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Home Inventories Remain Tight, but Sales Increase in August

Posted: 09.24.18

Eau Claire, WI - The temperatures remain warm, and the local real estate market is still hot. Inventories on homes for sale is still low, but sales were up in August of this year compared to 2017. “We’re still seeing low supply, but demand is still high and homes are selling quickly,” said RANWW Executive Vice President Brenda Barnhardt.

The most recent analysis of the existing home market by the Wisconsin REALTORS® Association showed that in the western region of the state, home sales were up 7.2% overall compared to August of last year. A 33.3% increase in Dunn County and a 29.4% increase in Jackson County aided in this growth. Our region had about 4.5 months of inventory last month, which is close to the state average of 4.9 months.

“Houses continue to sell quickly. Now is both a great time to put your house on the market and team up with a REALTOR® whether you are buying or selling,” Barnhardt added.

For more information on the REALTORS® Association of Northwestern Wisconsin, log on to www.ranww.org

The REALTORS® Association of Northwestern Wisconsin is the professional trade association that all professional REALTORS® residing within the association jurisdiction belong to. The association provides educational opportunities for its members, is active in local, state and national advocacy efforts, engages in community outreach through charitable giving, operates its own private foundation to help homeowners in need and remains a positive force for the members they serve.

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