Property sales in Ozaukee County have begun to slow

News Graphic Staff

Dec. 1, 2015

CEDARBURG — Data market and sales information for Ozaukee County from Realtors Property Resource shows sales have begun to slow down.

There were 81 single-family, condominium and townhome properties that closed in Ozaukee County in October compared to 123 in September, said a news release from the Ozaukee Realtors Association.

Pending sales stayed relatively unchanged at 36 in October, which was two more than in September but down from 84 in October 2014.

There were 471 active listings in Ozaukee County at the end of October, down from 501 in September and 655 in October 2014, the news release said.

There were 111 new listings in October, compared to 127 for the same month last year. Only Cedarburg had the average number of days on the market at less than 90.

“We’re just now starting to see a decline as we head into the holiday months,” said Mike Didier, president of Ozaukee Realtors Association.

“Inventory has steadily been dwindling and the number of closed sales fell by 34 percent in this last month,” he added. “We anticipate that trend will continue until we get past the holiday season and enter into the spring market.”

The Ozaukee Realtors Association is headquartered in Cedarburg. Its mission is to serve its members by promoting professional and ethical conduct, to foster a spirit of cooperation among its members, to provide services and programs that assist its members in the successful conduct of their business and to help defend the rights of all people to own and transfer real property, the news release said.