Quantcast
Home / real estate / Milwaukee-area June home sales up 23 percent over year ago

Milwaukee-area June home sales up 23 percent over year ago

A home stands for sale in the 1000 block of E. Hamilton Street Monday, April 20 in Milwaukee. (Staff photo by Kevin Harnack)

A home is for sale recently in the 1000 block of E. Hamilton St. in Milwaukee. Sales in the Milwaukee area jumped 23 percent over a year ago. (File photo by Kevin Harnack)

MILWAUKEE (AP) — A trade association says sales of existing homes in the Milwaukee area spiked more than 23 percent last month from a year earlier.

A monthly report from the Greater Milwaukee Association of Realtors said Tuesday that there were 2,370 home closings in June in the four area counties, up from 1,924 a year ago. The Milwaukee Journal Sentinel reports it was the strongest June for the area market in at least 15 years.

The Realtors group said average sale prices went up by double-digit percentages in the first half of 2015 in Milwaukee, Washington and Ozaukee counties.

Group president Mike Ruzicka said this year’s market is “very solid” and he expects it to continue, though it still hasn’t recovered from a “very deep recession.”

Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Leave a Reply

Your email address will not be published. Required fields are marked *

*