Posts from: Market Insight
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July 2024 at a glanceNew listings bounced back in July after an unexpected decline in June listings and home sales. July’s bounce back helped grow existing home sales statewide. Specifically, new listings rose 2.7% over the past 12 months, which led to 4.8% growth…
Steven and Robin Salfer
If you have any questions/comments regarding this report and/or any thing else real estate related just contact us. We are here for all your real estate…
Steven and Robin Salfer
March 2024 at a glanceAs the first quarter of 2024 ends, both existing home sales and median prices rose by solid margins compared to a year earlier. This reflects robust demand conditions even as supply remains tight.March existing home sales rose 3.2% compared to…
Steven and Robin Salfer
February 2024 at a glanceFebruary new home listings rose by 20.9%, and total listings increased 7.5% relative to their levels in February 2023. This additional inventory resulted in a 3.1% increase in February home sales compared to 12 months earlier, and…
Steven and Robin Salfer
December 2023 at a glanceNew listings of Wisconsin existing homes rose 6.3% in December, compared to that same month in 2022, and this led to an increase in total listings of 0.9% over that same period.Although the months of available supply did improve 25% over the…
Steven and Robin Salfer
October 2023 at a glanceMortgage rates continued to rise in October, softening demand pressure slightly as we move into the off-peak housing market. Existing home sales fell by just 7.2% in October 2023 compared to October 2022, which is the first time since August…
Steven and Robin Salfer
Ask me about my whiskers.
This year they are for family/dear friends/and the other warriors:
- that lost to/are survivors of cancer(true warriors)
- that took their own life(a bow for their struggle)
- that have/struggle w/ mental health/substance…
Steven and Robin Salfer
September 2023 at a glanceThe Wisconsin market for existing homes remains a strong seller’s market, which hampered home sales and drove up median prices over the last 12 months. Home sales dropped 18.4% between September 2022 and September 2023, and median…
Steven and Robin Salfer
July 2023 at a glanceFollowing recent patterns, weak inventories limited sales of existing homes and drove prices up significantly. July 2023 closings slid 20.8% compared to July 2022, and the median price rose 7.5% to $300,000. This was the second straight month where the…
Steven and Robin Salfer
June 2023 at a glanceAs the prime season for home sales approaches, very tight inventories have kept sales low and put strong upward pressure on prices. Existing home sales in June dropped 20.4% compared to their levels in June 2022, and the median price rose to…
Steven and Robin Salfer
May 2023 at a glanceUnmet demand and tight supplies continued to hamper home sales and drive up prices just ahead of the prime homebuying season. May 2023 home sales fell by 21.5% compared to May 2022, and the median price rose 6.9% to $294,000 over the last 12…
Steven and Robin Salfer
April 2023 at a glanceAs we move closer to the prime homebuying season, low inventories continue to affect the housing market. April 2023 home sales were 32.5% lower than April 2022, and the median home price rose 6.8% to $283,000 over that same 12-month…
Steven and Robin Salfer
