Market Report Menomonee Falls Wisconsin - Sales up, Inventory Down
By April Hayden-Munson, Brookfield Wisconsin Real Estate
Reporting on sales and activity for Menomonee Falls Wisconsin for the month ending September 30, 2008. September sales in Menomonee Falls show as 29 closings. In 2007 data shows 26 sales for the same time period. Year to date there have been 275 sales, in 2007 there were 333 for the same period. There are currently 245 active listings in Menomonee Falls. That is a little over 9 months supply on the market. This indicates that we are still in a buyers market. When inventory is at 5 months or less, it is considered a "sellers" market. Sales are up this month from 2007 - that is a good sign. NATIONWIDE: Building permits across the country are down to just under a million, historically this is an INDICATOR that we have reached the BOTTOM of the market. If sales for this past mont...
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