A Brighter Year for Real Estate in NW WI?

The 2013 housing stats are in for Bayfield County.  The statistics are compiled by the National Association of Realtors using data supplied by Wisconsin MLS sites.  These stats do not include sales by owner.

197 homes sold in Bayfield County in 2013, down from 257 sales in 2012, and is almost even with 2011’s 199 residential sales.  However – last month ( Jan/2014) there were 11 home sales in Bayfield County, and that is over double the January sales for 2013.  If the pattern continues, 2014 sales will rise far above last year.

In 2013 the median Bayfield County home sales price was $152,500 – above the average sales price of $145,000 in 2012, and $32,000 above 2011’s median price of $120,000.  I think the lower sales prices in 2011 & 2012 reflect purging foreclosures from the market.

If you want to see the housing stats and check out other Wisconsin counties please click on the link below.

https://www.wra.org/HousingStatistics/

 

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