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More homes sold in the Northwoods last year and at higher pricesSubmitted: 02/22/2018
More homes sold in the Northwoods last year and at higher prices
Story By Phylicia Ashley

NORTHWOODS - Lakes and nature bring people from all over the country to the Northwoods during the summer.
Those same attractions get some people to stay here.
Home sales and home prices in the Northwoods went up in 2017.

The Wisconsin Realtors Association reports about 1,300 more homes sold last year than in 2016 in Wisconsin.
A local broker saw the increase firsthand.
"The markets that are going crazy right now are premium homes. The Minocqua chain is red hot, the Eagle River chain is pretty hot the Three Lakes chain is pretty hot and there are some chains of lakes that are less hot," said Coldwell Banker broker Jim Mulleady. 


The Northwoods sold 443 more homes in 2017 than 2016.
The median price of a home went up about $12,000.
Mulleady said the low inventory and increased demand raised the price of homes in the area.



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