Alas! The grass is green and even needs to be cut! The daffodils are in full bloom. The temperatures are on the rise. People are coming out and enjoying the new life we call spring. And it seems like the real estate market in Ozaukee and Washington counties is continuing to come back to life, as well.
The number of single family homes that sold in Ozaukee County rose from 39 in March to 45 in April. In Washington county, that number rose from 52 to 69.
During the month of April, Ozaukee county didn't see the sale of any two-family dwellings, but Washington county increased by one over March.
Condominiums continue to sell, as well, with the number of sold units remaining steady in both Ozaukee and Washington counties with 10 and 22, respectively.
SUMMARY OF SALES IN OZAUKEE AND WASHINGTON COUNTY JANUARY - APRIL 2009
The tables below illustrate the number of units currently on the market and with the status of "pending." (The status "pending" means the property has an accepted offer and all contingencies have been removed.)
|
NUMBER OF UNITS CURRENTLY ON THE MARKET AS OF 5/4/09 |
OZAUKEE COUNTY |
WASHINGTON COUNTY |
|
Single-family |
584 |
844 |
|
Two-family |
16 |
46 |
|
Condominiums |
236 |
391 |
|
NUMBER OF UNITS CURRENTLY PENDING AS OF 5/4/09 |
OZAUKEE COUNTY |
WASHINGTON COUNTY |
|
Single-family |
46 |
61 |
|
Two-family |
0 |
2 |
|
Condominiums |
7 |
23 |
Interest rates continue to hover around the 5% mark, and the $8000 credit is still available to first-time homebuyers. So if you've been thinking about jumping into the real estate market, this may be the time to spring into action!
Peggy, good news for you. The spring season is bringing out the buyers. Continued success to you.
Gary -- I cannot believe how business has picked up the last 3-4 weeks here. I'm hoping the consumer confidence continues to grow and we see some "normalcy" return. I hope things are going well for you! Enjoy your day.
Peggy, our market has picked up, too. Glory days! LOL. I think I'm looking forward to a good year. I hope you are, too.
Marianne -- it has just been awesome! I am so grateful for the busyness and so glad I didn't give up!