Wisconsin July 2011 Housing Statistics | Janesville WI Real Estate ...

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

?As expected, the sales of existing homes in Wisconsin increased 34.4 percent over July of last year, and the median house price fell 5.9 percent to $139,900?

?We anticipated July was going to show very strong sales compared to last year when the federal homebuyers tax credit expired,? said John Horning, Chairman of the WRA Board of Directors. The federal tax credit expired in June of 2010 causing a substantial decline in home sales the following month. ?Home sales this year follow a more typical seasonal pattern whereas last year sales were front-loaded into the first six months because of the tax credit,? said Horning. ?That?s why the sales figures for April, May and June this year appeared so weak, and it?s one of the reasons they are so strong in July,? Horning 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. 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:

July 2011
Home Sales: 5,132
Median Home Price: $139,900

June 2010
Home Sales: 3,797
Median Home Price: $148,800

Housing Statistics for Dane County, WI:

June 2011
Home Sales: 546
Median Home Price: $211,500

June 2010
Home Sales: 385
Median Home Price: $221,500

Housing Statistics for Rock County, WI:

June 2011
Home Sales: 146
Median Home Price: $99,500

June 2010
Home Sales: 109
Median Home Price: $122,000

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

Source: http://blog.rockrealtywi.com/wisconsin-july-2011-housing-statistics/

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