September Home Sales Down, But New Record Set For Year

Wisconsin Realtors sold fewer homes in September, but sales for the first nine months of 2017 set a new record for the second straight year. The Realtors Association said today (Monday) that 76-hundred existing houses were sold statewide last month — down one-point-two-percent from the previous September. But for the year as a whole, a record 63-thousand-398 homes were sold — four-tenths-of-one-percent more than last year’s record. The median sales price was about 175-thousand dollars for both last month and the year to date. That’s up almost five-percent for September, and six-percent for the first three quarters of 2017. The Realtors say the available housing stock remains much lower than last year, a key factor in driving up prices.