May home sales up 18 percent in Wisconsin, 23rd month of sales growth

  • Updated: June 18, 2013 - 8:30 AM

MILWAUKEE — Home sales in Wisconsin continue to rise.

The Wisconsin Realtors Association says May sales are up about 18 percent compared to the same month last year. It's the 23rd consecutive month of growth.

Prices are up as well. The Journal Sentinel (http://bit.ly/13NRCFt ) reports the median price last month was $144,000. That's up 4.3 percent from a year earlier.

The number of homes on the market has also increased. New listings rose by about 16 percent statewide, compared to May 2012. Marquette University economics professor David Clark says home owners who previously tried selling their property and were unsuccessful are getting back into the market.

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