The increase in the number of closed sales continues to be a positive sign for the Thiensville and Mequon housing markets.
So far, just about every month in 2013 experienced a double-digit percentage increase in closed sales – when compared to the corresponding month from last year. That’s consistent and healthy improvement!
Additionally, days on market until sale continues to drop. Three months ago, April statistics showed an average of 130 days on market until sale. This month, we are down to 84 days. And with fewer new listings, inventory continues to constrict.
Here are the Mequon-Thiensville market highlights for June 2013 as reported by Metro MLS in Wauwatosa.
New Listings = 61
15.3% decrease in new listings as compared to last month (May), 32.6% increase over June 2012
Closed Sales = 41
5.1% increase in number of closed sales as compared to last month (May), 5.1% increase over June 2012
Median Price = $315,000
12.5% increase as compared to median price of $280,000 in June 2012
Percent of Original List Price Received = 94.6%
4.5% increase as compared to June 2012
Days on Market Until Sale = 84 days
14 days less as compared to June 2012 (98 days)
Inventory — Single-Family Detached = 160 units
22.3% fewer single-family detached units as compared to June 2012 (206 units)
Inventory — Townhouse-Condo = 65 units
14.5% fewer townhouse-condo units as compared to June 2012 (76 units)
For more details, see our list of which Mequon homes sold in June 2013. We include addresses, number of rooms, days on market as well as list and sold prices.
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