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Muskego Market Update 11/27/08

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

During October 2008 there were  a total of 16 sales which is 8 less than last year or a reduction of 27% in volume.  However, the mediam sale price increased $78,949 or 41.3%.  The new listed added stayed even with last year with 53 new listings added in October.

 

In November month to date there has been 11 sales in 2008 compared to 18 in 2007 and there have been 13 fewer listings this year compared to last year, which is a reduction of 37%. The median sales price has increased 27% compared to last year and the median list price has reduced $30,800 compared to last November.

 

There are currently 228 poperties listed in muskego with a average list price of $396,442 with a average market time of 137 days.

There has only been one property in the last 30 days that sold under $200,000. Most all sales have been between $300,000 and $750,000.

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