- Total Active Inventory (266): Active homes on the market jumped +8.57% month-over-month. This is great news for buyers who have been waiting for more options to pick from.
- Total Sales (116): Closed sales remained healthy, increasing by +7.41%
compared to August.
- New Listings (157): Fresh properties hitting the market ticked up slightly by +3.97% M-O-M.
- Pending Contracts (45): Homes heading into escrow saw a substantial slowdown of -22.41%, indicating that the intense summer buying rush is beginning to cool down as seasonal patterns take hold.
- Median Sales Price ($507,500): The median price for a closed home in Ozaukee County grew by +3.26% month-over-month, highlighting the sustained premium value of properties in the area.
- Average Sales Price ($586,754): The average sales price dipped by -7.26%, suggesting a normalization of high-end luxury closings compared to the previous month.
- Median New List Price ($534,900): The median price for fresh listings dropped -6.14% M-O-M.
- Average New List Price ($630,370): The average price for newly listed properties adjusted downward by a minor -1.71%.
- Average Days on Market (23 Days): Homes are still moving exceptionally fast, ticking up by just 2 days month-over-month. High-quality, well-priced homes are still accepting offers in just over three weeks on average.
- Months of Supply (2.29 Months): The county currently sits at a 2.29-month supply of inventory (holding relatively steady from August’s 2.27 MOS). Because a fully balanced market requires a 4-to-6-month supply, Ozaukee County remains firmly positioned in a seller’s market.
- For Buyers: An 8.57% bump in total active inventory means you have more listings to browse through than you did last month. Sellers are also coming to the table with slightly more realistic list prices (down 6.14% at the median), making this a great window to look for opportunities with slightly less competition.
- For Sellers: Competition is growing slightly as more inventory enters the market, and pending contracts have eased up. However, with supply still tight at 2.29 months and median home values comfortably over the $500k mark, you still hold substantial leverage. Precision pricing and strong visual marketing remain essential to making your home stand out.
