After a strong start during the first half of 2019, Barron County home sales began to level off in July. This isn’t unusual for our market this time of year, but it’s something that Northwest Wisconsin home buyers and home sellers should be aware of. Here’s a look at the numbers!
The volume of home sales has been steady on a year-over-year basis. July 2019 saw 93 homes sold in Barron County. A year ago, there were 96 homes sold during July.
During July 2019, the median Barron County home price was $145,000. This is a slight dip from July 2018, which posted a median home price of $146,250. “Median” means half of the homes sold for more than this amount, and half of them sold for less.
Buyers shouldn’t bank on July’s sales figures sticking around. Last year, home prices began to rise again in August, and averaged higher each month for the balance of the year. And during the first half of 2019, we’ve already seen overall home prices trend higher on a year-to-date basis. Affordable homes in good condition remain in demand.
If you’ve been thinking of buying a Chetek area home, now is a great time to do so! With mortgage interest rates averaging near 3-year lows, your home buying dollar will go further!
If you’re a home seller, you’ll want to get your property listed in time for the autumn home buying season!
Ready to buy or sell a Barron County home? Having the professional guidance of local real estate experts is priceless! Six Lakes Realty is a locally-owned family business with over 40 years of experience in Northwest Wisconsin real estate! Call us today for friendly, hometown service!
Six Lakes Realty
Office: (715) 924-4806