See Details on May Milwaukee Home Sales in the New Homes.org Real Estate Report

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The new Homes.org real estate market report features data on the 2012 May home sales in Milwaukee, WI. The report has information on the most recent market activity in the Milwaukee including data on current inventory, sales figures and trends for Milwaukee home sales.

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A recent real estate report from Homes.org features information on the latest activity and trends in the Milwaukee real estate market during May 2012. Both year-over-year and month-over-month the most recent Milwaukee sales figures indicate that the market is recovering.

Below are some key findings for the Milwaukee area:

  •     Total closed sales in May 2012 were 1,674, 31.9% higher than May 2011
  •     Residential sales accounted for 1,602 sales
  •     The number of Active Listings in May 2012 was 13,250
  •     Inventory was at 8.3 months, down from 8.6 months in May 2011
  •     Inventory excluding foreclosures is at 7.6 months
  •     There were 2,684 new listings added to the market in May 2012, down 6% from May 2011

May was the 11th straight month in which home sales have increased in the Milwaukee area. Paired with an inventory that is decreasing, Milwaukee is now experiencing a more balanced market than it has in years past.

Milwaukee Real Estate Market Latest Information and Statistics

Counties: Milwaukee, Washington, Waukesha

Zip Codes in the City: 53201-53228, 53233, 53234, 53237, 53259, 53263, 53267, 53268, 53270, 53274, 53277, 53278, 53280, 53281, 53284, 53285, 53288, 53290, 53293, 53295

Population: 594,833

Population (Metro): 1,555,908

Total Households (2006-2010): 230,203    

Median Value Owner Occupied Housing (2006-2010): $140,000

May 2012 Total Home Sales in Milwaukee: 1,674

May 2012 Median Sales Price in Wisconsin: $138,000

May 2012 Median Sales Price in Milwaukee: $ 155,500

Renters vs. Owners (2006-2010): 53.6% vs. 46.4%

Type of Home:
62% Single Family
8% Condo
30% Other

Popular Milwaukee Neighborhoods Seeing Improvement in Sales

  •     Downer Woods
  •     Enderis Park
  •     Franklin Heights
  •     Historic Mitchell Street
  •     Kops Park
  •     Lincoln Village
  •     Park West
  •     Polonia
  •     Roosevelt Grove
  •     Washington Heights

To learn more about the Wisconsin real estate or search for licensed real estate agents in Milwaukee, WI, please visit: Homes.org

About Homes.org
Homes.org is a fast growing real estate search portal that offers users much more than MLS listings. Homes.org gives users access to a rich collection of resources, including but not limited to, real estate listings, home owner finance tools and home service tools. Homes.org brings buyers, sellers and renters important information about the current markets and intelligent tools by partnering with real estate professionals from around the country. Homes.org is a subsidiary of Star Nine Ventures, Inc. headquartered in Austin, TX.

About Star Nine Ventures®
Star Nine Ventures® is an Austin-based, marketing-driven venture creation company targeting a wide range of national business-to-consumer online marketplaces. Star Nine's core mission is to build businesses that provide exemplary consumer experiences and unparalleled customer service.

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Ace Elliott
Homes.org
512-538-2215
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