Market Report Germantown Condos Wisconsin ending October 31, 2008

By
Services for Real Estate Pros

The GOOD NEWS IS:  Germantown has experienced increasing sales for 4 out of the last 6 months.  The numbers for September and October were slightly below the 2007 sold numbers.

October Sales in 2008 were 5.  This was a slow month.  The election may have had this effect.  The stock market tanking may also have had a little to do with it.

New listings in the last 3 months were down form last year.  Since January we have seen 18.5% fewer homes coming on the market than 2007.

This indicates the market is getting better, with fewer homes in inventory and a little quicker sales for the properties that are on the market.

Current inventory is  52 homes on the market.  This means that there is more than10 months of inventory on the market currently indicating that it is still a "buyers market" in the marketplace.

If you'd like help with buying a selling a home, contact me anytime!

 

Information provided by April Hayden-Munson Your Real Estate Expert

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.

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