Metro Milwaukee real estate continues to be strong with an increase in sales of 3% over last October. More than 1600 homes sold this month! Metro MLS is on track to end the year with around 18,000 sales. Contact any First Weber agent to begin the listing process and/or find out what your home is worth.
Here’s a look at sales by County in the Milwaukee area (source Metro MLS)
Milwaukee County home sales
October 2013: 784 vs October 2012: 746. A 5.1% increase.
Waukesha County home sales
October 2013: 409 vs October 2012: 397. A 3% increase.
Ozaukee County home sales
October 2013: 90 vs Octoberr 2012: 91. A 1.1 % decrease.
Washington County home sales
October 2013: 151 vs October 2012: 152. A .7% decrease.
Racine County home sales
October 2013: 196 vs October 2012: 189. A 3.7% increase.
Quoting the Greater Milwaukee Association of Realtors: ” The market is proving to be very ‘balanced,’ in contrast to the wild swings we saw over the last decade. Sellers should not assume they will get whatever they ask for, and buyers should know the days of deep discounts are gone; a REALTORS® guidance will help both parties purchase or sell a property for a fair price.”
Balanced is good! Interest rates remain good, but they are predicted to continue to rise.
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