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The Wisconsin housing statistics are now in for April of 2012. Here is an excerpt from what the Wisconsin Realtors Association (WRA) had to say:


“The strong pace of existing home sales continued, with 10 straight months of double-digit sales growth. Home sales rose 19.5 percent in April 2012 compared to April 2011, according to the most recent monthly report by the Wisconsin REALTORS^® Association (WRA). Home prices were also up for the second straight month, rising 2.4 percent to $128,000 in April compared to April 2011."


“After several years of a stagnate housing market, it’s encouraging to see sustained growth in home sales, especially as we enter the summer, which is the prime season for home sales in the state,” said Rob Keefe, Chairman of the WRA board of directors.


The WRA says an improving state jobs market is helping home sales. Since December, the state has added nearly 18,000 nonfarm private jobs even as government employment fell by 3,400 based on seasonally adjusted estimates.


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 can see, home sales have been increasing substantially this year. The median sale price in Dane County has risen approximately $8,500 year over year. In Rock County Wisconsin, the median sale price has fallen, $2,450, year over year.


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. Has your home value fallen below what you currently owe? A short sale may be right for your situation. Visit the following page on Wisconsin Short Sales.


The available houses in Winchester, VA in April 2012 has risen to 582.  That's a 7% increase in inventory over March listings.  In contrast, the number of REOs and short sales have declined slightly.

Winchester City holds 112 of the available listings, down three from March.  The number of REOs in April stand at 4 and short sales at 11.  The March numbers are basically unchanged.  March had 115 listings with 4 REOs and 11short sales.  Winchester has seen less movement than Frederick County.

Frederick County, VA has 470 active listings.  Of that number, 33 are REOs and 43 are short sales.  The March listings were 448 with 36 REOsand 45 short sales.  Both REOs and short sales are down in the county.  The overall number of listings has increased by 22, but the distressed properties are dropping.

The drop in distressed properties in the Winchester / Frederick County, VA area is a good sign that the local real estate recession may have turned the corner.  The overall market is up, but distressed properties are down 5%.  For homeowners who have been waiting on the sidelines to sell, this is good news.

For home-buyers who have been waiting for the market to hit bottom, this may be it.  If you're thinking about buying a distressed property, now is the time. The inventory is starting to shift toward fair market listings, and when that happens, highly discounted properties will slowly disappear.  

Available Houses in Winchester, VA - April 2012

All Listings in Winchester, VA - April 2012

REOs in Winchester, VA - April 2012

Short Sales in Winchester, VA - April 2012