Ozaukee & Washington County Real Estate: Waiting for That Spring Market in Ozaukee & Washington County

Find out more about Ozaukee and Washington County real estate, including the cities of Grafton, Belgium, Cedarburg, West Bend, Jackson and Germantown.

Waiting for That Spring Market in Ozaukee & Washington County

spring housing market

It seems that in the early part of the year so many sellers are waiting for Spring before listing their house. We hear it every year when people start talking about selling their homes in Ozaukee and Washington counties.

A week or so ago, I did what I could to explain to one of my sellers, who was on the verge of letting an accepted offer she had on her home die, what that spring market would mean for her.

Yes, we generally see a greater number of buyers in the Spring and Summer than we do in the winter months. However, that doesn't mean prices will automatically be greater than what they were in January or February. It doesn't mean that the value of a home will "spring back" and surpass that of a recent appraisal.

Market conditions are local, so it's important that sellers understand what the inventory is like in their area and price point. It may still be high, resulting in lower demand. Likewise, though, the inventory could be low, which may result in a higher demand for their house or even a multiple offer situation. But again, that doesn't mean this demand will instantly push the value of their home back up to what it was in the early 2000s.

The Spring market is just around the corner in Ozaukee and Washington counties. Is it time to get your house listed?

 

ORIGINALLY POSTED AT http://peggywester.com/spring-real-estate-market-ozaukee-washington-counties/

 

 

 

Peggy Wester
Phone: 262-370-1757
Email: pwester@realtyexecutives.com
Website: peggywester.com
Blog: peggysblog.com


Peggy Wester - Realty Executives Integrity

Comment balloon 2 commentsPeggy Wester • March 03 2013 09:41AM

Comments

Peggy.... sooner rather than later for fresh inventory to hit the market..... we only know what the market is at this moment....and market conditions change without notice!!

Posted by Barbara Todaro, Marketing Agent for The Todaro Team (RE/MAX Executive Realty ) almost 7 years ago

Barbara -- Exactly! I've had two sellers recently ask how many houses will be coming on the market in their respective area this spring. Wish I knew!

Posted by Peggy Wester, Real Estate Agent Ozaukee & Washington County (Realty Executives Integrity) almost 7 years ago

Participate