menomonee falls real estate update: Menomonee Falls Wisconsin Real Estate Market Report - 12/16/09 07:53 AM
Menomonee Falls Wisconsin Real Estate Market Report for November 2009
The year in real estate..... The numbers are in for Menomonee Falls Wisconsin Real Estate sold for the year up to November 30, 2009.
Menomonee Falls Wisconsin has seen the housing inventory reduced this year over the past 2 years.  The prices are also coming in lower.  The November numbers for Menomonee Falls sold homes are up compared to the last 2 years sales.  The first time buyers were rushing to get their deals done before the deadline of November 30th to receive up to $8,000 in tax credit money.  With … (2 comments)

menomonee falls real estate update: Menomonee Falls Real Estate Update Condominium Sales - Sales are UP! - 12/16/08 07:40 AM
Sales of Condominiums in Menomonee Falls show a total of 75 sales year to date.  This is higher than the 2007 numbers.  The total for 2007 was 61 sales.  This is a 23% increase over last year.  There likely will be some properties closing before year end, changing the numbers a little bit.
New listings coming on the market are down 7% from last year.   There is still a good amount of inventory for buyers to choose from.
The sales in Menomonee Falls are better than most metropolitan areas are experiencing. 
 
If you are thinking of purchasing a condo in Menomonee Falls, give me … (6 comments)

menomonee falls real estate update: Market Report Menomonee Falls Wisconsin - Sales steady, Inventory Up - 12/09/08 08:02 AM
The GOOD NEWS IS:  Menomonee Falls has experienced increasing or steady sales for 5 out of the last 6 months.  The numbers  for the year are still down from 2007 but they are improving.  The sales for November  were 19 - dead even with 2007.
New listings in November were 30, a bit higher than the 26 for last year. Since January we have seen fewer homes coming on the market than 2007.  We are down over 19.3% for the year.
This indicates the market is getting better, with fewer homes in inventory and a little quicker sales for the properties that are on the market.
Inventory is decreasing, if you … (0 comments)

menomonee falls real estate update: Market Report Menomonee Falls Wisconsin ending October 31, 2008 - 11/25/08 12:21 PM
 
The GOOD NEWS IS:  Menomonee Falls has experienced increasing sales for 4 out of the last 5 months.  The numbers  for the year are still down from 2007 but they are improving.  The sales for October were 28 - a 33% increase over 2007.
New listings in October were 39-- dead even with last year.  Since January we have seen fewer homes coming on the market than 2007.  We are down over 10.9% for the year.
This indicates the market is getting better, with fewer homes in inventory and a little quicker sales for the properties that are on the market.
Current inventory is 179 homes on … (0 comments)

menomonee falls real estate update: Market Report Menomonee Falls Wisconsin - Sales up, Inventory Down - 10/18/08 08:08 AM
 
Reporting on sales and activity for Menomonee Falls Wisconsin for the month ending September 30, 2008. 
September sales in Menomonee Falls show as 29 closings.  In 2007 data shows 26 sales for the same time period.  Year to date there have been 275 sales, in 2007 there were 333 for the same period.
There are currently 245 active listings in Menomonee Falls.  That is a little over 9 months supply on the market.  This indicates that we are still in a buyers market.   When inventory is at 5 months or less, it is considered a "sellers" market.
Sales are up this month from 2007 - that is … (0 comments)

menomonee falls real estate update: Market Report Menomonee Falls Wisconsin 3-3-2008 96% of asking price - 03/03/08 05:14 AM

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 … (0 comments)

 
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April Hayden-Munson

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