Wisconsin April 2013 Housing Statistics

The Wisconsin housing statistics are in for April of 2013. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Wisconsin existing home sales jumped 9.2 percent in April 2013 compared to April 2012, representing 22 straight months of positive sales growth in the state. Median prices climbed by a solid margin, growing 7.8 percent over the past year to $138,000, according to the most recent statistical report released by the Wisconsin REALTORS^® Association (WRA).

“This is a solid but sustainable pace of sales,” said Renny Diedrich, chairman of the WRA board of directors. This continues the modest growth established in the first quarter of the year nationally in which sales were up 9.8 percent, as well as for Wisconsin, where revised figures show that sales rose 11.7 percent compared to first quarter of 2012. “It looks like the first quarter trends are continuing into the prime selling period of the year, which is very encouraging,” Diedrich said, noting that in a typical year, about 60 percent of Wisconsin home sales take place between April and September.

Median prices increased 7.8 percent in April compared to April 2012, after rising 9.3 percent in March, again compared to the same month in 2012. “We’re seeing strong upward price pressure statewide and across all regions,” said Michael Theo, WRA President and CEO, who pointed to a number of factors on both the demand and supply sides of the market.

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. Both Dane and Rock counties are showing marked improvements in the number of homes sold and the price at which they are being sold at. This spring has been really hot for the properties that are priced right!

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.

Housing Statistics for the State of Wisconsin:

April 2013
Home Sales: 5,901
Median Home Price: $138,000

April 2012
Home Sales: 5,367
Median Home Price: $128,000

Housing Statistics for Dane County, WI:

April 2013
Home Sales: 684
Median Home Price: $208,750

April 2012
Home Sales: 526
Median Home Price: $203,250

Housing Statistics for Rock County, WI:

April 2013
Home Sales: 173
Median Home Price: $105,000

April 2012
Home Sales: 173
Median Home Price: $87,500

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