Overall, the picture for both buyers and sellers looks good in the big cities of Wisconsin. In places like Madison, the buyers and sellers are about even and the market has a good supply of homes available. Average time on the market is two to three months and housing prices are up five percent from last year. The average price is $225,000 and most buyers are picking out their first homes. There is a population increase in the area and the market looks to be staying in an upward trend.
Another popular place to buy right now is Hudson, because of economic stability in the area. It is a sellers market and homes are going for 90-95% of the sellers asking price. Homes run around $250,000 and single families are the highest percentage of buyers in the area. The average time on market is about three to four months.