices continued to rise statewide in October, growing at a 4.2 percent annual pace. On a year-to-date basis, home prices in Wisconsin were up 2.5 percent compared to the first 10 months of 2013, which more than outpaces the annual national inflation rate, which stood at 1.7 percent as of September.
~~~~~

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. This month Dane & Rock County's home prices increased significantly. On a year over year basis, Dane County home prices were up 3.7% and Rock County prices are up 13.8%!


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 either site below:

Real Estate Listings in Janesville, WI 

Real Estate Listings in Madison, WI.

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, I 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. Click below:

What's My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? A short sale may be right for your situation. Visit our distressed property page for more information.

Wisconsin Short Sales


Housing Statistics for the State of Wisconsin:

October 2014
Home Sales: 6,366
Median Home Price: $148,000

October 2013
Home Sales: 5,748

Median Home Price: $142,000

Housing Statistics for Dane County, WI:

October 2014
Home Sales: 501

Median Home Price: $225,000

October 2013
Home Sales: 517

Median Home Price: $216,796

Housing Statistics for Rock County, WI:

October 2014
Home Sales: 206

Median Home Price: $122,950

October 2013
Home Sales: 165

Median Home Price: $108,000

View my report from last month. Wisconsin September 2014 Housing Statistics

Read more…

Welcome-to-Wisconsin-300x225.jpg?width=300The Wisconsin housing statistics are in for September of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Wisconsin’s home sales in September were nearly identical to one year ago, but prices were higher, according to the most recent analysis of the state housing market released by the Wisconsin REALTORS® Association (WRA). Existing home sales in September were just 0.2 percent lower than September 2013, and median prices were 3.1 percent higher to $148,700.

Although our home sales are slightly lower than last year, it’s important to recognize how far we’ve come since emerging from the Great Recession,” said Dan Kruse, the newly installed chairman of WRA board of directors. “Sales this quarter may be 2.1 percent below a very strong third quarter last year, but they are 20.7 percent higher than they were just after the recession ended in the third quarter of 2009,” Kruse said. Kruse noted that other housing indicators also paint a picture of a stabilizing housing market in the state. Seasonally adjusted housing inventories have ranged from about 49,000 homes to nearly 53,000 homes since December 2012, which is a far cry from the nearly 72,000 homes on the market in March 2010.

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. This month both Dane and Rock Counties showed increases in year over year home prices, approximately 3.3% in Dane County and over 11% in Rock County!


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 either site below:

Real Estate Listings in Janesville, WI 

Real Estate Listings in Madison, WI.

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, I 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. Click below:

What's My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? A short sale may be right for your situation. Visit our distressed property page for more information.

Wisconsin Short Sales


Housing Statistics for the State of Wisconsin:

September 2014
Home Sales: 6,163
Median Home Price: $148,700

September 2013
Home Sales: 6,144

Median Home Price: $143,000

Housing Statistics for Dane County, WI:

September 2014
Home Sales: 578

Median Home Price: $222,000

September 2013
Home Sales: 576

Median Home Price: $215,000

Housing Statistics for Rock County, WI:

September 2014
Home Sales: 171

Median Home Price: $127,000

September 2013
Home Sales: 179

Median Home Price: $114,000

View my report from last month. Wisconsin August 2014 Housing Statistics

Read more…

Welcome-to-Wisconsin-300x225.jpg?width=300The Wisconsin housing statistics are in for July of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Wisconsin’s existing homes sales fell in July even as median prices continued to rise. Home sales fell 2.4 percent in July 2014 compared to the same month last year, and median prices rose 2.4 percent to $158,700 over that same period according to the most recent housing market report released by the Wisconsin REALTORS® Association (WRA).

Although sales fell short of the last year’s levels, it’s important to remember that 2013 was a very strong year for home sales in the state,” said Steve Lane, chairman of the WRA board of directors. “Sales were down 7.6 percent for the first five months of 2014 before they bounced back in June, raising 5.7 percent above June 2013. For July home sales to be close to last year’s strong showing indicates the current market is solid.” Lane said. He noted that with the exception of last year, this has been the strongest eight-month period since 2007.

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. This month showed a decrease in the number of home sales statewide and in Dane County, but a sharp increase in home prices! Rock County remains one of the better recovery stories with significant increases in both price and home sales


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 either site below:

Real Estate Listings in Janesville, WI 

Real Estate Listings in Madison, WI.

Now might be the right time to sell your Wisconsin home. 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, I 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. Click below:

What's My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? A short sale may be right for your situation. Visit our page for more information.

Wisconsin Short Sales


Housing Statistics for the State of Wisconsin:

July 2014
Home Sales: 7,302
Median Home Price: $158,350

July 2013
Home Sales: 7,418

Median Home Price: $155,000

Housing Statistics for Dane County, WI:

July 2014
Home Sales: 882

Median Home Price: $234,450

July 2013
Home Sales: 952

Median Home Price: $213,500

Housing Statistics for Rock County, WI:

July 2014
Home Sales: 195

Median Home Price: $129,900

July 2013
Home Sales: 175

Median Home Price: $108,000

View my report from last month. Wisconsin June 2014 Housing Statistics

Read more…

Welcome-to-Wisconsin-300x225.jpg?width=300Housing Market Ends Strong in 2014

The Wisconsin housing statistics are in for this December of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

~~~~~
The housing market ended 2014 on a strong note with both existing home sales and median prices higher in December, according to the most recent analysis of the state’s housing market by the Wisconsin REALTORS® Association (WRA). Home sales in December rose by 2.1 percent compared to December 2013, and median prices rose 4.3 percent to $145,000 over that same time frame. For the year, home sales in 2014 were slightly below a very strong 2013 market, down just 1.5 percent; but prices were higher in 2014, up 3.1 percent to an annual statewide median of $148,000.

Despite a slow start due to harsh winter weather early in the year, 2014 rebounded nicely and ended with an excellent December and a very good final quarter of the year,” said Dan Kruse, chairman of WRA board of directors. Kruse noted the fourth quarter of 2014 was the strongest since 2005.
~~~~~

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. This month both Dane & Rock County's home prices increased significantly. On a year over year basis, Dane County's total number of homes sold was up while Rock County home sales slipped.


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 either site below:

Real Estate Listings in Janesville, WI 

Real Estate Listings in Madison, WI.

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, I 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. Click below:

What's My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? A short sale may be right for your situation. Visit our distressed property page for more information.

Wisconsin Short Sales


Housing Statistics for the State of Wisconsin:

December 2014
Home Sales: 4,778
Median Home Price: $145,000

December 2013
Home Sales: 4,663

Median Home Price: $139,000

Housing Statistics for Dane County, WI:

December 2014
Home Sales: 466

Median Home Price: $220,170

December 2013
Home Sales: 442

Median Home Price: $202,250

Housing Statistics for Rock County, WI:

December 2014
Home Sales: 131

Median Home Price: $116,250

December 2013
Home Sales: 147

Median Home Price: $110,000

View my report from last month. Wisconsin November 2014 Housing Statistics

Read more…

Welcome-to-Wisconsin-300x225.jpg?width=300The Wisconsin housing statistics are in for August of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Home sales fell for the second straight month in August whereas median prices rose by modest margins. Wisconsin’s existing home sales dropped 5.7 percent in August compared to August 2013, and median home prices were up 3.3 percent to $157,000 over that same period, according to the most recent housing market report released by the Wisconsin REALTORS® Association (WRA).

Home sales continue to lag behind 2013, and while it’s important to remember that 2013 was a strong year for sales, there are a number of other contributing factors that also explain relatively lower sales,” said Steve Lane, chairman of the WRA board of directors. “Inventories are tighter in our metropolitan areas compared to rural areas, and some buyers may be having difficulty finding homes to buy in those markets,” Lane said. Metropolitan counties had 7.7 months of available inventory in August, and their sales were down 8.1 percent compared to August last year. In contrast, rural counties have 16.6 months of inventory, and their sales were essentially flat, falling less than 0.2 percent.

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. This month showed a decrease in the number of home sales statewide and in Dane County, but a solid increase in home prices! Rock County remains one of the better recovery stories with significant increases again in both median price and the number of home sales in August! 


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 either site below:

Real Estate Listings in Janesville, WI 

Real Estate Listings in Madison, WI.

With the recent home price increases, now might be the right time to sell your Wisconsin home. 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, I 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. Click below:

What's My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? A short sale may be right for your situation. Visit our distressed property page for more information.

Wisconsin Short Sales


Housing Statistics for the State of Wisconsin:

August 2014
Home Sales: 7,249
Median Home Price: $157,000

August 2013
Home Sales: 7,664

Median Home Price: $152,000

Housing Statistics for Dane County, WI:

August 2014
Home Sales: 710

Median Home Price: $230,000

August 2013
Home Sales: 909

Median Home Price: $220,000

Housing Statistics for Rock County, WI:

August 2014
Home Sales: 207

Median Home Price: $123,000

August 2013
Home Sales: 200

Median Home Price: $107,750

View my report from last month. Wisconsin July 2014 Housing Statistics

Read more…

Welcome-to-Wisconsin-300x225.jpg?width=300The Wisconsin housing statistics are in for June of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Existing home sales in Wisconsin saw positive gains for the first time this year, and median home prices were up slightly according to the most recent housing market report released by the Wisconsin REALTORS® Association (WRA). June home sales rose 4.5 percent compared to June 2013, and median prices were stable, rising 0.6 percent to $159,900 over the same period.

This is a welcome sign since June is our most important month for sales,” said Steve Lane, chairman of the WRA board of directors. “In a typical year, Wisconsin sells approximately 11.5 percent of its homes in June, which is more than any other month of the year, so strong sales in June is important,” Lane said. However given the harsh winter, Lane cautioned that even a solid showing in June won’t completely erase the weaker winter and spring sales. He noted that during the first half of the year, sales were down 4.9 percent compared to the first six months of 2013.

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. This month showed an increase in the number of home sales statewide and in Rock County, but a slight decrease in Dane County. Home prices rose slightly in all 3 areas highlighted below.


 

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 either site below:

Real Estate Listings in Janesville, WI 

Real Estate Listings in Madison, WI.

Now might be the right time to sell your Wisconsin home. 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, I 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. Click below:

What's My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? A short sale may be right for your situation. Visit our page for more information.

Wisconsin Short Sales


 

Housing Statistics for the State of Wisconsin:

June 2014
Home Sales: 7,702
Median Home Price: $159,900

June 2013
Home Sales: 7,373

Median Home Price: $159,000

Housing Statistics for Dane County, WI:

June 2014
Home Sales: 974

Median Home Price: $223,627

June 2013
Home Sales: 977

Median Home Price: $222,000

Housing Statistics for Rock County, WI:

June 2014
Home Sales: 211

Median Home Price: $120,600

June 2013
Home Sales: 182

Median Home Price: $120,000

 

View my report from last month. Wisconsin May 2014 Housing Statistics

Read more…

Welcome-to-Wisconsin-300x225.jpg?width=300The Wisconsin housing statistics are in for May of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Existing home sales continued to lag behind 2013 levels but median prices rose by a solid margin in Wisconsin according to the most recent housing market report released by the Wisconsin REALTORS® Association (WRA). May home sales dropped 6.9 percent compared to the May 2013 volume of sales. In contrast, median prices increased over the same period, rising 3.8 percent to $150,000.

This is the fifth straight month of reduced home sales compared to where we were this time last year, and there are multiple potential reasons why,” said Steve Lane, chairman of the WRA board of directors. He pointed out that state economy appears to be steadily improving. The unemployment rate continues to drop and at 5.7 percent in May, it stands a more than a percentage point below where we were last year. In addition the state has added more than 38,300 jobs over the last year according to the U.S. Bureau of Labor Statistics. The harsh winter contributed to slower sales in the first four months, but it can’t explain the slower sales in May. “Even though last year was a strong year for sales, we expected a slight bounce in May sales as the prolonged winter ended,” Lane said. “But we haven’t seen that bounce yet.

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, overall home sales & prices have been increasing over the past few years. This month however showed a decrease of home sales statewide, but an increase in home prices. Rock County however showed increases in both sales and price!

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 Real Estate Listings in Rock County to search for current Rock County properties or visit Real Estate Listings in Dane County for homes in Dane County Wisconsin.

Now might be the right time to sell your Wisconsin home. 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, 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:

What's My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? 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:

May 2014
Home Sales: 7,008
Median Home Price: $150,000

May 2013
Home Sales: 7,485

Median Home Price: $144,500

Housing Statistics for Dane County, WI:

May 2014
Home Sales: 829

Median Home Price: $214,900

May 2013
Home Sales: 938

Median Home Price: $208,250

Housing Statistics for Rock County, WI:

May 2014
Home Sales: 209

Median Home Price: $124,000

May 2013
Home Sales: 206

Median Home Price: $114,450

View my report from last month. Wisconsin April 2014 Housing Statistics

Read more…

Welcome-to-WisconsinThe Wisconsin housing statistics are in for April of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Wisconsin existing home sales fell in April even as median prices continued to rise according to the most recent analysis of the state housing market released by the Wisconsin REALTORS® Association (WRA). Home sales declined 11.6 percent in April compared to the same month last year due to a combination of higher home mortgage rates, higher prices and harsh winter temperatures. Median prices rose over that same period, increasing 1.4 percent to $139,900.

As we enter the second quarter of the year, we have been expecting some improvement in home sales, but it’s important to remember that April sales are still impacted by the February weather given the 6 to 8 week lag between the time an offer is accepted and a closing takes place,” said Steve Lane, chairman of the WRA board of directors. He also noted that there were heavy snows in the northern part of the state as late as mid-April 2014. Every region of the state experienced a decline in April sales. The Central region fared the best, falling just 3.8 percent over the April 2013 to April 2014 period, followed by the Northeast region which dropped 8.5 percent over the period. The South central region fell 9.6 percent and the Southeast region saw a decline of 10.1 percent. Finally, the North region dropped 17.4 percent and the West fell 25.5 percent. Interestingly, home sales fell more substantially in the metropolitan counties which averaged a 13 percent reduction in sales in April compared to rural counties which declined 7 percent between April 2013 and April 2014. “This may be due in part to much tighter inventories in the urban counties compared to rural counties,” Lane said. Rural counties had just over 14 months of available inventory in April compared to just 6.9 months for metropolitan counties.

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, overall home sales & prices have been increasing over the past few years. This month however showed a decrease of home sales statewide, but an increase in home prices.

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 Home Listings in Rock County to search for current Rock County properties or visit Home Listings in Dane County for homes in Dane County Wisconsin.

Now might be the right time to sell your Wisconsin home. 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, 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:

What's My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? 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:

March 2014
Home Sales: 5,369
Median Home Price: $139,400

March 2013
Home Sales: 6,003
Median Home Price: $138,000

Housing Statistics for Dane County, WI:

March 2014
Home Sales: 590
Median Home Price: $210,000

March 2013
Home Sales: 701
Median Home Price: $209,900

Housing Statistics for Rock County, WI:

March 2014
Home Sales: 170
Median Home Price: $115,000

March 2013
Home Sales: 175
Median Home Price: $105,000

View my report from last month. Wisconsin March 2014 Housing Statistics

Read more…

Welcome-to-Wisconsin-300x225.jpg?width=300The Wisconsin housing statistics are in for February of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

For the second straight month, home sales dropped as Wisconsin recorded its coldest winter in decades according to an analysis of February housing market activity released by the Wisconsin REALTORS® Association (WRA). Existing home sales dropped 10.1 percent relative to February 2013; however median prices actually increased substantially, rising 7.4 percent to $130,000 over the same 12 month period.

We live in Wisconsin. We expect slow sales in February,” said Steve Lane, chairman of the WRA board of directors. “But we broke many records for cold temperatures this winter, so it’s not surprising this year’s February sales were off the 2013 pace,” Lane said. “Weather extremes weren’t the only thing that conspired to dampen sales. Median prices have grown consistently since March of 2012 and mortgage interest rates have been climbing and are now almost a full percentage point higher than this time last 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. This February showed a decrease of home sale statewide, but an increase in home prices. Dane County's prices stayed fairly stagnant year over year, while Rock County's median home price was up over 20%!

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 Rock County, WI Home Listings to search for current properties listed in Rock County or visit Dane County, WI Home Listings for homes in Dane County.

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:

What's My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? 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:

February 2014
Home Sales: 3,338
Median Home Price: $130,000

February 2013
Home Sales: 3,688
Median Home Price: $121,000

Housing Statistics for Dane County, WI:

February 2014
Home Sales: 331
Median Home Price: $193,000

February 2013
Home Sales: 349
Median Home Price: $195,000

Housing Statistics for Rock County, WI:

February 2014
Home Sales: 109
Median Home Price: $97,500

February 2013
Home Sales: 108
Median Home Price: $78,700

View my report from last month. Wisconsin January 2014 Housing Statistics

Read more…

Welcome-to-Wisconsin-300x225.jpg?width=300The Wisconsin housing statistics are in for January of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

The harsh winter took a toll on January home sales in Wisconsin, according to the most recent analysis of housing market activity released by the Wisconsin REALTORS® Association (WRA). Existing home sales were down 6.8 percent relative to January 2013, but median prices rose 3.2 percent to $126,900 over that same time frame.

Home sales cooled along with the weather in January,” said Steve Lane, chairman of the WRA board of directors. “REALTORS® know that buyers and sellers don’t like closing on homes during winter months, preferring instead to move when the weather improves,” Lane said. “This winter has been anything but typical, with brutally cold weather and plenty of snow contributing to the decline in January sales,” 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. This month however home sales number decreased, but take a look at the price increase! The price rebound in our region is certainly still under way. Rock County was up 11% year over year in January!

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 Rock County, WI Home Listings to search for current properties listed in Rock County or visit Dane County, WI Home Listings for homes in Dane County.

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:

What's My Wisconsin Home Worth?

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:

January 2014
Home Sales: 3,325
Median Home Price: $126,000

January 2013
Home Sales: 3,520
Median Home Price: $123,000

Housing Statistics for Dane County, WI:

January 2014
Home Sales: 282
Median Home Price: $200,000

January 2013
Home Sales: 320
Median Home Price: $194,750

Housing Statistics for Rock County, WI:

January 2014
Home Sales: 99
Median Home Price: $99,900

January 2013
Home Sales: 111
Median Home Price: $90,000

View my report from last month. Wisconsin December 2013 Housing Statistics

Read more…

Welcome-to-Wisconsin-300x225.jpg?width=300The Wisconsin housing statistics are in for March of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Home sales dropped for the third straight month in Wisconsin as the frigid temperatures and hefty snowfall continued into March, according to the latest analysis of housing market activity released by the Wisconsin REALTORS® Association (WRA). Compared to March 2013, home sales declined 11.3 percent in March 2014, which contributed to a weak first quarter. First-quarter sales fell 8.5 percent compared to the first quarter of 2013. However, the median price of existing homes rose a modest 1.9 percent to $136,500 over the period between March 2013 and March 2014. Median prices were up 4.2 percent for the first quarter relative to the same quarter last year.

Even with spring officially arriving in the middle of March, the spring selling season has been slow to gather steam,” said Steve Lane, chairman of the WRA board of directors. “We are hopeful that the spring thaw will jump-start the selling season that traditionally gains momentum in the second quarter,” Lane said. Still, Lane noted that the first quarter sales remain above their levels of two years ago — a year that had a relatively mild winter by comparison.

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. This month again showed a decrease of home sales statewide, but an increase in home prices. Dane County's prices increased around 4% in March, year over year, while Rock County's median home price stayed nearly the same. Rock County did show an increase in home sales though, in contrast with the rest of the state.

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 Home Listings in Rock County to search for current Rock County properties or visit Home Listings in Dane County for homes in Dane County Wisconsin.

Now might be the right time to sell your Wisconsin home. 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, 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:

What's My Wisconsin Home Worth?

Has your home value fallen below what you currently owe? Have you experienced a hardship like divorce or job loss? 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:

March 2014
Home Sales: 4,588
Median Home Price: $136,700

March 2013
Home Sales: 5,160
Median Home Price: $134,000

Housing Statistics for Dane County, WI:

March 2014
Home Sales: 490
Median Home Price: $203,000

March 2013
Home Sales: 534
Median Home Price: $195,000

Housing Statistics for Rock County, WI:

March 2014
Home Sales: 149
Median Home Price: $102,900

March 2013
Home Sales: 133
Median Home Price: $103,000

View my report from last month. Wisconsin February 2014 Housing Statistics

Read more…

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