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