MADISON - Wisconsin appears on track for a record-setting year of home sales, according to an industry group.
The Wisconsin Realtor's Association reported this week that October 2016 matched last October's strong home sales: 6,733 this year compared to 6,735 sold during the same month last year.
The month rounds out the strongest 10 months since 2005. So far, there have been 69,713 homes sold in the state, a 4.8 percent increase over 2015's year-to-date total of 66.506.
Home prices have also risen, increasing 6.5 percent from $157,000 to $165,000, according to WRA data.
Both Green and Lafayette counties report more homes sold during October than last year at the same time. Green County had 43 homes sold compared to 38 the year before, while Lafayette County had 15 compared to 11 in 2015.
The median prices jumped in both areas as well - from $150,000 last year to $170,000 last month in Green County and from $113,500 to $161,500 in Lafayette County.
Seen through a broader view of year-to-date data, trends are less dramatic here. Green County sales are actually down: 397 in 2016 compared to 434 in the first 10 months of 2015. The median price notched just a slight gain from $155,000 in 2015 to $157,250 in 2016.
In Lafayette County, home sales totaled 112 in the first 10 months of both 2015 and 2016. The median price rose from $104,450 last year to $119,450 year-to-date this year.
The Wisconsin Realtor's Association reported this week that October 2016 matched last October's strong home sales: 6,733 this year compared to 6,735 sold during the same month last year.
The month rounds out the strongest 10 months since 2005. So far, there have been 69,713 homes sold in the state, a 4.8 percent increase over 2015's year-to-date total of 66.506.
Home prices have also risen, increasing 6.5 percent from $157,000 to $165,000, according to WRA data.
Both Green and Lafayette counties report more homes sold during October than last year at the same time. Green County had 43 homes sold compared to 38 the year before, while Lafayette County had 15 compared to 11 in 2015.
The median prices jumped in both areas as well - from $150,000 last year to $170,000 last month in Green County and from $113,500 to $161,500 in Lafayette County.
Seen through a broader view of year-to-date data, trends are less dramatic here. Green County sales are actually down: 397 in 2016 compared to 434 in the first 10 months of 2015. The median price notched just a slight gain from $155,000 in 2015 to $157,250 in 2016.
In Lafayette County, home sales totaled 112 in the first 10 months of both 2015 and 2016. The median price rose from $104,450 last year to $119,450 year-to-date this year.