More Year end 2007 Metro Milwaukee MLS stats are in.
Look at these stats comparing 2003 and 2007 year end stats. Interesting...
Milwaukee County 2003: Homes sold 11,381. Ave sales price $145,094. Ave Days on Market 63
Milwaukee County 2007: Homes sold 9580. Ave sales price $192,844. Ave Days on Market 91
Racine County 2003: Homes sold 2454. Ave sales price $150,884. Ave Days on market 57
Racine County 2007: Homes sold 2249. Ave sales price $183,651. Ave Days on market 95
Just wanted to share some postive real estate news... you'll note average sales prices increased nicely since 2003!
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Homes are selling. The way the news reads, you'd think not a home has sold in 2007. The facts tell a different story.
Dane County MLS Homes sold:
January - December 2006 = 7,143
January - December 2007 = 6,672
Sale Price to asking price:
2006 = 98.1%
2007 = 97.3%
Average annual home appreciation:
Last 3 years: 5.8
Last 5 years: 5.2%
Last 10 years: 5.6%
All facts are for Dane County, Wisconsin.
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