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