We're over halfway through April already, and here in Ozaukee and Washington counties the sun is shining and the temperatures are rising -- finally! Spring has sprung. And the real estate marke is abuzzing. Here's a quick snapshot of what's happening in Ozaukee and Washington counties. The information here is provided by Multiple Listing Service, Inc.
SOLD UNITS APRIL 1-15, 2009 |
Ozaukee County |
Washington County |
Single-family |
14 |
23 |
Two-family |
0 |
1 |
Condominiums |
2 |
8 |
NUMBER OF UNITS CURRENTLY ON THE MARKET AS OF 4/17/09 |
Ozaukee County |
Washington County |
Single-family |
576 |
848 |
Two-family |
16 |
44 |
Condominiums |
232 |
390 |
The status "pending" means the property has an accepted offer and all contingencies have been removed.
PENDING UNITS AS OF 4/17/09 |
Ozaukee County |
Washington County |
Single-family |
37 |
63 |
Two-family |
0 |
1 |
Condominiums |
10 |
28 |
So what does this mean for you?
First, contrary to what you might be hearing in the media, the real estate market in Ozaukee and Washington county is moving -- no pun intended. If you're in the market to sell your current home, buyers are out there. We typically see an upswing in activity this time of year -- and it's no different this year -- so it's a great time to get on board.
Second, if you're considering buying a home -- whether it be a first-time purchase, upsizing, or downsizing, this is a great time to jump in, as well. You can see inventory is still high, so you have a lot from which to choose. And did you know that interest rates have been and continue to be at or below 5%??? No one knows how long they'll stay there, so why not jump in now??
Feeling a little overwhelmed or confused about everything you're hearing or reading? Not sure what your next step should be? Contact a local realtor for some guidance. We know the market better than anyone.
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