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Wis. home sales have increased for 26 months straight


MADISON, WI (WTAQ) - Wisconsin Realtors have seen their home sales rise for 26 months in a row. 

The state's Realtors Association said Monday that its members sold almost 14-percent more existing homes in August than a year ago -- and the median sales price jumped by six-point-three percent. 

Just over 7,500 houses were sold by Realtors throughout the Badger State last month.  For the first eight months of the year, just over 48,000 homes were sold -- an increase of just over 13-percent from January-through-August of 2012. 

The median home resale price for August was $152,000, about $9,000 more than the same month a year ago. 

From January-through-August, Realtors said the median sales price was $145,000, an increase of just under eight-percent. 

Steve Lane, who chairs the Realtors' group, said it was a strong summer for home sales -- and that's important for a state like Wisconsin where the sales patterns are seasonal.