More Milwaukee Area - "RED HOT" Cities in need of Home Sellers

 

GREENFIELD, WI

Prices spiking in Greenfield — where average home prices rose by nearly $53,000 year over year — also made the list.

Total homes sold: 71, up from 62 in the first quarter of 2024.

Average sale price: $324,996, up 19% year over year.

Average number of days on market: 23 days, down from 28 days the year prior

NEW BERLIN, WI

Market heating up in New Berlin... Although prices have risen more modestly in New Berlin compared to Mukwonago or Greenfield, the community's market is still hotter than the metro-wide average.

Total homes sold: 62, up from 52 in the first quarter of 2024.

Average sale price: $486,689, up 7% year over year.

Average number of days on market: 23 days, down from 25 the year prior.

It's Still A HOT Market For Some Home Sellers!

Hampered by a shortage of houses and condominiums on the market, August sales of existing homes fell 1.6 percent in the four-county metro Milwaukee area.

The demand for homes priced at $300,000 or less remains high, but there aren't enough to go around in sought-after parts of the metro area... there are more first-time and empty nester buyers looking for listings under $300,000 than there are homes available. Click here to read more...

If you know anyone interested in selling, confidently refer them to Team Hoffmann, we have an extensive list of pre-approved Buyers. Call Today 414.897.0098

ATTENTION Wisconsin Homeowners! Best Home Sellers Market Since 2005!

Southeast Wisconsin continues to see a BIG demand for "For Sale" homes and there is still an extreme shortage. 2018 doesn't look to be any better, prices continue to go up and homes are selling fast!

Home building is at a modest pace in suburban Milwaukee and Waukesha counties, and is focused largely on higher-end houses. At the same time, many baby boomers are still not ready to put a “For Sale” sign in front of their longtime residence and provide millennials an affordable house to buy.

If you know anyone ready to sell in 2018, confidently refer them to Team Hoffmann.

Click here to read our online reviews