What happened in the Brookfield Real Estate Market in 2009?

The March closings were a little down compared to 2008 results. In March 2009 there were 4 less sales compared to 2008. However, year to date, the number of sales closed are 3 above 2008 results at this time last year. The listings increased in March 2009 compared to 2008, there were 86 new listings compared to 66 added in 2008. In fact every month this year there have been more listing added in Brookfield when compared to last year. There has been a total of 36 more new listing added this year compared to 2008.

This adding listing inventory which is not something needed.

There are currently 21 accepted offers as of 4/4/09 with an average list price of $300,000.

Reviewing the results of the 26 sales that closed in March, the average sales price of $274,738 and were on the market 101 days.