Home sales rise 5.3% in metro Milwaukee during November

Freeman Staff

Dec. 13, 2017

WAUKESHA Home sales were strong the month before Christmas in metro Milwaukee with an overall sales increase of 5.3 percent, according to data released Tuesday by the Greater Milwaukee Association of Realtors. A total of 1,540 homes were sold in November compared to 1,463 in November of 2016. According to GMAR, if the home sales of November 2017 are compared to the sales of November 2015, they increased 30.3 percent.

During the month of November 2017, home sales increased the most in Ozaukee County at 12.4 percent, followed by Milwaukee County at 7 percent, Washington County at 4.7 percent and Waukesha County trailing at 0.5 percent.

New home listings also were dismal in Waukesha County last month.

The GMAR reported that listings declined 6.4 percent in Waukesha County and 6.2 percent in Milwaukee County, which are the two main generators of real estate activity in the metropolitan area. There were only four months of positive listings in 2017, according to the report. In November, the only metro-Milwaukee county to see an increase of listings was Ozaukee County at 6 percent. Washington Countys listings declined at 1.7 percent.