
Tim
Vander
Woude
RE/MAX
Realty 100
Office Direct:
(262) 784-6000
Tim Cell:
(262) 784-6010
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Brookfield Data:
Sold by Year
Average
SP
Individual
SP
LP/SP
Ratio
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Brookfield Real
Estate Market Data...
Property values have been negatively
affected by the current downturn in real estate all across the nation. Here are some graphs
and analysis that can help try and quantify the changes and explain the
current market conditions in Brookfield Wisconsin.
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Brookfield Homes Sold by Year
This
graph shows the number of single family
properties sold in Brookfield for each of the last 5 years. Click the image
at left to load it full size.
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Brookfield Average
Sold Prices per Square Foot
This
graph shows the average sold price per square foot for single family
properties sold in each of the last 5 years. These calcualtion can give
you a simple snap shot of how the market is doing. Click the image
at left to load it full size.
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Brookfield Individual Sold Prices per Square
Foot
Although there is a range of ages, types and quality of construction for homes in Elm
Grove... it is possible to look at some more detailed indicators to try
and determine if prices are flat, increasing or decreasing. In my
opinion one of the best for this purpose is the price per square foot
of individual sold
properties. This graph shows each of the single family properties sold
over the last five years in Brookfield charted by sold price per square
foot and by date. To make the trend more clear I've added a polynomial
trendline. Click the image at left to load it full size and for
additional commentary on what this means for buyers or sellers of real
estate in Brookfield.
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Brookfield List
Price/Sold Price Ratios
One way to judge the market is
to compare the selling prices for each sold property to it's last
listing price. The farther the average sold price/list price ratio
moves from full price, the more tilted towards a buyer's market
it likely is. This
graph shows the single family properties sold over the last five years
in Brookfield charted by that ratio. Again I've applied a polynomial
trendline to try and show how the average
has moved. Click the image
at left to load it full size and for
additional commentary.
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If
you are looking
for a knowledgable Realtor for help buying or selling real estate in
Brookfield or anywhere in the metro Milwaukee area... Call me at
(262) 784-6000 for a free no-obligation discussion of how I can help.
Thanks, Tim.
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Copyright
© 1996-2009 Tim VanderWoude - All Rights Reserved
Tim Vander Woude ( tim@timvw.com)
RE/MAX Realty 100 Metro Milwaukee
- 400 N. Executive Drive #100, Brookfield WI 53005
Office Direct: (262)
784-6000 (Last updated January 13, 2009)
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