Ozaukee County, the greater Milwaukee area – and for that matter,
all of Wisconsin – enjoyed a strong November home sales market,
according to a news release from the Ozaukee Realtors Association.
sales closed in Ozaukee County last month. That’s an 11.2-percent
increase from 89 last November.
the greater Milwaukee area – Milwaukee, Ozaukee, Waukesha and
Washington counties – closed sales increased 7 percent.
November had 6,213 closed sales, an increase from 5,960 in 2016, an
increase of 4.2 percent. In 2017, year-to-date closed sales are up a
modest 1.5 percent at 77,216 compared to 76,062 year to date in
2016, the news release added.
limited inventory has helped boost prices around the area. The
median price of homes in Ozaukee County in November was $292,000.
highest median price for November in the state, according to the
data reported by the Wisconsin Realtors Association.
Milwaukee, the median price was also up a healthy 5.9 percent to
$196,000 from $185,000 in November 2016. Statewide the median price
was also up 5.8 percent to $174.5,000 from $165,000, the release
“I feel like
news from Realtor associations around the state sounds like a broken
record,” said Troy Bretl, president of Ozaukee Realtors Association.
“But the truth is the story continues to be tight inventory, yet
sales remain strong, in no small part because Realtors are doing
everything they can to help buyers and sellers navigate this crazy
Realtors Association is headquartered in Cedarburg.