The 1878 Putney house at 123 McCall Street is among the
houses for sale in the area.
Charles Auer/Freeman Staff
MILWAUKEE - Home sales increased 13.1 percent in the
metro Milwaukee area during September and rose 12.5
percent through the end of the third quarter of the
year, according to data released Wednesday by the
Greater Milwaukee Association of Realtors.
September, a total of 1,738 homes were sold compared to
1,537 during the month of September in 2014. When
compared to the number of homes sold in September 2013,
sales increased 17.1 percent, according to the GMAR.
top performing county in the four-county metro area for
September was Waukesha County, which saw an increase of
18.4 percent compared to the same period the year prior.
In September of this year, 553 homes were sold compared
to 467 in 2014. Milwaukee County came in second with a
12.1 percent increase in sales in September. A total of
905 homes were sold in September 2015 compared to 807
for the same month last year. Washington County had an
increase of 6.5 percent and Ozaukee County’s sales rose
6.4 percent, according to Wednesday’s data.
GMAR reported that the last time the metro Milwaukee
area had more than 1,700 homes sold in September was in
The number of homes sold in the Milwaukee, Waukesha,
Ozaukee and Washington counties was up in September and the
first nine months of the year compared to 2014. Washington
County led the way for the three quarters and Waukesha was
tops in September.
Source: Greater Milwaukee
Association of Realtors
Washington County had the best first nine of 2015 with a
20.4 percent increase in sales when compared to the same
period in 2014. Next best was Ozaukee County with a 16.9
percent increase followed by Waukesha County at 15.6
percent when comparing the homes sold during the first
nine months of 2015 to the same period in 2014. In last
place was Milwaukee County, which had a 7.9 percent
increase during the first three quarters of 2015.
GMAR reported that the last time the market had more
than 15,000 sales during the first nine months was in
2006 when there were 15,803 sales. The four-county
region recorded 15,348 homes sold so far this year.
2015 market can be characterized as very solid, with
buyers quickly absorbing available listings since the
beginning of the year. The GMAR expects this trend to
continue through the rest of the year. Based on recent
data it appears that total sales for 2015 will be
approximately 18,827 units, about 9.8 percent ahead of
2014,” according to the report.
number of new listings continues to be a hurdle for the
market. The GMAR reported that new listings dropped
during the past two months: 1.3 percent in August and
3.4 percent in September. During the first nine months
of 2015, five months had listing increases.
“Regardless, the extra volume they provided did not
alleviate strong buyer demand, which still outstripped
supply,” according to the report.
the improved sales numbers home prices have also
increased. The average sale price, according to the GMAR,
increased in all four counties during the third quarter.
Ozaukee County had the highest average sale price
increase of $22,722, an 8 percent increase compared to
the third quarter of 2014, for a total of $296,003.
average sale price in Waukesha County through the third
quarter was $288,866, an increase of 3 percent.
Milwaukee County’s average sale price was $160,645, an
increase of 7 percent compared to 2014. Washington
County also had an 8 percent increase in its average
home sale price during period for an average of