Exciting Housing Predictions for 2024 – Get Ready for a Stellar Year!
February 9, 2024/
As you know, understanding the future landscape of the housing market is key to success In Real Estate. In this spirit, I’ve taken a deep dive into data analysis, utilizing the cutting-edge capabilities of ChatGPT 4.0 and Julius.ai. Together, we’ve meticulously regressed statistical data on housing trends over a 10-year span, coupled with fresh insights from the Wisconsin Builder’s Association’s new home start data.
The results? Absolutely uplifting! They paint a picture of a robust recovery for Wisconsin’s housing market, signaling a departure from the challenges we faced last year. In essence, 2024 is shaping up to mirror the successes of 2016 – a year that many of us remember fondly as a high point in our careers.
*as a caveat, this is only a prediction. This is a fun exercise to see the power of artificial intelligence in the field of real estate and should in no way be considered as fact.
Predicted Inventory Numbers (Number of Homes Sold) for the State of Wisconsin in 2024:
Month
Predicted Sales
Jan
4349
Feb
4204
Mar
5546
Apr
5853
May
6826
Jun
8438
Jul
8244
Aug
8716
Sep
8022
Oct
7612
Nov
6940
Dec
5918
YTD
80668
Predicted Values (Median Prices) for the State of Wisconsin in 2024:
Month
Predicted Median Price
Jan
$252,833
Feb
$258,331
Mar
$276,167
Apr
$285,967
May
$295,585
Jun
$304,277
Jul
$300,800
Aug
$301,187
Sep
$295,157
Oct
$286,877
Nov
$285,758
Dec
$277,467
YTD
$288,235
Predicted Inventory Numbers (Number of Homes Sold) for South Central Wisconsin in 2024:
Month
Predicted Sales
Jan
852
Feb
840
Mar
1132
Apr
1163
May
1361
Jun
1673
Jul
1636
Aug
1682
Sep
1507
Oct
1372
Nov
1317
Dec
1130
YTD
15665
Predicted Values (Median Prices) for South Central Wisconsin in 2024:
