April 2010 Real Estate Activity for Muskego & the end of the $8000 tax credit. What does that mean?
There were 18 sales in April with an average sales price of $210,003 with a original list to sale ratio of 86.91% and 127 days on the market. There are currenlty 21 accepted offers with future closing dates.
I April there were 4 fewer closings than in 2009. There were also 9 fewer new listings added in this year in april than last year.
There are currently 255 properties listed with an average list price of $308,735 with an average time on the market of 197 days.
The total sales year to date in Muskego has been 55 sales which is 5 less than last year or a 8% reduction in sales. However, there were 14 accepted offers in April that may help activty in May. So net net it does not appear the $8000 tax credit assisted the market in Muskego but kept it consistent with last years results.