Market Report for 2009 - Menomonee Falls Wisconsin Sold Homes

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Services for Real Estate Pros

 Market Report for 2009 - Menomonee Falls Wisconsin Sold Homes

 Real estate is hyper local, here are the final numbers for sales and listings of homes in Menomonee Falls Wisconsin for the year 2009.

The final numbers are in for Real Estate in Menomonee Falls .  The numbers for 2009 ended with less sales.... 388 homes being sold.  (as provided by the Multiple Listing Service).  2008 number of sales was 418. 

Time on market remains steady with an average of 93 days to sell.

Percent of Original list price received at sale is 92.2%.  This is down from 94.3%  the previous year (2008).

The median sales price was $214,750.  Down almost 9% from $235,000 in 2008.

Inventory is down just a touch with 675 homes on the market. 

What does this mean?  It is a great time to buy a home!!  It is a great time to sell and move up to a larger home! Interest rates are historically low and inventory is high for a greater selection.

 

 

Information provided from the Greater Milwaukee Multiple Listing Service 1-13-2009

 

Background on the "revised" Tax Credit

Signed into law, the $8,000 tax credit was extended to first-time home buyers who purchase a home between November 7, 2009 and April 30, 2010. In addition, a $6,500 credit is available for current homeowners who have owned and used the same home as a principal or primary residence for at least five consecutive years of the last eight years and who purchase a new home as a primary residence by April 30, 2010. Contact me if you'd like more details.

 

For help with selling a home.

Call me for help before Foreclosure.

For help with buying a home.

Your neighborhood expert is here to help.

E-mail me.

 

 


You can find great local Milwaukee Wisconsin area real estateinformation 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 Milwaukee, Waukesha, Washington counties and the surrounding area.

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Topic:
Real Estate Market Trends
Location:
Wisconsin Waukesha County Menomonee Falls
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Market Reports
Tags:
realtor
buying a home
selling a home
wisconsin real estate
april haydenmunson
menomonee falls wisconsin real estate market report

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Rainmaker
3,978,839
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Hi april.  We are starting to see the down trend reversing.  Not a lot, but the bottom has hit in many areas and is actually on the rise.  Great news.  Right now if a buyer is snoozing...they will be losing if they don't act soon!

Jan 13, 2010 10:24 AM #1
Rainmaker
3,246,891
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

April

Thanks for the market update.

Good luck and success.

Lou Ludwig

Jan 13, 2010 01:25 PM #2
Rainmaker
245,358
April Hayden-Munson
Brookfield, WI
Brookfield Wisconsin Real Estate

Bill - I agree!  Hopefully we can get the word out to many that are sitting on the fence. 

Lou, thanks for stopping by!

Jan 14, 2010 04:15 AM #3
Ambassador
1,965,130
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Hi April, good end-of-year overview and comparison for your area.  It's good information for buyers interested in your area and home owners who may be considering selling this year. All the best!

Jan 14, 2010 11:55 AM #4
Rainmaker
245,358
April Hayden-Munson
Brookfield, WI
Brookfield Wisconsin Real Estate

Thanks Silvia, home owners don't seem to be aware of the great benefit of selling this year (early).

Jan 15, 2010 07:12 AM #5
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Rainmaker
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April Hayden-Munson

Brookfield Wisconsin Real Estate
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