MADISON — Existing home sales continued to surge in Wisconsin as mortgage rates hit a new record low in November setting Wisconsin on a record pace for sales while continued low inventory levels pushed home prices even higher, according to the latest monthly analysis of home sales by the Wisconsin REALTORS Association. 

November home sales increased 15.2% compared to their levels 12 months earlier, and the median price increased 15.8% to $223,000. An evaluation of the year-to-date figures reveals that sales are up 5.7% compared to the first 11 months of 2019, and the median price has increased 11.4% to $220,000 compared to that period last year.

The median price for Green County increased by 34.4% to $215,000 with home sales decreasing by 17.6%.

The home sales for Lafayette County decreased by 53.3% with the median price staying the same.