Inventory of homes for sale continues to tighten as the number of closed sales increased in April versus last month. Also, median sales price continues to show year-over-year increases, signaling better times ahead for those selling in the Mequon and Thiensville area.
Here are the Mequon-Thiensville market highlights for April 2013 as reported by Metro MLS in Wauwatosa.
New Listings = 66
37.5% increase over last month (March), identical number of new listings as compared to April 2012
Closed Sales = 39
44% increase over last month (March), 30% increase over April 2012
Median Price = $347,000
21.2% increase as compared to median price of $286,250 in April 2012
Percent of Original List Price Received = 93.9%
4.3% increase as compared to April 2012
Days on Market Until Sale = 130 days
20 days less as compared to April 2012 (150 days)
Inventory — Single-Family Detached = 139 units
23.6% fewer single-family detached units as compared to April 2012 (182 units)
Inventory — Townhouse-Condo = 59 units
29.8% fewer townhouse-condo units as compared to April 2012 (84 units)
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