What happen in the West Allis real estate market in 2010?

In December there were 21 sales with an average sales price of $98,000 with a list to sales ratio of 94% and 93 days on the  market. During December there were 64 new listings added to the inventory with 77 listings expiring.

Currently there are 475 properties listed in West Allis.

There were a total of 565 properties that sold in West Allis in 2010 which is 93 fewer sales than happened in 2009.  In 2010 there was a average of 47 sales per month, which indicates a 12.02 months on listing inventory on the market for West Allis.

There was a 4.5% decrease in sales price when compared to 2009 data in 2010.  The median sales price was 128500 in 2010 compared to 134500 in 2009.

The new listing added in 2010 were 1.2% less at 16 when compared to the new inventory added in 2009.  The average starting list price was also down when compared to 2009 data.  In 2009 the list price average was 144900 while in 2010 the average was 139900 or a 3.5% decline.

The current inventory has an average list price of $144,993 and has been on the market 191 days.
  • January 02 2011 - West Allis
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