Wisconsin’s housing market recovered in October, after a lag in recent months.
The Wisconsin Realtors Association says its members sold 9.6 percent more existing houses last month than at the same time a year ago. Almost 6,300 homes were sold, compared to about 5,750 in October of 2013. The WRA says it’s the highest performance for an October since 2005.
The median selling price last month was $148,000, just over four percent more than the $142,000 median price the preceding year.
Realtors Association chairman Dan Kruse said his group made up some ground, getting closer to a strong market from last year. Almost 59,000 homes have been sold throughout the Badger State in the first ten months of this year, which is about two percent fewer than the year before.