The GOOD NEWS IS: Menomonee Falls has experienced increasing sales for 4 out of the last 5 months. The numbers for the year are still down from 2007 but they are improving. The sales for October were 28 - a 33% increase over 2007.
New listings in October were 39-- dead even with last year. Since January we have seen fewer homes coming on the market than 2007. We are down over 10.9% for the year.
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 179 homes on the market. This means that there is over 5 months of inventory on the market.
Inventory is decreasing, if you are thinking of buying this may be the right time to still have a good selection!
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.
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.