CEDARBURG — Real
estate inventory continues to be an issue in Ozaukee County and
throughout the country as recent May home sales data indicate,
according to a news release from the Ozaukee Realtors Association.
listings were down 2.8 percent from May 2016 to May 2017 – from 181
to 176 – active new listings were down 14.1 percent for the same
time period, from 560 to 481, a strong indicator of the tough market
out there, the news release added.
On a positive
note, pending sales were up 18.2 percent this May compared to May
2016 – from 66 to 78 – and closed sales were up 18.4 percent – 135
from 114 – in the month-to-month comparison. Year to date, both
pending sales and closed sales are up 8.7 percent and 2.9 percent,
respectively, according to the news release.
“Even with the
tight market, we’re continuing to see positive sales in the county
this spring,” said Ozaukee Realtors Association President Carolyn
Stangl. “May’s active new listings were up, with 176 compared to
April’s 169. Although not a lot, it shows we are still in an active
Realtors Association is headquartered in Cedarburg.
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