Milwaukee Real Estate Market Update for June 2009

There were 473 sales during June 2009 with an average sales price of $105,989 with an average list to sale ratio of 96.69%. In addition there 463 accepted offers with scheduled closings in the future.

In June 2009 there were only 2 less sales when compared to June 2008 results. However, there were 156 fewer new listings or a reduction 12.6% in new listings.

There are currently 5126 listed properties with an average list price of $183,968 and average of 147 days on the market.

Most of the sales activity in June 2009 was in the $120,000-$160,000 range.