Home sales statewide hit record

The Wisconsin Realtors Association released statewide home sale figures for February, showing the ongoing story of limited listings driving home sale prices higher. The booming economy appears to be a factor, as well.

Home sales set records in the winter months of December 2017 through February 2018, WRA stated in a release, surpassing the previous year by 1.8%. Five years ago, the numbers were 15.8% lower.

In Dane County, February’s median home sale price was $269,250 compared to $249,900 in February 2017, an increase of 7.7%, although seven fewer homes were sold (373) in the month compared to last year (380).