Metro Milwaukee real estate sales up 41%

September 13, 2011

As we head into fall, we can look back at June, July and August for three strong months of sales in the metro Milwaukee real estate market.  Sales are still not back to the level of 2009 but are far and above sales last year where statistics were affected by limited time home buyer tax credits.  We are headed in the right direction.

Here’s a look at the last 3 months of sales of residential property in the Metro Milwaukee area. Data courtesy Metro MLS.

 Month  Sold 2009  Sold 2010  Sold 2011  2009 vs 2011  2010 vs 2011
 June  1582  1550  1419  -10.3%  -8.5%
 July  1619  885  1289  -20.4%  45.6%
 August  1500  946  1338  -10.8%  41.4%


Now looking at the major counties, August sales only.

 County  Sold 2009  Sold 2010  Sold 2010  2009 vs 2011  2010 vs 2011
 Milwaukee  900  535  747  -17%  39.6%
 Waukesha 369 277  372  0.8%  34.4%
 Ozaukee  88  69  94  6.8%  36.2%
 Washington  143  65  125  -12.6%  92.3%
 Racine  177  135  183  3.4%  35.6%

According to Mike Ruzicka, president of the Great Milwaukee Association of Realtors, buyers have been taking advantage of big discounts in the market.  Almost 63% of home sales in August were $199,999 or less. 

If buying a home anywhere in Wisconsin is on your mind, please see what is available at You may be pleasantly surprised at what your money can buy.  To see what home around you have sold for, please try a sold search at It’s free. Some areas of Wisconsin may need to register for a free My First Weber Account to access sold property data per MLS rules.

Thanks for reading this Metro Milwaukee real estate sales update from First Weber Group.  We are headed in the right direction. To sell now, you have to be prepared.  Check out this article on “9 tips on home selling”


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