Home prices, home sales both on rise in Wisconsin

CREATED Apr 23, 2012

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MILWAUKEE (AP) -- Home sales are showing signs of life in Wisconsin.

March sales climbed 25 percent compared to the same month last year.

The Wisconsin Realtors Association says nearly 4,800 homes were sold last month, up from about 3,800 last March.

The association says the median price of homes sold in Wisconsin also increased, albeit slightly. The median price in March was $123,500, compared to $123,000 a year earlier.

The strongest growth in the median price is in northern Wisconsin. The Journal Sentinel says the median price rose 10 1/2 percent in March compared to last year.

Information from: Milwaukee Journal Sentinel, http://www.jsonline.com