January 2012 Housing Statistics
For Immediate Release
By: Mike Ruzicka
February 12, 2012 – The New Year started out where the old one left off for residential housing sales, increasing 15.5% in January in the 4-county metropolitan area. January marked the 7th month in a row that sales increased by double-digits.
Brokers reported that web activity, open house attendance and showings were up in the latter part of 2011, which lead to the increase in closed sales in January. Brokers are reporting the same kind of activity continued into January and the beginning of February.
Market dynamics continue to be dominated by: low prices, adequate supply of homes and extremely low interest rates. However, the missing ingredient for so long – consumer confidence – seems to be slowly coming around, as January sales numbers demonstrate.
Mother Nature has certainly been kind to the market this winter as well. With little to no snow, it is logistically easier for prospective buyers to look at more properties and sellers to keep their homes, driveways and sidewalks clean.
Another notable market characteristic is that 10 of the last 12 months have seen a decrease in listings. This is a very important future indicator that may portend a transition in the market that has already occurred in other areas of the country, and may result in modest price appreciation.
County-by-County Sales Analysis:
• Milwaukee County was up 12.4% in sales over 2011 (444 units vs. 395 units)
• Waukesha County was up 16.3% vs. 2010 (193 sales compared with 166)
• Washington County was up 4.9% compared to 2010 (64 vs. 61)
• Ozaukee County was even at 0% vs. a year ago (36 units vs. 36 units)


Please feel free to call me for any of your real estate needs, including an online market if you are a seller, or finding a home in Waukesha County. The following MLS information is for the last 30 days from 1/13/12 to 2/13/12. Kristin Johnston Gives You The Real Estate Activity For The City of Waukesha, WI For the Last 30 Days: Real Estate In Waukesha County, WI.

In the Waukesha,Wisconsin Real Estate market 51 homes sold; 15 were list and sold by the same company, and 36 were sold by co-brokes.
In the Waukesha, Wisconsin Real Estate market there were 114 new listings.
In the Waukesha,Wisconsin Real Estate market there were 36 pending listings.
In the Waukesha,Wisconsin Real Estate market there were 1 withdrawn listings.
In the Waukesha,Wisconsin Real Estate market there were 0 canceled listings.
In the Waukesha,Wisconsin Real Estate market there were 83 expired listings.
In the Waukesha,Wisconsin Real Estate market there were 26 back on market listings.
In the Waukesha,Wisconsin Real Estate market there were 89 extended listings.
In the Waukesha,Wisconsin Real Estate market there are 570 currently active listings.
| Address: 1339 Hillwood Blvd G Pewaukee, WI 53072-6515 County: Waukesha | MLS #: 1217379 |
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Directions: Capitol Drive to Westfield Way, left on Hillwood. Use drive on far side of building.
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| School District: Pewaukee |
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Remarks: Charming one level home with spacious rooms sizes, neutral decor, and oversized windows. You'll be entranced by the view from the living room and patio - privacy, greenery, flowers! Your own little oasis from this crazy world! Plenty of storage, attached garage, in-unit laundry – must see this one! Close to shopping, restaurants, short jaunt to Pewaukee lakefront!
Private Remarks: This is a short sale. In the event sellers lender requires a reduction in commission, the cooperating broker’s commission shall be reduced by an amount equal to 40% of the reduction required by the lender. Property being relisted, do NOT call seller!
Showing Instructions: All showings through Lister 262-370-4242 Property being relisted!

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There is always something to do in Waukesha, WI. And this weekend is no exception. If you are an animal lover like me, please take the time to attend one of these local events and support HAWS, the Humane Animal Welfare Society. You will be glad you did and the animals will greatly thank you as well!
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