Nearly 12 percent increase in Wisconsin home sales
MADISON Homes sales in Wisconsin rose for the 20th consecutive month in February.
A report by the Wisconsin Realtors Association says sales increased nearly 12 percent compared to last February. The central region of the state saw particularly strong growth, with sales up 24 percent compared to last year.
Median home prices rose to $122,000 in February. That's a 6 percent increase over a year ago. While the majority of homes in Wisconsin sell between April and September, association board chairman Renny Diedrich says winter sales did pretty well.
December, January and February sales increased 14.5 percent compared to the same period in 2012.
In Walworth County, according to date from the WRA, the number of home sales in February 2013 was 90, up from 76 in January. That compares to 66 and 73 home sales in January and February of 2012, respectively.
The median price of a home was $124,500 for February of 2013, down from $129,000 the month before, and compared to $116, 900 in February of 2012.