Good News - NO - Great news!! We JUST may be at the bottom of the real estate market. Buyers, get out and get your deal before we are looking behind us saying "I should have bought last month!". Sellers, get your homes ready to sell!
Southeastern Wisconsin!
Local MLS activity indicates sales are increasing and inventory is declining!! Inventory has declined from a whopping 24 month supply to a 16 month supply. This is a great improvement!!
Here are the stats for the Milwaukee Wisconsin area thru April 30, 2008
| | New Listings | Active Listings | Sold Listings | Months Inventory |
| Apr/2008 |
7,276 |
35,224 |
2,150 |
16.38 |
| Mar/2008 |
6,232 |
33,622 |
1,925 |
17.47 |
| Feb/2008 |
5,480 |
32,988 |
1,635 |
20.18 |
| Jan/2008 |
6,193 |
32,648 |
1,334 |
24.47 |
| Dec/2007 |
3,110 |
34,337 |
1,683 |
20.40 |
| Nov/2007 |
4,678 |
36,265 |
2,111 |
17.18 |
| Oct/2007 |
6,243 |
37,353 |
2,348 |
15.91 |
| Sep/2007 |
6,296 |
37,565 |
2,425 |
15.49 |
| Aug/2007 |
6,920 |
37,685 |
3,287 |
11.46 |
| Jul/2007 |
7,462 |
37,011 |
3,082 |
12.01 |
| Jun/2007 |
7,703 |
36,627 |
3,614 |
10.13 |
| May/2007 |
8,571 |
35,040 |
3,343 |
10.48 |
| Apr/2007 |
7,807 |
33,072 |
2,828 |
11.69 |
| Mar/2007 |
7,831 |
31,584 |
2,741 |
11.52 |
| Feb/2007 |
5,785 |
30,621 |
1,982 |
15.45 |
| Jan/2007 |
7,216 |
29,646 |
1,845 |
16.07 |
| Dec/2006 |
3,723 |
30,573 |
2,240 |
13.65 |
| Nov/2006 |
4,736 |
32,084 |
2,417 |
13.27 |
| Oct/2006 |
6,333 |
32,795 |
2,904 |
11.29 |
| Sep/2006 |
6,709 |
32,931 |
3,102 |
10.62 |
| Aug/2006 |
7,412 |
32,661 |
3,596 |
9.08 |
| Jul/2006 |
7,007 |
31,523 |
3,401 |
9.27 |
| Jun/2006 |
7,734 |
31,033 |
4,320 |
7.18 |
| May/2006 |
8,264 |
29,768 |
3,736 |
7.97 |
 You can find great local Brookfield, Wisconsin real estate information on Localism.com April Hayden-Munson Realtor, Southeastern Wisconsin is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business. Serving all of your Southeastern Wisconsin Real Estate Needs. To view homes for sale go to http://www.movewithapril.com/ Posted by April Hayden-Munson RE/MAX Realty 100
0 Comments on Real Estate Market hits bottom! See the numbers!
|