The 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.
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
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