Welcome-to-WisconsinHome Sales and Median Prices Grow at Robust Pace in April

The Wisconsin housing statistics are in for the month of April, 2015. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:


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For the second straight month, the Wisconsin housing market grew at a very strong annual pace, according to the most recent housing market analysis released by the Wisconsin REALTORS® Association (WRA). Existing home sales were up 16.8 percent comparing April 2015 with the same month in 2014, and median prices rose 10.7 percent to $154,900 in April 2015 relative to April 2014.

After a slow start to the year, the spring housing market has really come to life,” said Dan Kruse, chairman of WRA board of directors. To put into perspective, April 2015 is the strongest April sales total since 2010, and the second strongest since 2006, before the recession began. “The growth in sales was strong in every region of the state and was especially robust in the less-urban regions,” said Kruse.
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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 & home sales increased significantly, year over year! If you are thinking of buying or selling, the market is REALLY heating up! Dane County home prices are up (9.5%)!, while Rock County home sales are up (10%)!!!, year over year.


Housing Statistics for the State of Wisconsin:

May 2015
Home Sales: 7,727
Median Home Price: $160,000

May 2014
Home Sales: 7,098
Median Home Price: $150,000

Housing Statistics for Dane County, WI:

May 2015
Home Sales: 1,118
Median Home Price: $233,950

May 2014
Home Sales: 995
Median Home Price: $224,000

Housing Statistics for Rock County, WI:

May 2015
Home Sales: 236
Median Home Price: $130,250

May 2014
Home Sales: 215
Median Home Price: $119,500

View my report from last month. Wisconsin April 2015 Housing Statistics


Thinking of purchasing a home before prices or rates rise any further? We’d be happy to show you any homes currently listed for sale. Take a look at all available MLS listings below or tell us more about what you are looking for in your next home.

Madison Area Home Search   Janesville Area Home Search   My Next Home


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, we 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.

What's your house worth in today's market?

 

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Michael Collins, CDPE, SFR

Broker

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