This post was contributed by a community member. The views expressed here are the author's own.

Health & Fitness

Realty, Reality...Home Sales, Prices and the Trends

In April, home sales in the Southeast region of Wisconsin had a median price of $149,900 up from $135,000 in April '12. That is a 11% increase. The number of homes sold in April '13 was 2,157 and in '12 there were 2,065, a 4.5% increase, info courtesy of Wisconsin Real Estate Magazine June 2013.

So what might these numbers mean? That question has many variables including the interest rate to finance a home, (which is slowly on the rise), peoples view of the economy, (which it appears people are fine with it or should we say no longer putting a lot of worry into it), this concerns me. The amount of available homes, the pent up desire of sellers and many other factors that are relative to each buyer/seller individually.

Ultimately, right now we might be at a more balanced market of close to equal amounts of sellers and buyers. In the industry, I like this market, that means it is more of a win/win for both parties.

If you have been in your home a few years, give me a call, I can let you know where your home sale price should fit in this market. Looking to buy? With the interest rates creeping up, consider now a great time.

You can call & text me at 414-801-8992 or email me at garett@kucifer.com.

Garett-Kucifer Realty, Inc

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?