madison (37)

Welcome-to-Wisconsin.jpg?width=300The Wisconsin housing statistics are in for July of 2013. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Wisconsin home sales and prices both grew in July, outpacing the solid rate established for the first half of 2013. Sales of existing homes for July increased 17.3 percent over July of 2012, which is stronger than the 11.4 percent rate of growth established in the first six months of this year over the first half of last year. Home prices also continued their strong rate of appreciation, increasing 9.0 percent in July over last July, to a statewide median of $155,299. Prices for the first six months of the year were up 7.7 percent.

It’s clear that 2013 is shaping up to be a very strong year for Wisconsin housing and the indications are that these trends will continue,” said Renny Diedrich, chairman of the WRA board of directors. "We’re at the peak of the Wisconsin home selling season, with nearly 43 percent of all sales taking place between May and August in a typical year,” Diedrich said.

This is very strong median price appreciation and it’s consistent with national trends,” said WRA President and CEO Michael Theo. Theo said statistics from the National Association of REALTORS® show that the median sales price of single-family homes nationally increased 12.2 percent in the second quarter compared to the second quarter of 2012, which represents the strongest year-over-year increase since the fourth quarter of 2005.

Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. As you probably have heard, home sales & prices have been increasing over the past few years. Both Dane and Rock counties are showing marked improvements in the number of homes sold and the price at which they are being sold at. This summer has been really hot for the properties that are priced right! There's been a large increase in sale prices, as you can see below.

I'd be happy to show you any homes currently listed for sale. Feel free to visit: WISCONSIN HOMES FOR SALE to search for current properties listed on the MLS.

If you would like some insight into how much your home is currently worth, I would be happy to provide you with a free comparative market analysis. This is a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Has your home value fallen below what you currently owe? A short sale may be right for your situation. Visit the following page on Wisconsin Short Sales.

Housing Statistics for the State of Wisconsin:

July 2013
Home Sales: 7,320
Median Home Price: $155,000

July 2012
Home Sales: 6,196
Median Home Price: $142,250

Housing Statistics for Dane County, WI:

July 2013
Home Sales: 940
Median Home Price: $214,950

July 2012
Home Sales: 731
Median Home Price: $195,000

Housing Statistics for Rock County, WI:

July 2013
Home Sales: 172
Median Home Price: $108,000

July 2012
Home Sales: 165
Median Home Price: $107,500

View my report from last month. Wisconsin June 2013 Housing Statistics

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Welcome-to-Wisconsin.jpg?width=300The Wisconsin housing statistics are in for June of 2013. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Wisconsin home sales rose an impressive 11.4 percent in the first six months of 2013 compared to last year, according to recent statistics compiled by the Wisconsin REALTORS® Association (WRA). In June alone, Wisconsin home sales were up 3.1 percent relative to last June, posting the 24th straight month of positive sales growth in the state. Median prices also continued to increase year-to-date, rising 7.7 percent to $140,000 compared to the first half of 2012. In June, prices were up 12.3 percent to $159,500 compared to June 2012.

The pace of sales in the first half of this year is well ahead of last year,” said Renny Diedrich, chairman of the WRA board of directors. "which is especially noteworthy since 2012 was an exceptional post-recession year for housing sales.” Diedrich said.

Adding to the good news was a significant drop in foreclosures during the first half of 2013. Unique foreclosures in the state are down 37.2 in the first half of 2013 compared to that same period in 2012, and down 44.5 in the second quarter this year compared to quarter two of 2012. “All in all, this paints a very healthy picture of the Wisconsin residential home market at the midyear point,” Diedrich said.

We’ve seen very strong growth in housing prices since they started improving 16 months ago,” said WRA President and CEO Michael Theo. And while higher prices impact housing affordability, homes in Wisconsin remain a good value.

Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. As you probably have heard, home sales & prices have been increasing over the past few years. Both Dane and Rock counties are showing marked improvements in the number of homes sold and the price at which they are being sold at. This summer has been really hot for the properties that are priced right! There's been a large increase in sale prices, as you can see below.

If you would like some insight into how much your home is currently worth, I would be happy to provide you with a free comparative market analysis. This is a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Has your home value fallen below what you currently owe? A short sale may be right for your situation. Visit the following page on Wisconsin Short Sales.

Housing Statistics for the State of Wisconsin:

June 2013
Home Sales: 7,265
Median Home Price: $159,000

June 2012
Home Sales: 7,012
Median Home Price: $142,000

Housing Statistics for Dane County, WI:

June 2013
Home Sales: 963
Median Home Price: $222,500

June 2012
Home Sales: 852
Median Home Price: $207,500

Housing Statistics for Rock County, WI:

June 2013
Home Sales: 181
Median Home Price: $120,000

June 2012
Home Sales: 202
Median Home Price: $110,000

View my report from last month. Wisconsin May 2013 Housing Statistics

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Rock Realty Client Testimonials

"Mike & Matt,

Thank you so much for helping us find our dream home! We love it! Thank you for the many hours spent in research, travel, phone calls, and emails. Thank you for being open & honest with us every step of the way! We felt we could trust you 100%. We really enjoyed working with you and highly recommend you to others.

Thanks!"

Kevin & Abby G. (Madison, WI)
Rock Realty Home Buyer Client

Rock Realty Client Testimonials

Thanks for the compliments, and Congratulations on your new home Kevin & Abby!

Looking to purchase a home in Wisconsin?? Contact Rock Realty! We would love to help!!

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Welcome-to-Wisconsin.jpg?width=300The Wisconsin housing statistics are in for May of 2013. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Strong home sales in Wisconsin for May helped boost prices up, according to the most recent statistical report released by the Wisconsin REALTORS® Association (WRA). The sale of existing homes in May increased 18.2 percent over last May, now the 23rd straight month of positive sales growth in Wisconsin, which helped push the median price up 4.3 percent to a statewide median of $144,000.

These are very positive signals and represent an uptick from the pace of sales established in the first four months of the year,” said Renny Diedrich, chairman of the WRA board of directors. Existing home sales rose 10.3 percent from January through April this year compared to that same four-month period in 2012. “There’s no doubt consumer demand has been strong over the last couple of years, but now we’re also seeing sellers jump back in the market as well,” Diedrich said.

Prices showed solid but sustainable growth,” said Michael Theo, WRA President and CEO. "We saw some large increases in median prices in March and April, so it’s good to see more modest increases in May."

Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. As you probably have heard, home sales & prices have been increasing over the past few years. Both Dane and Rock counties are showing marked improvements in the number of homes sold and the price at which they are being sold at. This spring has been really hot for the properties that are priced right! There's been a large increase in the number of home sold, as you can see below.

If you would like some insight into how much your home is currently worth, I would be happy to provide you with a free comparative market analysis. This is a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Has your home value fallen below what you currently owe? A short sale may be right for your situation. Visit the following page on Wisconsin Short Sales.

Housing Statistics for the State of Wisconsin:

May 2013
Home Sales: 7,403
Median Home Price: $144,000

May 2012
Home Sales: 6,181
Median Home Price: $138,000

Housing Statistics for Dane County, WI:

May 2013
Home Sales: 925
Median Home Price: $207,000

May 2012
Home Sales: 623
Median Home Price: $211,000

Housing Statistics for Rock County, WI:

May 2013
Home Sales: 205
Median Home Price: $114,000

May 2012
Home Sales: 173
Median Home Price: $100,000

View my report from last month. Wisconsin April 2013 Housing Statistics

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Counties of WI

The Wisconsin housing statistics are in for March of 2013. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:
March marked the 20th straight month of double-digit growth in sales of existing homes in Wisconsin, with sales up 11.7 percent compared to March 2012. Median home prices also grew to $122,000 in March, which represents a solid 6.1 percent rate of growth compared to March last year.
This is the highest sales volume we’ve seen in March since 2007, before the Great Recession began,”  said Renny Diedrich, chairman of the WRA board of directors. Noting that sales moderated somewhat from the double-digit growth rates of the past year and a half. “It’s inevitable that the torrid pace of sales will moderate since the base we’re comparing to is a much improved market. Our markets remain strong and growing.
“Very low mortgage rates have certainly stimulated sales activity, and this combined with a decline in new listings has brought our unsold inventory levels down to just nine months of supply,” said WRA President and CEO, Michael Theo.  Inventory levels are down from 12.1 months a year ago, and from approximately 18 months of unsold homes in July 2011.
Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. As you probably have heard, home sales & prices have been increasing over the past couple of years. Both Dane and Rock counties are showing marked improvements in the number of homes sold and the price at which they are being sold at. Dane County really showed an improvement in both home sales numbers and median home price this month over last year.
If you would like some insight into how much your home is currently worth, I would be happy to provide you with a free comparative market analysis. This is a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Has your home value fallen below what you currently owe? A short sale may be right for your situation. Visit the following page on Wisconsin Short Sales.
Housing Statistics for the State of Wisconsin:
March 2013
Home Sales: 4,910
Median Home Price: $123,000
March 2012
Home Sales: 5,102
Median Home Price: $134,900
Housing Statistics for Dane County, WI:
March 2013
Home Sales: 466
Median Home Price: $186,500
March 2012
Home Sales: 533
Median Home Price: $193,900
Housing Statistics for Rock County, WI:
March 2013
Home Sales: 155
Median Home Price: $86,000
March 2012
Home Sales: 132
Median Home Price: $103,500
View my report from last month. Wisconsin February 2013 Housing Statistics
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Rock Realty is proud to announce: Michael Collins has received his Certified Distressed Property Expert designation (CDPE).

Michael-Collins-Short-Sale-Realtor

This is Michael's second such designation in the distressed property and pre-foreclosure field. He also holds the Short Sales & Foreclosure Resource (SFR) certification. If you are looking for a short sale specialist in the greater Madison & Janesville Wisconsin areas, Michael Collins is the Realtor® for you!

In fact, in 2012 Michael was involved in more short sale single family home & condo closings than any other real estate agent in the South Central Wisconsin MLS! He has represented both buyers and seller clients in Dane, Rock & Green Counties. In 2012 alone, he closed 8 Short Sale homes where he was the listing agent. Click the link below to see those sold listings!

Michael's 2012 Short Sale Closings

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CDPETagLine

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Counties of WIThe Wisconsin housing statistics are now in for December of 2012. Here is an excerpt from what the Wisconsin Realtors Association (WRA) had to say:

Wisconsin’s housing market rebounded in 2012, with sales of existing home sales up substantially and median prices up modestly, according to the latest figures released by the Wisconsin REALTORS® Association (WRA). Sales of existing homes for 2012 were 20.7 percent above the levels of 2011, and the statewide median price increased 1.1 percent to $133,500 over that same period. “We’ve seen very strong growth in home sales for the last year and a half, which is an indication that buyers perceive the value of investing in housing again,”  said Renny Diedrich, chairman of the WRA board of directors. She noted that robust growth in home sales was seen throughout the state, with every region growing by double digits.
“Median prices have increased in eight of the last nine months, ending the year up 1.1 percent, which is a welcomed sign,” said WRA President and CEO, Michael Theo.
Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. As you probably have heard, home sales have been increasing substantially all year. Both Dane and Rock counties are showing marked improvements in the number of homes sold. Prices have bounced in Rock County, while in Dane County WI they appear to now be slowly stabilizing.
If you would like some insight into how much your home is currently worth, I would be happy to provide you with a free comparative market analysis. This is a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Has your home value fallen below what you currently owe? A short sale may be right for your situation. Visit the following page on Wisconsin Short Sales.
Housing Statistics for the State of Wisconsin:
December 2012
Home Sales: 4,291
Median Home Price: $132,500
December 2011
Home Sales: 3,850
Median Home Price: $120,000
Housing Statistics for Dane County, WI:
December 2012
Home Sales: 404
Median Home Price: $200,000
December 2011
Home Sales: 318
Median Home Price: $206,000
Housing Statistics for Rock County, WI:
December 2012
Home Sales: 116
Median Home Price: $95,000
December 2011
Home Sales: 119
Median Home Price: $90,000
View my report from last month. Wisconsin November Housing Statistics
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photo credit: QuidnuncQuixot via photopin cc

Home Prices in Madison Show Improvement

Lots of good news about the Wisconsin real estate market has come out over the past two months.  Home prices are beginning to improve, homes are selling a bit quicker and foreclosures are down.  All of this points to improvement in the real estate market.  Listed below are some facts about prices in Madison based on various parameters.

Overall, home prices have been growing steadly since April of 2012.  The following chart, provided by Trulia, shows the average sales price across all types of homes

Home Prices in Madison picture 1


Although home prices have not returned to the average of $196,000 like it was last year, it is getting close. When comparing home prices at different tiers, Madison is staying ahead of the rest of the state in all three tiers.  The following charts are from Zillow.  This first chart points out two facts.  First, the average price for a home in Wisconsin in the upper tier is around $232,000.  However, for Madison the price is approximately $295,000.  This points to the continued growth in the Madison area.  Secondly, while the average price in this tier only increased 0.2% for the state of Wisconsin, in Madison the price improved by 1.6% 

Home Prices in Madison picture 2

For the middle tier pricing, the average price in Wisconsin is $142,000 compared to $187,000 in Madison.  This tier has also seen an increase from the last quarter, although not as strong as the higher tier.

Home Prices in Madison picture 3


Although the bottom tier in Madison has not shown as strong a price increase as the rest of the state, it is still moving up, which is a good indication.

Home Prices in Madison picture 4

When looking at homes based on size, there is even better news all around.  Homes at every size in Madison have shown increase in value over the past few months, as evidenced by this chart from Trulia.

No. Bedrooms

May - Jul '12

3 months prior

1 year prior

5 years prior

1 bedroom

$156,200

$145,000

$166,000

$167,000

2 bedrooms

$165,000

$141,500

$155,000

$172,250

3 bedrooms

$185,000

$180,000

$194,250

$210,000

4 bedrooms

$239,500

$232,250

$245,000

$267,500

All properties

$191,250

$182,500

$196,000

$204,900

Based on these figures, the average price across all home sizes has increased an average of 4.5% in the past three months.

 

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Counties of WIThe Wisconsin housing statistics are now in for November of 2012. Here is an excerpt from what the Wisconsin Realtors Association (WRA) had to say:

“With 17 straight months of healthy growth in statewide home sales, there’s no doubt that the state housing market has seen a real bounce this year,"  said Renny Diedrich, chairman of the WRA board of directors. She pointed out that the year-to-date sales are up 21.2 percent, which is by far the highest levels seen since 2007, just before the recession officially began.

“The decline in the median price in November follows a relatively strong uptick in October, so it’s difficult to say precisely what caused this volatility, but year-to-date, median prices are still up,” said WRA President and CEO, Michael Theo.

Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. As you probably have heard, home sales have been increasing substantially all year. That was still the case in November 2012. Although statewide, home prices have increased, in Dane & Rock counties, they are still decreasing in price.

If you would like some insight into how much your home is currently worth, I would be happy to provide you with a free comparative market analysis. This is a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Has your home value fallen below what you currently owe? A short sale may be right for your situation. Visit the following page on Wisconsin Short Sales.

Housing Statistics for the State of Wisconsin:

November 2012
Home Sales: 5,030
Median Home Price: $129,000

November 2011
Home Sales: 3,956
Median Home Price: $133,000

Housing Statistics for Dane County, WI:

November 2012
Home Sales: 412
Median Home Price: $195,000

November 2011
Home Sales: 342
Median Home Price: $210,405

Housing Statistics for Rock County, WI:

November 2012
Home Sales: 143
Median Home Price: $86,000

November 2011
Home Sales: 117
Median Home Price: $95,000

View my report from last month. Wisconsin October Housing Statistics
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Front-Yard-e1357247853719.jpg?width=300We are happy to announce the closing on another one of our short sale listings, this time in Madison, WI! This was a Bank of America negotiated short sale. Bank of America has made many changes to make their short sale process easier and more efficient. Short sale transactions can be complex, but if you have an experienced Short Sale Realtor® the process is much more manageable.


This was a beautiful home, at a great price that the new owners are sure to enjoy! If you are thinking of selling or buying a short sale home in Wisconsin, our short sale specialists would be happy to assist you. Give Rock Realty a call at 608-921-8536.



Is a Short Sale right for my situation??

If you are considering the possibility of a short sale for your home and have further questions, feel free to visit the page below:

Is a Short Sale right for My Home?

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Counties of WIThe Wisconsin housing statistics are now in for August of 2012. Here is an excerpt from what the Wisconsin Realtors Association (WRA) had to say:

The home sale recovery began last summer, and sales have grown 20.7 percent year-to-date. “It’s great to see these sales so strong during the peak sales period in the state.”  said Renny Diedrich, chairman of the WRA board of directors. He noted that in a typical year, about a third of Wisconsin closings take place between June and August.

The median price rose at an annual pace of 2.9 percent in August 2012, and this continues the pattern of modest price appreciation statewide for each of the last six months. “It’s clear that in spite of slight upticks in the state unemployment rate over the last two months, the housing market continues to grow, and it’s growing at a brisk pace” said WRA President and CEO, Michael Theo.

Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. As you probably have heard, home sales have been increasing substantially all year. Both Dane and Rock counties are showing marked improvements in the number of homes sold. Prices have bounced in Rock County, while in Dane County WI they appear to now be stabilizing.

If you would like some insight into how much your home is currently worth, I would be happy to provide you with a free comparative market analysis. This is a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Has your home value fallen below what you currently owe? A short sale may be right for your situation. Visit the following page on Wisconsin Short Sales.

Housing Statistics for the State of Wisconsin:

August 2012
Home Sales: 6,496
Median Home Price: $143,000

August 2011
Home Sales: 5,335
Median Home Price: $140,000

Housing Statistics for Dane County, WI:

August 2012
Home Sales: 669
Median Home Price: $212,500

August 2011
Home Sales: 523
Median Home Price: $214,000

Housing Statistics for Rock County, WI:

August 2012
Home Sales: 186
Median Home Price: $109,750

August 2011
Home Sales: 159
Median Home Price: $97,000

View my report from last month. Wisconsin July Housing Statistics

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Counties of WIThe Wisconsin housing statistics are now in for June of 2012. Here is an excerpt from what the Wisconsin Realtors Association (WRA) had to say:

Wisconsin home sales continued to grow at a robust pace with sales of existing homes up 19.3 percent in June over June of last year... June median home prices increased 1.4 percent to $142,000 relative to the same month last year which is the fourth straight month of increasing median prices."

In a national economy that has not yet seen the kind of growth rates that typify most economic recoveries, it’s encouraging to see such strong growth in home sales over the last 12 months,” said Rob Keefe, Chairman of the WRA Board of Directors.

Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. As you probably have heard, home sales have been increasing substantially all year. Both Dane and Rock counties are showing marked improvements in the number of homes sold.

If you would like some insight into how much your home is currently worth, I would be happy to provide you with a free comparative market analysis. This is a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Has your home value fallen below what you currently owe? A short sale may be right for your situation. Visit the following page on Wisconsin Short Sales.

Housing Statistics for the State of Wisconsin:

June 2012
Home Sales: 6,829
Median Home Price: $142,000

June 2011
Home Sales: 5,705
Median Home Price: $140,000

Housing Statistics for Dane County, WI:

June 2012
Home Sales: 822
Median Home Price: $205,500

June 2011
Home Sales: 651
Median Home Price: $211,100

Housing Statistics for Rock County, WI:

June 2012
Home Sales: 190
Median Home Price: $113,500

June 2011
Home Sales: 170
Median Home Price: $94,500

View my report from last month. Wisconsin May Housing Statistics

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The Wisconsin housing statistics are now in for March of 2012. Here is an excerpt from what the Wisconsin Realtors Association (WRA) had to say:

We certainly had a mild winter, and that may account for some of the strength in home sales last month, but it’s important to note that we’ve seen very strong growth in home sales over the last nine months,” said Rob Keefe, Chairman of the WRA board of directors.

These are the strongest signals we have seen in some time going into the spring selling season,” said Keefe, who noted that the combination of low rates and modest improvements in the job market should support continued growth in sales.

The WRA says an improving state jobs market is helping home sales. Since December, the state has added nearly 18,000 nonfarm private jobs even as government employment fell by 3,400 based on seasonally adjusted estimates.

Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. As you can see, home sales have been increasing substantially this year. The median sale price in Dane County has fallen approximately $16,000 year over year. In Rock County Wisconsin, the median sale price has also fallen. $14,625, year over year.

If you would like some insight into how much your home is currently worth, I would be happy to provide you with a free comparative market analysis. This is a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Has your home value fallen below what you currently owe? A short sale may be right for your situation. Visit the following page on Wisconsin Short Sales.

Housing Statistics for the State of Wisconsin:

March 2012

Home Sales: 4,816

Median Home Price: $123,500

March 2011

Home Sales: 3,834

Median Home Price: $123,000

Housing Statistics for Dane County, WI:

March 2012

Home Sales: 457

Median Home Price: $187,000

March 2011

Home Sales: 354

Median Home Price: $203,250

Housing Statistics for Rock County, WI:

March 2012
Home Sales: 153
Median Home Price: $86,000

March 2011
Home Sales: 126
Median Home Price: $100,625

This information is courtesy of the WRA, Wisconsin Realtors Association. Please follow this link for further details: WRA Housing Statistics

View my report from last month. Wisconsin February Housing Statistics

Original Post - WI March 2012 Housing Stats  

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The Wisconsin housing statistics are now in for February of 2012. Here is an excerpt from what the Wisconsin Realtors Association (WRA) had to say:

This increasing sales trend began last summer and has continued at a healthy pace throughout the fall and winter. “It’s very encouraging to see sustained growth in home sales,” said Rob Keefe, Chairman of the WRA board of directors. He noted that sales over the last five months have seen growth rates in double digits without any distortion from federal incentive programs.

We’re hopeful that the combination of moderating prices and low mortgage rates will carry this momentum into the next six months, which are the prime homebuying season in Wisconsin,” said Keefe.

Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. As you can see, home sales have been increasing substantially this year. The median sale price in Dane County has fallen approximately $10,000 year over year. In Rock County Wisconsin, however, the median sale price has risen almost $10,000, or 13%! Have we hit bottom in Rock County for home prices??? I certainly hope so.

If you would like some insight into how much your home is currently worth, I would be happy to provide you with a free comparative market analysis. This is a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Has your home value fallen below what you currently owe? A short sale may be right for your situation. Visit the following page on Wisconsin Short Sales.

Housing Statistics for the State of Wisconsin:

February 2012
Home Sales: 3,137
Median Home Price: $115,000

February 2011
Home Sales: 2,695
Median Home Price: $117,000

Housing Statistics for Dane County, WI:

February 2012
Home Sales: 221
Median Home Price: $187,750

February 2011
Home Sales: 208
Median Home Price: $197,250

Housing Statistics for Rock County, WI:

February 2012
Home Sales: 110
Median Home Price: $83,249

February 2011
Home Sales: 76
Median Home Price: $73,500

This information is courtesy of the WRA, Wisconsin Realtors Association. Please follow this link for further details: WRA Housing Statistics

View my report from last month. Wisconsin January Housing Statistics

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Madison, WI Foreclosure Listings

WI Market Update

Here is today's market update for Active single family foreclosure and bank owned home MLS listings located in Madison Wisconsin. This information was pulled from the South Central Wisconsin MLS on 2/15/2012 at 10:45 A.M.

  • 42 total Foreclosure|REO|Bank-Owned home listings in Madison, WI
  • Low listing price: $58,000
  • High listing price: $340,000
  • Average listing price: $152,235
  • Median listing price: $149,500
  • Average days on the market: 57

There are some fantastic deals available right now! Of the 42 foreclosure listings in Madison, 21 of them are listed for under $150,000. These numbers change on a daily basis, so to obtain the most up to date information, please contact us directly at 877-774-7625 or email us at Info@RockRealtyWI.com. If you are looking to buy a discounted home in Madison Wisconsin, we would be happy to customize the search further for you to find the home that is just right for you.

As an extra benefit to Rock Realty home buyers, we offer a 1% broker commission rebate after closing. This could mean $2,000 back on a home purchase of $200,000. We love to hear how these rebates help our clients. Some use them for home improvements, while others simply put it in savings for future needs. It is a great option that we are happy to offer. Contact us for further details and limitations.

Original Post - Foreclosures in Madison Wisconsin

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Counties of WI

The Wisconsin housing statistics are now in for December of 2011. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

"What is encouraging is to see monthly home sales continue to outpace last year's levels," said Rob Keefe, Chairman of the WRA Board of Directors, noting that home sales in December were 11.3 percent higher than December 2010".

"If home sales are to continue to grow, we will need more robust job growth going forward, but a falling unemployment rate is a welcomed sign" said WRA President and CEO Michael Theo.  The [Wisconsin] unemployment rate dropped more than a half percent over the last two months to 7.1 percent in December 2011.

Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. As you can see, home sales have been increasing substantially this year. But as you can also see, all prices are dropping in this market.

If you would like some insight into how much your home is currently worth, I would be happy to provide you with a free comparative market analysis. This is a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market. Has your home value fallen below what you currently owe? A short sale may be right for your situation. Visit the following page on Wisconsin Short Sales.

Housing Statistics for the State of WI:

December 2011
Home Sales: 3,792
Median Home Price: $120,000

December 2010
Home Sales: 3,399
Median Home Price: $135,000

Housing Statistics for Dane County, WI:

December 2011
Home Sales: 313
Median Home Price: $199,900

December 2010
Home Sales: 293
Median Home Price: $222,450

Housing Statistics for Rock County, WI:

December 2011
Home Sales: 117
Median Home Price: $79,000

December 2010
Home Sales: 92
Median Home Price: $90,000

This information is courtesy of the WRA, Wisconsin Realtors Association. Please follow this link for further details: WRA Housing Statistics

View my report from last month. Wisconsin Housing Statistics

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Counties of WI

The Wisconsin housing statistics are now in for November of 2011. Here is an excerpt from what the Wisconsin Realtors Association (WRA) had to say:

"We are definitely closing out the year on a strong note," said Rob Keefe, Chairman of the WRA Board of Directors, noting that the seasonal pattern of home sales typically slows as winter approaches. "The strong market of the last few months has pulled sales in 2011 nearly even with the 2010 level," he said. Keefe noted that year-to-date home sales through the end of November are now less than 1 percent below last year, and that is without any bump from the federal government to stimulate existing home sales.

"This is clearly a buyer's market, and while inventories are down from October, they still remain high at more than 14 months," said WRA President and CEO Michael Theo. "This means buyers will be in the driver's seat for the foreseeable future. The economy did get a little good news in November with an improvement in the national unemployment rate and even an uptick in consumer confidence and consumer expectations"

Below are the number of Home Sales and Median House Prices for the state of Wisconsin, Rock County, and Dane County. These stats include Janesville and Madison. Feel free to contact me if you have any questions pertaining to these figures. As you can see, home sales have been increasing substantially this year. What I find most interesting in November's data is that Rock County Wisconsin home prices are actually increasing, while Dane County Wisconsin home prices have been decreasing. Both counties continue to have an uptick in the number of homes sold.

If you would like some insight into how much your home is currently worth, I would be happy to provide you with a free comparative market analysis. This is a report that gives a close estimate to what your home might sell for in your current local Wisconsin real estate market.

Housing Statistics for the State of WI:

November 2011
Home Sales: 3,874
Median Home Price: $133,900

November 2010
Home Sales: 3,334
Median Home Price: $137,000

Housing Statistics for Dane County, WI:

November 2011
Home Sales: 332
Median Home Price: $210,405

November 2010
Home Sales: 250
Median Home Price: $213,475

Housing Statistics for Rock County, WI:

November 2011
Home Sales: 117
Median Home Price: $95,000

November 2010
Home Sales: 104
Median Home Price: $91,000

This information is courtesy of the WRA, Wisconsin Realtors Association. Please follow this link for further details: WRA Housing Statistics

View my report from last month. Wisconsin Housing Statistics

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