Flex Quick Tip
October 9, 2009
September Market Reports

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Metro MLS has posted the most recent Market Indicators report as well as the current Local Market Updates for selected Counties and Cities.

You can follow this link: http://www.metromls.com/support/Market_Updates/index.html or visit www.metromls.com and select MLS Statistics under the MLS Admin menu. You will find other reports and statistics which may be of use to you in your business.

The final days of the tax credit for first-time home buyers is spurring some movement in home sales in the Milwaukee metro region. The number of signed purchase agreements in September was 978, down only 5.9 percent from last September. Earlier this year it was common to see declines of 20 percent or higher.

Home prices remain soft (the September median sales price was down 7.0 percent from last year), but the Percent of Original List Price Received at Sale has held steady at around 92.0 for the last several months—a sign that prices may be strengthening in the near-term.

As always, your comments and questions are welcome!


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