Wisconsin April 2014 Housing Statistics

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

Housing Statistics for Dane County, WI:

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

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

Housing Statistics for Rock County, WI:

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

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

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

Wisconsin January 2014 Housing Statistics

The 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

Wisconsin December 2013 Housing Statistics

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

2013 was a robust year for Wisconsin’s housing market, with both sales and prices increasing by solid margins, according to the year-end housing report released by the Wisconsin REALTORS® Association (WRA). Existing home sales were up 10.8 percent compared to 2012, and median prices increased 7.2 percent to $143,000 over that same time frame.

“Strong sales dominated 2013, which is remarkable given that this is compared to 2012, which was also a very good year for the housing market,” said Steve Lane, chairman of the WRA board of directors. According to Lane, existing home sales were up in every region of the state in 2013 relative to the previous year.

Lane noted housing sales were strong despite raising interest rates and prices. “Mortgage rates have increased a full percentage point since January, and median prices have grown consistently throughout the year,” Lane said. “Yet the entire state posted genuine gains in 2013, a trend we hope and believe will continue into the new 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. Take a look at Dane & Rock County! Marked improvements in price and sales volume, a great sign.

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 Janesville, WI MLS Listings to search for current properties listed in the Janesville area or visit Madison, WI MLS Listings for MLS Listings in the Madison area.

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:

December 2013
Home Sales: 4,620
Median Home Price: $143,250

December 2012
Home Sales: 4,343
Median Home Price: $133,900

Housing Statistics for Dane County, WI:

December 2013
Home Sales: 440
Median Home Price: $210,671

December 2012
Home Sales: 411
Median Home Price: $200,000

Housing Statistics for Rock County, WI:

December 2013
Home Sales: 139
Median Home Price: $108,000

December 2012
Home Sales: 113
Median Home Price: $95,000

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

Wisconsin November 2013 Housing Statistics

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

Wisconsin home sales fell 6 percent in November 2013 when compared to November 2012, although total sales for the year remain ahead of 2012. Comparing the first 11 months, home sales were up 11.1 percent in 2013 over 2012. Prices were also higher in November, rising 4.7 percent above the same month last year, to a statewide median of $136,000.

“Over the last two months, the housing market has definitely cooled from the red-hot pace that characterized the first three quarters of 2013.” said Steve Lane, chairman of the WRA board of directors. “This was bound to happen since the base of comparison is 2012, and that was a very strong year for home sales.” he said.

Lane pointed to markedly higher mortgage rates, steady upward movement in prices over the last year and a half, and heightened uncertainty of federal fiscal and health care policies as potential factors for the cool down..

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. Although the numbers cooled in November statewide, Dane and Rock County have been outperforming!

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 Janesville, WI Homes for Sale to search for current properties listed in the Janesville area or visit Madison, WI Home Listings for Sale for MLS Listings in the Madison area.

Now might be the right time to sell your 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:

November 2013
Home Sales: 4,770
Median Home Price: $136,000

November 2012
Home Sales: 5,020
Median Home Price: $129,950

Housing Statistics for Dane County, WI:

November 2013
Home Sales: 419
Median Home Price: $208,500

November 2012
Home Sales: 415
Median Home Price: $198,000

Housing Statistics for Rock County, WI:

November 2013
Home Sales: 144
Median Home Price: $108,750

November 2012
Home Sales: 141
Median Home Price: $87,000

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

Wisconsin October 2013 Housing Statistics

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

Wisconsin’s red-hot real estate market cooled in October, with sales of existing homes nearly identical to October of last year, according to the most recent housing report issued by the Wisconsin Realtors® Association. October sales were just 0.1 percent lower than last October, representing the first time since July of 2011 that monthly sales did not increase over the previous year. The median sales price however continued to rise, increasing 5.6 percent to $142,500 in October relative to October 2012. On a year-to-date basis, median prices increased 7.5 percent compared to the first 10 months of 2012.

“While somewhat surprising, these numbers are not totally unexpected,” said Steve Lane, chairman of the WRA board of directors. “We are comparing sales between two very strong years and two very healthy markets,” he said.

Sales softened in all regions of the state. The strongest regional growth was in the South central region, where sales were up 3.9 percent.

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. As you can see, Rock County was exceptionally strong in October for both the number of homes sold as well as the price at which they sold.

I'd be happy to show you any homes currently listed for sale. Feel free to visit Janesville, WI Home Listings for Sale to search for current properties listed in the Janesville area or visit Madison, WI Homes for Sale for MLS Listings in the Madison area.

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 the following page on Wisconsin Short Sales.

Housing Statistics for the State of Wisconsin:

October 2013
Home Sales: 5,711
Median Home Price: $142,000

October 2012
Home Sales: 5,652
Median Home Price: $135,000

Housing Statistics for Dane County, WI:

October 2013
Home Sales: 513
Median Home Price: $218,000

October 2012
Home Sales: 493
Median Home Price: $198,878

Housing Statistics for Rock County, WI:

October 2013
Home Sales: 168
Median Home Price: $109,000

October 2012
Home Sales: 147
Median Home Price: $85,000

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

Foreclosure Listings in Rock County Wisconsin

Here is today's market listings update for Active foreclosure single family homes located in Rock County Wisconsin. This information was pulled from the South Central Wisconsin MLS on 3/7/2012 at 8:30 A.M.

• 59 total Foreclosure|Bank Owned|REO homes are currently listed in Rock County, WI
• Low listing price: $10,000
• High listing price: $369,900
• Average listing price: $85,857
• Median listing price: $60,000
• Average days on the market: 63

Click here to see these Rock County Foreclosure Homes.

Of course these numbers change on a daily basis, so to obtain the most up to date information on current foreclosure/bank owned homes for sale, please contact us directly at 608-921-8536. We would be happy to customize the search further for you to find the home that is just right for you.

As an extra benefit to Rock Realty home buyers, we offer a 1% broker commission rebate after closing. This could mean $1,500 back on a home purchase of $150,000. We love to hear how these rebates help our clients. Some use them for home improvements, while others simply put it in savings for future needs. It is a great option that we are happy to offer. Contact us for further details and limitations.

At Rock Realty, we currently have great single family homes listed for sale in Rock County. Feel free to visit our listings page linked below:

Rock County Wisconsin Home Listings 

Additional Foreclosure|Bank Owned Home Purchase Information

• Tips for Purchasing a Foreclosure
• Using FHA 203K Loan to Purchase a Fixer-Upper
• Getting Approved for an FHA Mortgage
• Buying a Wisconsin home after a Short Sale or Foreclosure
• Avoiding Problems with Your Escrow Account
• Half of Homeowners Underwater on their Mortgage

Short Sale Homes in Rock County Wisconsin

Here is today's market listings update for Active short sale single family homes located in Rock County Wisconsin. This information was pulled from the South Central Wisconsin MLS on 3/6/2012 at 12:15 P.M.

• 66 total short sale homes are currently listed in Rock County, WI
• Low listing price: $26,800
• High listing price: $290,000
• Average listing price: $109,994
• Median listing price: $97,000
• Average days on the market: 158

Of course these numbers change on a daily basis, so to obtain the most up to date information on current short sales for sale, please contact us directly at 608-921-8536. We would be happy to customize the search further for you to find the home that is just right for you.

As an extra benefit to Rock Realty home buyers, we offer a 1% broker commission rebate after closing. This could mean $1,500 back on a home purchase of $150,000. We love to hear how these rebates help our clients. Some use them for home improvements, while others simply put it in savings for future needs. It is a great option that we are happy to offer. Contact us for further details and limitations.

At Rock Realty, we currently have great short sale homes listed for sale in Rock County. Feel free to visit our listings page linked below:

Rock County Wisconsin Home Listings 

Original Post - Short Sales in Rock County WI

Additional Short Sale Information

• Benefits of Buying an Owner-Occupied Wisconsin Short Sale
• Tips for Buying a Wisconsin Short Sale
• Buying a Wisconsin home after a Short Sale or Foreclosure
• What is a short sale?
• Is a Short Sale right for my home?
• Half of Homeowners Underwater on their Mortgage

Wisconsin September 2011 Housing Statistics

The Wisconsin housing statistics are now in for September of 2011. Here is an excerpt from what the Wisconsin Realtors Association (WRA) had to say:

Wisconsin home sales were significantly higher in September even as median prices dipped slightly from their levels last year. Existing home sales rose 17.7 percent in September compared to September last year, and median prices fell 1.5 percent to $134,900 over the same period, according to data released by the Wisconsin REALTORS^® Association (WRA).

“It’s no surprise to anyone familiar with the housing market that home sales were so strong in the last three months compared to 2010,” said Rob Keefe, Chairman of the WRA Board of Directors. The expiration of the federal tax rebate program in June last year pushed much of the 2010 sales activity into the first half of the year, creating a steep drop-off in the second half. In fact, home sales for the July through September period were up 26.2 percent over the third quarter last year primarily as a result of the termination of the federal program. “Still, on a year-to-date basis, we’re only 4.9 percent off the pace set last year, and we expect to further close that gap in the fourth quarter,” said Keefe.

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. What I find most interesting in the latest data is that Rock County Wisconsin home prices are increasing, while Dane County Wisconsin home prices decreased by over 10 percent.

If you would like some insight into how much your home is 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.

Housing Statistics for the State of WI: 

September 2011
Home Sales: 4,855
Median Home Price: $134,199

September 2010
Home Sales: 4,072
Median Home Price: $137,000

Housing Statistics for Dane County, WI: 

September 2011
Home Sales: 373
Median Home Price: $196,859

September 2010
Home Sales: 302
Median Home Price: $222,225

Housing Statistics for Rock County, WI:

September 2011
Home Sales: 155
Median Home Price: $84,000

September 2010
Home Sales: 109
Median Home Price: $80,000

This information is courtesy of the WRA, Wisconsin Realtors Association. Please follow this link for further details: WRA Housing Statistics

View my report from last month. Wisconsin Housing Statistics

Wisconsin May 2011 Housing Statistics

The Wisconsin housing statistics are now in for May of 2011. As you may have heard, home sales and median prices across the country are again falling. Wisconsin unfortunately is no different. We have held up much better than many parts of the country however.

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. If you would like some insight into how much your home is 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.

Housing Statistics for the State of WI:

May 2011
Home Sales: 4,925
Median Home Price: $136,500

May 2010
Home Sales: 6,311
Median Home Price: $144,200

Housing Statistics for Dane County, WI:

May 2011
Home Sales: 509
Median Home Price: $212,000

May 2010
Home Sales: 710
Median Home Price: $200,000

Housing Statistics for Rock County, WI:

May 2011
Home Sales: 148
Median Home Price: $89,000

May 2010
Home Sales: 213
Median Home Price: $109,900

This information is courtesy of the WRA, Wisconsin Realtors Association. Please follow this link for further details: Wisconsin Housing Statistics

Janesville WI Sidewalk Installs

The Janesville City Council has approved a plan to install sidewalks throughout the entire city. This plan over-rides any deed restrictions or covenants that run with the property. I believe this will lower property values and deter people from buying within the city. Home buyers specifically target areas without sidewalks for various reasons. Now, there can be no expectation for these kind of properties within the city of Janesville.

The burden placed on existing homeowers is great. Many residents voiced their displeasure with this measure during an April council meeting. Some will have a bill of $5000 or more. A burden many can not bare during this down economic period.

This is simply a bad move now or in the future. What are your opinons on this Janesville sidewalks issue. Please let me know by leaving a comment.

Regards,
Michael Collins - Broker
Rock Realty
(608)921-8536
Rock Solid Real Estate Strategies