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Realtors sell nearly 11% more home in 2013

MADISON, WI (WTAQ) - Wisconsin Realtors sold almost 11 percent more houses last year than in 2012.  

That's according to new figures released Monday by the state's Realtors Association.  

Members sold just under 70,000 existing houses statewide in the year just ended. That's almost 7,000 more than in the previous year.  

Median resale prices jumped by 7.25 percent last year, to $143,500.

December also saw increases, after a couple months of declines. Realtors sold almost 4,600 homes statewide last month, up from 4,300-plus the year before. December resale prices went up six percent to just under $140,000.  

Realtors' Association board chairman Steve Lane said 2013 was a robust year for the housing market. He said home sales rose in each region of Wisconsin during the past year -- and they rose 34 percent compared to 2011, when the state's housing market hit bottom was the Great Recession was ending.  

(Story courtesy of Wheeler News Service)