The number of home sales, and the prices that those homes sold for, fell throughout southeastern Wisconsin in 2008, according to MLS data released by the Greater Milwaukee Association of Realtors.
Home prices fell in every southeastern Wisconsin county, except for Ozaukee County, in 2008:
- Milwaukee, $169,737, down 12 percent compared to $192,844 in 2007.
- Kenosha, $189,965, down 5 percent compared to $200,836 in 2007.
- Ozaukee, $315,871, up 1.7 percent compared to $310,535 in 2007.
- Racine, $174,744, down 4.8 percent compared to $183,651 in 2007.
- Sheboygan, $162,021, down 1.5 percent compared to $164,432 in 2007.
- Walworth, $283,650, down 5.7 percent compared to $301,027 in 2007.
- Washington, $218,492, down 5.4 percent compared to $231,052 in 2007.
- Waukesha, $283,833, down 5.9 percent compared to $301,688 in 2007.
The number of homes sold in each county were down in 2008, according to the MLS data.
In Milwaukee County home sales were down 15 percent (from 9,580 in 2007 to 8,145 in 2008). In Kenosha County home sales were down 22 percent (from 2,110 to 1,641). In Ozaukee County sales were down 24.6 percent (from 1,127 to 849). In Racine County sales were down 18.7 percent (from 2,249 to 1,829). In Sheboygan County sales were down 19.8 percent (from 1,292 to 1,036). In Walworth County sales were down 32 percent (from 1,426 to 969). In Washington County sales were down 24.5 percent (from 1,730 to 1,307). In Waukesha County sales were down 20.4 percent (from 4,794 to 3,818).