Counties where homes are selling the fastest in Wisconsin
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(Stacker) – The pace at which homes sell in the U.S. tends to ebb and flow over the calendar year, with homes selling fastest in the summer and slowest in the winter. But high home prices and mortgage interest rates are keeping many potential buyers on the sidelines.
The median number of days a home spent on the market in February was 48, five days less than the year before. In Wisconsin, the typical home was on the market 59 days.
When homes sell faster, it can be a sign that any given market is less buyer-friendly, and decisions must be made quickly.
Stacker compiled a list of counties where homes sold the fastest in Wisconsin using data from Redfin. Only seven of Wisconsin’s 72 counties had at least 100 home sales and are selling quicker than the state median to be included on this list. They are ranked by the median number of days a home was listed before it sold. In the case of ties, counties with the most home sales overall were ranked higher.
#7. Racine CountyMedian days on market: 56Median sale price: $244,900Total homes sold: 139#6. Waukesha CountyMedian days on market: 56Median sale price: $435,000Total homes sold: 221#5. Winnebago CountyMedian days on market: 55Median sale price: $230,000Total homes sold: 102#4. Dane CountyMedian days on market: 55Median sale price: $439,600Total homes sold: 324#3. Rock CountyMedian days on market: 50Median sale price: $240,000Total homes sold: 117#2. Milwaukee CountyMedian days on market: 48Median sale price: $227,500Total homes sold: 634#1. Brown CountyMedian days on market: 46Median sale price: $296,000Total homes sold: 131
RELATED: A 6-figure income is needed to buy a home in 22 states, study says
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 22 states.
Copyright 2024 Stacker via Gray Media Group, Inc. All rights reserved.
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This article was originally published by a www.wbay.com . Read the Original article here. .