1st Quarter 2010 Statistical Analysis Single Family Home Sales Greenfield, Wisconsin

Here are the current market conditions for the Greenfield Wisconsin Single Family Home Real Estate Market.

There were 36 homes sold during the 1st quarter of 2010 in the City of Greenfield WI (about 50% less than last quarter.) The monthly break down is as follows:

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• January-  12 homes sold
• February- 5 homes sold
• March- 19 homes sold

There are 157 active listings in Greenfield, WI as of 11 May 2010 (about 33% more than last quarter) of which 28 have accepted offers. There are an additional 19 homes that are in pending status meaning that they are pretty much ready to close. Homes sold in the 1st quarter 2010 were on the market, on average, 133 days, up from 127 last quarter. Homes were selling for 95.86% of last asking price and 86.56% of assessed value. Based on the sales data for the quarter, there is currently a 13 month supply of inventory in the Greenfield, WI Market which is a dramatic increase over last quarter. While about 22% of the total number of sales were listed as foreclosures they were mostly comprised of homes at the lower price points.  There was a total of $7,270,080 in sales volume which translates into an average sales price of $201,947 (up dramatically from the previous quarter) for the Greenfield WI home market.

(all data collected using the Metro-MLS 5/11/10)