Milwaukee Housing Market: Ranking Property Prices
Ranking Milwaukee Homes for Sale By their Prices
How Does Milwaukee Rank with Housing Prices?
Milwaukee real estate is changing for the better, showing now is better than ever before for investing in a home or condo.
According to Reuters, among the 50 largest metropolitan areas where housing prices are expected to appreciate between 2012 and 2018, the top five will see rises on average of 32 percent, while the bottom five will average gains of only 11 percent.
Homes in the Milwaukee Housing Market are Gaining Value!
The cities expected to report the largest increase in the median price of previously owned single-family homes are:
1. Memphis
2. Tampa
3. Jacksonville
4. St. Louis
5. Milwaukee
Zillow currently reports the median value of real estate near Milwaukee WI and in the Milwaukee housing market area is $120,800 while the price per square foot is $129 and the median rent being $1,200. Milwaukee home values have gone up 8.3% over the past year and Zillow predicts they will rise 3.7% within the next year.
Home Sales in Milwaukee County are Increasing in 2017
12,000 real estate sales are expected in Milwaukee by the end of 2017.
The graph above is exciting, but only includes Milwaukee county and does not cover Ozaukee, Waukesha, Washington and Racine counties which are expected to have even larger increases!
Take Advantage of the Growing Milwaukee Housing Market BEFORE the End of 2017!
The statistics are great, but what do they mean for buyers in the Milwaukee metro area? From buying a home for the first time to making your fiftieth investment purchase, Realtor Bob Arnold cannot emphasize enough the importance of taking advantage of the market NOW:
1) Prices have Steadily Risen the Past 5 Years
2) The Milwaukee Housing Market is a Safe Investment
Taking a look at the 7 county SE Wisconsin prices reported from WRA from 2012 to 2017, you see a jump from $141,000 to $186,000. We’re talking about a 32% increase in prices over a 5 year period alone in the Milwaukee housing market! Now is the time to act because there are…
+Better Interest Rates
+Better Prices
+Easier Negotiations!
If you are in the market to purchase a home or condominium in the next 6 months and would like to learn more about the current Milwaukee housing market, how to save money with the November and December buying market or you would just like to meet and talk about your buying goals, please contact me via text, phone or email.
You could be in your new home or condominium before Christmas!
Sincerely,
Realtor Bob Arnold
(414) 379-1101
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