Wisconsin Real Estate Trends - A New Way to Look at Wisconsin Realty

Over 32% of all listings in the Wisconsin real estate market are undeveloped lots and land for sale. While some of these properties are city lots, there are also plenty of large parcels available for the creative builder. Both commercial investors and individuals looking for a rural getaway will be tempted by the wide variety of offerings available in Wisconsin.

The condo and townhouse sector of the Wisconsin real estate market appears to be performing quite well. Average sale prices of $150,000 are only 9% below the average seller list price. The detached family home market in Wisconsin real estate isn't fairing nearly so well and in some recent months the average sale price has been as much as 33% below the average list price of $240,000.

Despite a slow economic recovery, and some minor ups and downs each month, the average list price for Wisconsin read estate has remained rather steady since the end of 2011. Single family units changed from $235,000 to $243,000 and condos from $162,000 to $165,000. Perhaps these steady prices have encouraged buyers to take a chance on Wisconsin real estate since the inventory has started selling more rapidly. On average condos are listed for approximately 202 days and the average house takes over 160 days to sell.