Here is the market snapshot for Muskego Wisconsin Real Estate for the month ending February 2008.
Number of Active Listings: 139
Number of New Listings: 31
Under Contract: 13
Closed Sales: 20 (down from 24 a year ago)
Average Sales Price: $292,496 (UP from $278,412 in 2007)
Average Days on Market: 101 (same as in 2007)
What does this mean?? Muskego has an over supply of inventory. Around 14 months of inventory to be exact (20 closed sales and 13 pending, with over 139 current listings)
This varies from price range to price range, and differs in various neighborhoods throughout the area, of course, but the overall picture would indicate that prices in Muskego may decline slightly over the next several months, until this inventory starts to sell. If you are planning on selling your home, pricing it correctly with a thorough market analysis is an absolute MUST.
Our numbers may be a bit skewed due to the inclement weather we have experienced since the beginning of the year. Keep an eye out for my monthly updates. If you have any comments or questions, feel free to contact me at www.MoveWithApril.com or call 262-787-3043
Thanks for reading and check back next month for another update!!
Here is the market snapshot for Brookfield Wisconsin Real Estate for the month ending February 2008.
Number of Active Listings: 170
Number of New Listings: 34
Under Contract: 13
Closed Sales: 30 (down from 34 a year ago)
Average Sales Price: $323,452 (down from $355,876 in 2007)
Average Days on Market: 103 (up from 93 in 2007)
What does this mean?? Brookfield has an over supply of inventory. Around 12 months of inventory to be exact (30 closed sales and 13 pending, with over 170 current listings)
This varies from price range to price range, and differs in various neighborhoods throughout the area, of course, but the overall picture would indicate that prices in Brookfield may continue to decline slightly over the next several months, until this inventory starts to sell. If you are planning on selling your home, pricing it correctly with a thorough market analysis is an absolute MUST.
Our numbers may be a bit skewed due to the inclement weather we have experienced since the beginning of the year. Keep an eye out for my monthly updates. If you have any comments or questions, feel free to contact me at www.MoveWithApril.com or call 262-787-3043
Thanks for reading and keep an eye out for next months report!!
Here is the market snapshot for Menomonee Falls Wisconsin Real Estate for the month ending February 2008.
Number of Active Listings: 170
Number of New Listings: 39
Under Contract: 20
Closed Sales: 30 (down from 53 a year ago)
Average Sales Price: $264,734 (down from $278,615 in 2007)
Average Days on Market: 111 (up from 96 in 2007)
What does this mean?? Menomonee Falls has an over supply of inventory. Around 12 months of inventory to be exact (30 closed sales and 20 pending, with over 170 current listings)
This varies from price range to price range, and differs in various neighborhoods throughout the Village, of course, but the overall picture would indicate that prices in Menomonee Falls may continue to decline slightly over the next several months, until this inventory starts to sell. If you are planning on selling your home, pricing it correctly with a thorough market analysis is an absolute MUST.
Our sales numbers may be a bit off due to the inclement weather we have experienced since the beginning of the year. Keep an eye out for my monthly updates. If you have any comments or questions, feel free to contact me at www.MoveWithApril.com or call 262-787-3043
Thanks for reading and see you next month!!
REALTORS HOME AND GARDEN SHOW March 29 - April 1 (closed March 31 - April 1)
Look through 10,000 square feet of home and garden displays of products, ideas and recommendations. Returning this year is the antiques and arts collection.
Wisconsin Exposition Center, State Fair Park, West Allis 414.778.4929 http://www.realtorshomeandgardenshow.com/
SPRING TOUR OF HOMES AND CONDOS April 19 - May 4
Touring homes in Southeastern Wisconsin. Presented by the Metropolitan Builders Association 262.436.1122 http://www.mbaonline.org/
Looking for more Event Information or help with Real Estate? Contact April at http://www.movewithapril.com/
 |
|
|
With nearly $300 Million in personal sales April has been an outstanding leader in real estate for 20+ years. Contact April to help you buy or sell in the Milwaukee area, she gets the job done!
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
