State homes sales drop a little in August

Posted at noon on September 23, 2019

The Brillion News

MADISON – Wisconsin home sales fell by a modest margin even as median prices moved up sharply in August, according to the most recent examination of the existing housing market by the Wisconsin Realtors Association (WRA).

Existing home sales fell 2.1 percent in August 2019 compared to August 2018, while median prices rose 9.0 percent over that same period to $206,000. On a year-to-date basis, the picture is similar. Comparing the first eight months of 2019 to the first eight months of 2018, home sales dropped 3.2 while prices rose 7.6 percent to $199,000.

The median price increased nine percent between August last year and this past August, and the statewide median price has now topped $200,000 for each of the last four months.

A complete report will be featured in the September 26 print edition of The Brillion News.