Saturday, January 01, 2011

Downtown Milwaukee Condo Market | Results for 2010

In 2010, transactions involving 305 condominium units in Downtown Milwaukee and the surrounding neighborhoods closed. Here's how your neighborhood performed:


Bay View

Total Units Sold: 9
2010 Average Sold Price per Square Foot: $130.02 (Range: $84.57 - $174.62)
2009-2010 Change: - 2.24%


Brewers Hill (Including Beerline)

Total Units Sold: 37
2010 Average Sold Price per Square Foot: $160.61 (Range: $29.22 - $244.12)
2009-2010 Change: + 23.52%


East Town

Total Units Sold: 68
2010 Average Sold Price per Square Foot: $213.09 (Range: $99.29 - $367.11)
2009-2010 Change: - 11.13%


Halyard Park

Total Units Sold: 2
2010 Average Sold Price per Square Foot: $126.04 (Range: $119.70 - $132.38)
2009-2010 Change: Not Available (No Sales Data For Calendar Year 2009)


Lower East Side

Total Units Sold: 87
2010 Average Sold Price per Square Foot: $171.93 (Range: $81.27 - $300.00)
2009-2010 Change: - 5.29%


Riverwest

Total Units Sold: 11
2010 Average Sold Price per Square Foot: $126.90 (Range: $70.16 - $194.76)
2009-2010 Change: + 25.89%


Third Ward

Total Units Sold: 34
2010 Average Sold Price per Square Foot: $234.12 (Range: $167.70 - $275.36)
2009-2010 Change: + 3.34%


Upper East Side

Total Units Sold: 16
2010 Average Sold Price per Square Foot: $120.79 (Range: $74.88 - $183.76)
2009-2010 Change: - 22.38%


Walker’s Point (Including Fifth Ward)

Total Units Sold: 37
2010 Average Sold Price per Square Foot: $220.31 (Range: $101.99 - $377.63)
2009-2010 Change: - 0.18%


Westown

Total Units Sold: 4
2010 Average Sold Price per Square Foot: $130.32 (Range: $74.29 - $186.00)
2009-2010 Change: - 19.53%


Note: Information based on Metro MLS Data from January 1, 2010 to December 31, 2010.

For more information regarding the downtown condo market contact David Ray at 414.412.7980 or dray@shorewest.com.


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