Home Sales Hold Steady in Dodge County

1/24/12 – The number of homes sold by Wisconsin Realtors went up slightly in 2011, while the median price dropped by 6.4%. The Realtors Association says that its members sold just over 51,500 existing houses in Wisconsin last year — 120 more than in 2010. There were 745 homes sold in Dodge County, one more than in 2010. In Columbia County last year there were 522 homes sold, up 23 from the previous year. Jefferson County had 741 homes sold last year, and increase of 14. There were 20 less homes sold in Washington County in 2011 compared to the previous year, for a total of 1096. Realtors’ board chairman Rob Keefe said home sales lagged from last January through June because the previous year’s federal tax credits had expired. The median home sales price for the year was $132,000, that’s $9000 less than in 2010. Dodge County’s median price was down $18,000 over the two-year-period to $100,000. Columbia County price-tags dropped by $12,000 to $128,000. Jefferson County was down $10,000 to $140,000. Washington County saw median home prices drop by $5000 to $180,000. Realtors’ C-E-O Mike Theo says it’s still a buyer’s market. He says the employment picture needs to improve if home sales are to keep growing but Theo said the recent drop in the jobless rate is a quote, “welcomed sign.”