Wisconsin's January Home Sales Down by More Than 1/3 Over Last Year

Thursday, February 23rd, 2023 -- 10:01 AM

(Bob Hague, WRN) January home sales dropped by more than a third over the year as prices rose in Wisconsin.

That’s according to the latest Wisconsin Realtors Association report which shows a total of 3,114 homes sold last month, compared to 4,702 homes sold in January 2022. That’s a 33.8 percent decline.

Realtors Association President and CEO Michael Theo notes in the report that Wisconsin has been experiencing a seller's market for nearly six years. In the last three years, that trend has been pronounced with a persistent lack of available housing stock.

The median home price climbed 8.5 percent over the year, from $230,050 to $250,00 last month.

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