Home Sales and Prices Continue to Grow

Wisconsin home sales kept growing at a strong pace in June. The state’s Realtors Association is reporting that its members sold just over 68-hundred existing homes throughout Wisconsin last month. That’s 19-point-three-percent more than in the same month of 2011. The median purchase price grew by one-point-four percent to 142-thousand dollars. It was the fourth month in a row the median price went up. Dodge County saw another jump in sales and price. Realtors sold 82 homes in June, up 36% from the same period last year. The price was up more than 17-percent to $114,800. Columbia County saw a 1-percent jump in homes sold to 64 and the median price was up 6.7-percent to $150,500. There was a nearly 10-percent increase in homes sold in Jefferson County, while the price went up 3.6-percent to just more than $145,000. There were 108 homes sold in Fond du Lac County last month, a 33-percent increase over last year, while prices were also up 16-percent to $121,000. And in Washington County, realtors sold 44-percent more homes while the price was up about 1-percent to $184,500. Rob Keefe, who heads the Realtors’ Board of Directors, said it’s encouraging to see such strong home sales, at a time when the national economic recovery has not grown as much as in other recoveries.