Housing Sales Remain Hot in January

Posted: 02.17.20

Existing home sales and prices in Wisconsin continued to be on the rise in January, with sales up 8.9% compared to January 2019 and median price rising 8.6% since this time last year.
“Inventory is still low, both statewide and in our area, but we still saw an increase in sales in January across our region,” said RANWW Executive Vice President Brenda Barnhardt.
Statewide, more homes were sold in January 2020 than any other January going back to 2007, when the Wisconsin REALTORS® Association re-benchmarked its data collection methodology.
According to the January numbers from the WRA, Eau Claire County saw median prices on single family homes up 3.1%, with the number of sales increasing 4.2%, and the average days on market dropping by 9.5%. In Chippewa County, prices were up 10.5%, and homes sales increased by 41.0% with average days on market increasing 42.4%.
“With tight inventories, it's even more important to work with an experienced REALTOR® to move quickly when buyers are ready to make an offer,” said Gary Brenizer, RANWW board president.
The REALTORS® Association of Northwestern Wisconsin is the professional trade association that all professional REALTORS® residing within the association jurisdiction belong to. The association provides educational opportunities for its members, is active in local, state and national advocacy efforts, engages in community outreach through charitable giving, operates its own private foundation to help homeowners in need and remains a positive force for the members they serve.

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