July home sales hit a new record, driving up median price

WRA Logo.jpg

Wisconsin's existing home sales hit a new record for the month of July, according to the Wisconsin Realtors Association.

A total of 9,649 homes were sold in July, the most homes sold during a July since the WRA revamped its data collection methods in 2005. The previous record was July 2019, when 8,969 home sales closed.

David Clark, Marquette University economist and consultant to the WRA, told WisBusiness.com that prior to 2005, it's likely that July home sales had never exceeded the current record.

Sales of existing homes rose 7.6 percent in July relative to July 2019, and the median ...

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