CEDARBURG — Although active listings in Ozaukee County
for April increased by 23 compared to March, year-over-year active listings for April declined 10 percent to
457 from 508, according to a news release from the
Ozaukee Realtors Association.
listings also were down 10 percent for that same time
period from 179 to 161. Both pending sales and closed
sales in April remained flat, down one at 67 and 103
respectively over April 2016.
Year-to-date, active listings in Ozaukee County fell
13.8 percent for 2017 at 1,559, compared to 1,808 for
2016. Closed sales were down 3.1-percent year-to-date
with 286, compared to 295 in 2016. Pending sales,
however, were up 5.9percent year-to-date at 197,
compared to 186 last year.
median sales price in April for Ozaukee County homes was
up 13.3 percent to $289,000, compared to $255,000 for
April 2016 and compared to $252,000 for last month.
Year-to-date, the median price is up 6.7 percent at
$262,770 from $246,280, according to the ORA.
“It’s definitely competitive out there,” said Carolyn
Stangl, president of Ozaukee Realtors Association. “The
increase in the median prices for April over last month
and compared to last year is a strong indicator of this,
as is the relatively nominal change in pending and
closed sales. We can’t say it enough: inventory is at a
crucial low right now, so if you’re at all considering
selling, now is the time.”