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Tuesday, November 5, 2024

Rising home prices in Wauwatosa in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Wauwatosa rose by $12,650 while total sales decreased by 0.8%, according to BlockShopper.com.

From July through December of 2017, there were 657 homes sold, with a median sale price of $226,000 - a 5.9% increase over the $213,350 median sale price for the same period of the previous year. There were 662 homes sold in Wauwatosa in the second half of 2016.

The median sales tax in Wauwatosa for the most recent year with available data, 2017, was $5,141, approximately 2.3% of the median home sale price for the second half of 2017.

The following table compares Wauwatosa to other Milwaukee County cities with similar median sale prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
River Hills262218.2%$599,950$674,500-11.1%
Whitefish Bay216259-16.6%$360,000$350,0002.9%
Bayside6584-22.6%$310,800$280,00011%
Shorewood917423%$301,000$312,500-3.7%
Fox Point13711915.1%$295,000$282,5004.4%
Wauwatosa657662-0.8%$226,000$213,3505.9%
Franklin460539-14.7%$222,248$210,8005.4%
Greendale177201-11.9%$210,000$190,00010.5%
Oak Creek341401-15%$205,000$200,0002.5%
Hales Corners12010316.5%$204,500$204,5000%
Glendale2372360.4%$177,000$185,000-4.3%

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