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So What's Happening in Your Neck of the Woods?

By
Real Estate Agent with Realty Executives Integrity R.E. Broker 55289-90

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.Jump in

 

 

 

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??

 

Uncertainty

 

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.

 

 

 

 

Brenda Carus
Century 21 Zwygart Real Estate - Monroe, WI

Seeing the numbers really helps to determine what is going on.

Apr 23, 2009 05:38 AM