April 2010 Real Estate Market update for Waukesha & the end of the $8000 tax credit. What does that mean?

By
Real Estate Agent with First Weber Group/short sale/cdpe/gri

There were 73 sales in April with and average sales price of $181,395 with a list to sales ratio of 93.62% and 122 days on the market.  There are also 64 accepted offers with future closing dates.

During April there were 12 more sales than in 2009 or a 19.7 % increase and a increase of new listing over last year of 20 properties or a 135 increase.

There are currently 788 properties listed in Waukesha with an average list price of $242,200 and 181 days on the market.

There are currently 39 properties that received accepted offers in April with future closing dates. For the year to date results there was 206 properties sold in 2010 and only 185 in 2009.  With the pending accepted offers and results to date it would seem that the tax credit was a significant stimulus to the waukesha market.

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Keith Manson

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