Between December and February, Wisconsin's housing market posted record numbers, Milwaukee Journal Sentinel staffer Paul Gores reports.
According to the Wisconsin Realtors Association, there were closings on 13,741 homes in the state, the most in a winter season since the Realtors' organization recalibrated its data tracking systems in 2005.
Peter Sveum, chairman of the Wisconsin Realtors Association, said it wouldn't have been surprising to see a drop-off in winter — typically the slowest season for home sales in the state — especially with a low inventory of single-family homes on the market.
In the state, home sales exceeded the previous winter by 1.8%, and were 15.8% higher than winter sales five years ago, the Realtors said.
The strong demand amid a short supply of houses also is pushing up prices.
In February, the median price of existing homes sold in the state was up 7.4% from the same month in 2017, to $166,000 from $154,500.Read More