1st Quarter Housing Sales Statistics, from Wisconsin Realtors Association
The State of Wisconsin's Housing Statistics are out for March and the 1st quarter is looking strong thus far. The quantity of sales in the State are up 11% while the median WI sales price for a home in the first quarter of 2013 was 5% greater than the first quarter of 2012:
Locally, we have had a very healthy winter as far as buyer activity but our local area's sales statistics did not out-perform the state. We believe this has much to do with our lingering winter! There are many Buyers on the fence right now, waiting for ice to thaw on our lakes before they plunge into a home purchase. Our website activity has never been greater and we know the pent-up demand will materialize as soon as spring becomes a reality up north!
Below are the Vilas and Oneida sales figures per the Wisconsin Realtors Association published statistics:
The Vilas County quantity of homes sold was down just 1% in the first quarter, while median sales price grew by 2%.
The Oneida County quantity of homes sold grew by 12% over 2012, while median sales price fell by 8%.
Contact Eliason Realty to learn about how you can participate in the real estate recovery!
Source: Wisconsin Realtors Association