OZAUKEE COUNTY - Home sales in Ozaukee County
declined by 25 percent in March, compared to the same month a year
While the number
of sales in the county was fewer than in the three surrounding
counties in metro area, the decline was by far the biggest of the
There were 48 home
sales in Ozaukee County this March, compared to 64 the year before.
Here are the sales
numbers for the other counties included in the Greater Milwaukee
Association of Realtors’ monthly report:
County - 519 sales last month, 574 sales in March 2013, decline of
County - 210 sales last month, 227 sales in 2013, decline of 7.5
County - 86 sales last month, 95 sales in March 2013, decline of 9.5
numbers for the four-county metro area indicates of 10.1 percent
decline in sales over the period.
The GMAR said cold
weather was a big reason for the decline in sales.
“For the second
straight month, the bitter cold is blamed for the 97-unit deficit,”
said the monthly announcement from Mike Ruzicka, president of the
GMAR. “Despite a slow market in January and February, area brokers
expect the market to equal or beat the 18,203 unit sales of 2013 as
the local economy continues to improve and expand.”
level for February was at 6.13 months, slightly above January’s
6.0-month level. If the 1,329 listings with an active offer are
subracted from the current listings of 7.788, the inventory level
drops to 4.4 months, which Ruzicka called “very tight.”
“As the market
moves into spring, we should see more listings added to the current
inventory level in anticipation of a busier market,” he said.
home prices, availability of listings all point toward a robust
market, he said.
Gary Achterberg can be reached at