Main: General News: Regional News

Home sales continue spike; Northwoods best in the state Submitted: 02/19/2013
Wisconsin - The home sales market just keeps getting better and better for sellers here in the state. Sales last month were up more than 18% compared to January of last year. The average price of a home also bumped 3.5% percent to $123,000. The industry's recovery has been on a roll. It's the 19th consecutive month home sales are up by a double-digit percentage mark. We saw the most drastic growth here in Northern Wisconsin. Sales spiked by more than 30% over last January. Prices still have a long way to go to fully recover. A median home sold for $156,000 at the housing peak in January 2007. The Northwoods is still the least expensive place to buy a home. Median sales are $95,000 dollars.

Written By: Ben Meyer

Text Size: + Increase | Decrease -