Wisconsin Home Sales Hang Strong for 2017 Record
Home sales in Wisconsin took a huge step in the right direction thanks to a strong and stable economy. It led to third-year of record level sales according to.a recent report.
"There were 83,006 existing home sales in the state last year, a 1.4% jump over 2016's record, according to Dave Clark, a consultant for the Realtors association," according to National Mortgage News.
"The data include only sales of existing homes made with the help of a Realtor, he said."
In an interesting twist, millennials are actually stepping up to the plate. According to the report, the data shows that the number of millennials looking to buy their first home contributed to the record sales year for Wisconsin.
Interestingly enough, the media price increased in 63 of the 72 counties in Wisconsin, according to the report. In addition, the increase was 2.6% for every county that had over 1,000 sales.
"The highest median sale price belonged to Waukesha County ($277,000), followed by Ozaukee County ($276,450) and Dane County ($262,900)," according to the report. It was also noted that this was the same for 2016 as well.
With more 2017 stats coming in for the top housing markets in the U.S., 2018 looks to have quite the tough competition when it comes to topping 2017 sales.
To learn more about Wisconsin's record year in homes sales, click on the image above.
