There were 71 sales in April with an average sales price of $131,365 with a original list to sale ratio of 91.79% and 122 days on the market. There are currently 58 accepted offers with future closing dates.
In April 2010 there were 25 more sales than in 2009 and there were 18 fewer new listings added.
There are currently 560 listings with an average list price of $161,279 and 138 days on the market.
Of all the markets I review, West Allis had the most increase in sales for year to date results. There have been 196 sales in 2010 compared to 140 sales completed in 2009, which is a 40% increase. The tax credit had a tremendous effect on the west allis market. In addition the average sold price in January was 110,000 and it increased in April to $130,000.
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