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16% sales increase in existing Wisconsin homes in September


MADISON, WI (WTAQ) - The Wisconsin housing market continues to recover. 

The Wisconsin Realtors Association said Monday that its members sold just over 6,000 existing homes statewide in September. 

That's almost 16-percent more than the same month a year ago.  Sellers continue to get more, as well. 

The Realtors' median home sale price was $144,000 last month, $9,000 more than the year before.  Sales have now increased for 27 months in a row. 

All regions of Wisconsin reported higher sales.  

The median selling prices grew in all but one of the last 19 months. 

Steve Lane, who chairs the board of the Realtors Association, said the growth continues in the housing market despite rising interest rates.  He said they're almost a full-percentage point higher than a year ago.