Let?sWorkTogether.
920 573 70 0 2 | BRANDON@MAHLERSIR COM | BRANDONTYLERRE COM
© 2023 Mah er Sotheby?s International Realty All Rights Reserved The Sotheby?s International Realty trademark is icensed and used with permission Each Sotheby?s International Realty office is independently owned and operated except those operated by Sotheby?s International Realty Inc The Sotheby?s International Realty network fully supports the principles of the Fa r Housing Act and the Equa Opportunity Act This mater al is based upon informat on which we consider reliable but because t has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such Information is obtained from the MetroMLS, deemed rel able but not guaranteed from 07/ 06/ 23 MilwaukeeCounty Market Update SINGLE-FAMILY HOMES & CONDOS | YTD 20 23/ 20 22 What?sYour HomeWorth? Get a complimentary home valuation report via email. It may be worth more than you think! SCAN THE QR CODE TO LEARN MORE! $285,693 AVERAGE SALE PRICE ($267,621 LY) 26 AVERAGE DAYS ON MARKET (29 LY) 0.91 ABSORPTION RATE (0 89 LY) 3,733 NEW LISTINGS (5,150 LY) S I N G L EF A M I L Y H O M E S $250,041 AVERAGE SALE PRICE ($245,482 LY) 33 AVERAGE DAYS ON MARKET (29 LY) 1.08 ABSORPTION RATE (0 89 LY) 836 NEW LISTINGS (1,010 LY) C O N D O S
Current HomeTrends
SEEK OUT SUSTAINABLE OPTIONS
From investment pieces built to last to products created through recyclable and renewable materials,sustainability is no mere trend in the world of interiors,rather, it is the start of an important new era of thoughtful design
Source: homesandgardens com/ interior-design/ interior-design-trends
CURVES AND ARCHES
Sharp angles have been making their way out of homes for a while,starting with upholstery and moving through to surfaces and architectural details
Smooth,rounded edges and curvaceous forms can create a more 'soft' look in a space,helping a room to look and feel more welcoming,relaxing and comfortable
INTERIOR DESIGN TRENDS THAT WILL SHAPE OUR SPACES IN 20 23
LocalSummer Events
FUN THINGS TO DO IN AND AROUND MILWAUKEE THIS SUMMER
MilwaukeeNight Market
The Milwaukee Night Market is a free, outdoor event showcasing a variety of local vendors,performers,and artists The Milwaukee Night Market transforms the heart of downtown into an exciting fusion of all the city has to offer
MORE INFO: mkenightmarket com
TravelingBeer Gardens
The Traveling Beer Garden tours transform parks into temporary beer gardens for twelve days at a time.Restored fire trucks were converted into mobile beer trucks,serving up craft beers, and more
MORE INFO: travelingbeergardens com
JazzInThePark
Jazz in the Park in downtown Milwaukee is the largest weekly free music venue It attracts up to 5,000 people per week
MORE INFO: easttown com/ jazz-in-the-park
920 573 70 0 2 | BRANDON@MAHLERSIR COM | BRANDONTYLERRE COM
Today?sHousingInventory IsaSweet Spot for Sellers
JULY 6, 20 23 | KEEPING CURRENT MATTERS
One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them To help emphasize just how limited housing inventory still is, let?s take a look at the latest information on active listings,or homes for sale in a given month,as it compares to more normal levels According to a recent report from Realtor com: ?On average, active inventory in June was 50 6% below pre-pandemic 2017?2019 levels?The graph below helps illustrate this point It uses historical data to provide a more concrete look at how much the numbers are still lagging behind the level of inventory typical of a more normal market.
It?s worth noting that 2020-2022 are not included in this graph That?s because they were truly abnormal years for the housing market To make the comparison fair,those have been omitted so they don? t distort the data.When you compare the orange bars for 2023 with the last normal years for the housing market (2017-2019),you can see the count of active listings is still far below the norm
WHAT DOES THIS MEAN FOR YOU?
If you?re thinking about selling your house,that low inventory is why this is a great time to do so Buyers have fewer choices now than they did in more normal years,and that?s continuing to impact some key statistics in the housing market For example,sellers will be happy to see the following data from the latest Confidence Index from the National Association of Realtors (NAR):
- The percent of homes that sold in less than a month ticked up slightly to 74%
- The median days on market went down to 18 days, showing homes are still selling fast when priced right
- The average number of offers on recently sold homes went up to 3 3 offers
BOTTOM LINE
When supply is so low,your house is going to be in the spotlight That?s why sellers are seeing their homes sell a little faster and get more offers right now If you?ve thought about selling, now?s the time to make a move.Let?s connect to get the process started.
Source:mykcm com/ blog/ todays-housing-inventory-is-a-sweet-spot-for-sellers
FeaturedListings UNDER CONTRACT UNDER CONTRACT 4259thAve. GRAFTON, WISCONSIN 3 BR | 2 BA | $289,900 Represented the Buyer N2976RipVanWinkleLn. APPLETON, WISCONSIN 3 BR | 2 5 BA | $559,900 Represented the Buyer © 2023 Sotheby?s International Realty All Rights Reserved Sotheby?s International Realty® s a registered trademark and used with permission Each Sotheby?s International Realty office is independently owned and operated except those operated by Sotheby?s International Realty Inc All offer ngs are subject to errors,omissions,changes inc uding price or w thdrawal without notice Equal Housing Opportunity MAHLERSIR COM 2836N.90thSt. MILWAUKEE, WISCONSIN 2 BR | 1 5 BA | $225,000 Listed by BRANDON TYLER UNDER CONTRACT NEWLY LISTED & UNDER CONTRACT NEWLY LISTED & UNDER CONTRACT 4849W.CanvasbackCir. APPLETON, WISCONSIN 3 BR | 3 BA | $450,000 Listed by BRANDON TYLER 406E.LafolletteSt. PARDEEVILLE, WISCONSIN 2 BR | 2 BA | $149,900 Listed by BRANDON TYLER
SATURDAY,AUGUST26,2023
MARCUS PERFORMING ART CENTER TERRACE 929 N. WATER ST. | MILWAUKEE, WI
"Dinner In the Alley" is Echelon's premier event to support our spring Meaningful Makeover & Fall Served events held each year to improve the general well-being of the residents during their stay. Join us for an evening of community, connection, and leading the next generation in the fight to end homelessness throughout our city.
dinnerint healley.com
Nothingcomparesto what'snext. SOTHEBYSREALTY.COM © 2023 Sotheby?s International Realty All Rights Reserved Sotheby?s International Realty®is a registered trademark and used with permission Each Sotheby?s International Realty office is independently owned and operated except those operated by Sotheby?s International Realty Inc All offerings are subject to errors omissions changes including price or withdrawal without notice Equal Housing Opportunity
Werecentlymadethedifficult decisiontosellour condoindowntownMilwaukee.Theeasiest decisionwe madewastouseBrandonasour RealEstateAgent tosellour home WewerefortunatetohaveBrandonas our agent whenwepurchasedour condoin2019,soweknewhewasphenomenal.Brandondidanexceptional jobthroughout thesellingprocess,startingwiththeincrediblemarketingvideoandflyerstogenerateinterest Hewasextremelyprofessionalandattentivethroughout theprocessevenwhenfacedwithsomeunnecessary adversityandchallenges If weever purchaseintheareaagain,Brandonwill beour agent!
PATRICK H
I cannot sayenoughgoodthingsabout Brandon Thiswasmysecondtimeworkingwithhimandhemakesthe processofbothbuyingandsellinggososmoothly!Brandonisincrediblythoroughandreallyhasyour best interestsat heart Hemakessuretolookat thesalefromeveryangleandgiveshonest prosandconsofevery property.I wasincrediblyanxiousabout buyinganewhome/sellingmyoldoneandhegavemeatonof confidenceintheprocess Hewillworkincrediblyharduntil thejobisdone Brandonalsohasmany connectionswithintheindustrysoif anythingcomesuponinspectionor thereareconcernswiththe property,heprobablyalreadyknowsofsomeoneor canfindsomeonetoget thingsaddressed Youwon't go wrongchoosingtoworkwithBrandon!
EMILY P
Wewereinatimecrunchtoget our houseonthemarket andsoldasquicklyaspossible.Tostart wedidn't haveanagent andBrandonwasrecommendedbyour buyingagent Hedidaphenomenaljobinpresentingall thefactsandthentheplanof action Wewereabletosellwithintwoweeks Never thought that it wouldbe possiblewiththemarket asit wasat thetime HighlyrecommendBrandontoget your homeSOLD After all that iswhat theendgoalis
KAREN L
Brandon Tyler GLOBAL REAL ESTATE ADVISOR 920.573.7002 brandon@mahlersir com brandontylerre com
