Wisdom and South Central Wisconsin Real Estate information

Posts tagged ‘Single-family detached home’

WRA posts new report and sales and median homes sale price are up over last year with 21 months of sales growth.

Frank loyd wright

Frank loyd wright (Photo credit: Aikaterini Koutsi Marouda aka kotsifi)

The Wisconsin Realtors Association has released a new real estate market update.

Press Release and Report

MADISON, Wis. –Wisconsin existing home sales increased 3 percent in March, which is the 21st straight month of sales growth. Median prices grew 9.7 percent to $134,900 in March, compared to the same period last year, according to statistics released by the WRA. Sales during the first quarter were up 10.8 percent, and median prices rose 5 percent relative to the first quarter of 2012. 

Read the report at https://www.wra.org/HSRMARCH2013/

 

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Newer Homes in Stoughton Wisconsin

Kamakoa Nui single-family detached model home

Kamakoa Nui single-family detached model home (Photo credit: Hawaii County)

For newer single family homes in Stoughton under 15 years of age the homes range from 1,092 sq. ft. to 2,835 sq. ft. above grade living area. Sales prices range from $148,400 to $343,000. Active listings range from $149,900 to $399,900. The average sale price is $233,031 and the median sale price is $228,000 so homes in the typical 1st home buyer market are selling the most. There is 9 months of inventory, which means it will take 9 months to sell all of the houses currently on the market making it a buyers market. It also means the odds of selling a house in the 1st month is around 10%.

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