Wauwatosa Wisconsin Market Report Oct. 1, 2008
By April Hayden-Munson, Brookfield Wisconsin Real Estate
Reporting on sales and activity for Wauwatosa Wisconsin for the month ending September 30, 2008. September sales in Wauwatosa show as 31 closings. In 2007 data shows 27 sales for the same time period. There are currently 241 active listings in Wauwatosa. That is 13 months supply on the market. This indicates we are in a buyers market. When inventory is at 5 months or less, it is considered a "sellers" market. Sales are up slightly from 2007 - that is a good sign. Building permits across the country are down to just under a million, historically this is an INDICATOR that we have reached the BOTTOM of the market. If sales for this past month are an indicator, sales are increasing. That is good news for the economy and the seller's in the area. If you would like a market report on yo...
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