Record home sales in July drive up median price

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The Wisconsin Realtors Association reported existing home sales in the state hit a new record for the month of July. A total of 9,649 homes were sold in July, the most homes sold during July since the WRA revamped its data collection methods in 2005.

Existing home sales rose 7.6% in July relative to July 2019, and the median price rose 10.4% to $226,400. Additionally, the report shows year-to-date sales are now only slightly lower than this time last year.

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