Wisconsin Home Market Remains Strong through Spring

MILWAUKEE -- The state housing market continued its growth trend in May with both home sales and median prices increasing over their levels a year ago according to the most recent monthly analysis of the home market by the Wisconsin REALTORS® Association.

Sales of existing homes increased 2.9 percent over May of 2015, which represents the strongest May sales since 2005. The statewide median price in May was $165,000 which represented a 3.1 percent increase over May of 2015.

Median Price Sales and Sales by County

Kenosha
May 2016: 154,000
Last Year: 144,450
Change: +6.6%
Sales
May 2016: 217
Last Year: 246
Change: -11.8%

Milwaukee
May 2016: 147,000
Last Year: 140,000
Change: +5.0%
Sales
May 2016: 1,149
Last Year: 976
Change:+17.7%

Ozaukee
May 2016: 276,000
Last Year: 235,000
Change: +17.4%
Sales
May 2016: 126
Last Year: 133
Change: -5.3%

Racine
May 2016: 144,450
Last Year: 127,000
Change: +13.7% 246
Last Year: 237
Change:+3.8%

Sheboygan
May 2016: 120,500
Last Year: 114,450
Change: +5.3%
Sales
May 2016:128
Last Year: 132
Change: -3.0%

Walworth
May 2016: 178,500
Last Year: 173,500
Change: +2.9%
Sales
May 2016: 189
Last Year: 155
Change:+21.9%

Washington
May 2016: 192,000
Last Year: 194,950
Change: -1.5%
Sales
May 2016: 207
Last Year: 218
Change: -5.0%

Waukesha
May 2016: 260,000
Last Year: 249,700
Change: +6.6% +4.1% 610
Last Year: 596
Change: +2.3%

Regional Total
May 2016: 175,050
Last Year: 171,000
Change: +2.4%
Sales
May 2016: 2,872
Last Year: 2,693
Change: +6.6%