Sales of Condominiums in Menomonee Falls show a total of 75 sales year to date. This is higher than the 2007 numbers. The total for 2007 was 61 sales. This is a 23% increase over last year. There likely will be some properties closing before year end, changing the numbers a little bit.
New listings coming on the market are down 7% from last year. There is still a good amount of inventory for buyers to choose from.
The sales in Menomonee Falls are better than most metropolitan areas are experiencing.
If you are thinking of purchasing a condo in Menomonee Falls, give me a call. With interest rates dropping to the low 5% range, this is a fantastic time to buy!
No one knows when the bottom of the market actually "is". We can only look backwards once sales pick up. Don't let this great time pass you by.
Information provided by April Hayden-Munson Your Real Estate Expert
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All Information is per the Multiple Listing Service on 12/16/08 and is deemed reliable but not guaranteed. Market Report for Condominiums, County of Waukesha, Menomonee Falls Wisconsin.