New Berlin Real Estate Market Activity for May 2010

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

There were 42 sales with an average price of $235,141 with a list to sales ratio of 93.75%. The average time on the market was 126 days.  There are currently 20 accepted offers with future closing dates.

May 2010 sales were consistent with 2009 sales. However, the new listing added where down 23% when compared to 2009.  This month reflects the 2nd time there has been a reduction in new listing in as many months.  Will be a interesting trend if it continues.

There are currently 309 active listings with an average list price of $257,197 and 158 days on the market.

 

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Rainer
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Keith Manson

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