MADISON – The Wisconsin REALTORS® Association (WRA) will begin publishing a new monthly housing statistics report intended to provide market data in a timelier fashion than quarterly distribution, offering a more complete picture of the housing market in Wisconsin.
The monthly report will be released to the media on approximately the third Monday of each month (the October 2010 report will be release on Tuesday, October 19, 2010) and will contain the following research data:
Current monthly data (compared to one year ago)
– Sales of existing homes by county, region and state
– Median sales price by county, region and state
– New listings for the state
– Months supply of inventory for the state
– Housing Affordability Index for the state
Year-to-date data (compared to one year ago)
– New listings for the state
– Closed sales for the state
– Median sales price for the state
The report will be accompanied by a press release with comments and observations about the current Wisconsin housing market from the WRA Chairman of the Board and President. The WRA will continue to publish its quarterly statistics online at http://www.wra.org where trends and historical data can be mapped back to 2005.
For more information on the new monthly reports, contact:
WRA Economist Dr. Dave Clark, C3 Statistical Solutions, at 414-803-6537 or WRA President Bill Malkasian at 608-345-9004.
About the WRA
The Wisconsin REALTORS® Association is one of the largest trade associations in the state, representing over 14,500 real estate brokers, sales people and affiliates statewide. Sales estimates for the state are provided by the National Association of REALTORS®, which seasonally adjusts quarterly sales figures. All county figures on sales volume and median prices are compiled by the Wisconsin REALTORS® Association and are not seasonally adjusted. Median prices are only computed if the county recorded at least 10 home sales in the quarter. All data collected by Wisconsin REALTORS® Association are subject to revision if more complete data become available. Beginning in 2010, all historical sales volume and median price data at the county level have been re-benchmarked using the Techmark system which accesses MLS data directly and in real time.
