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Q1 2023: Waukesha County Real Estate Market Report

Below is your Waukesha County real estate market update for January-March 2023. It includes information for single family homes, condos, vacant land, multi-family homes, and commercial properties.

This Waukesha County Real Estate Market Update Provides:

The real estate market is always changing. If you’re considering buying or selling a house, land, or business in Waukesha County, it’s important to have accurate, local data to understand what’s going on in the current real estate market.


How’s the real estate market in Waukesha County, Wisconsin?

Waukesha-County-WI-Real-Estate-Market-Update-Q1-2023-Remax-Shine-Realty

Here’s a snapshot of the market for single-family homes in Waukesha County from January through March 2023.

Next, let’s dive into each real estate category deeper to better understand the market for condos, lots & acreage, multi-family properties, and more. All data below is from the MLS 4/2023.

Single Family Homes in Waukesha County, WI

# New Homes Listed781
Total # Homes on the Market495
Average Days on Market for Active Homes52
Average List Price of Houses For Sale$673,385
# Single-Family Houses Sold540
Average Sold Price$508,128
Sale Price / List Price Ratio99%
Average Days on Market for Sold Homes22

Condos in Waukesha County, WI

# New Condos Listed243
Total # Condos on the Market197
Average Days on Market for Active Condos103
Average List Price of Condos For Sale$478,664
# Condos Sold169
Average Sold Price$353,844
Sale Price / List Price Ratio102%
Average Days on Market for Sold Condos27

Multi-Family Properties in Waukesha County, WI

# New Multi-Family Units Listed20
Total # Multi-Family Properties on the Market7
Average Days on Market for Active Multi-Family Properties34
Average List Price of Multi-Family Homes For Sale$370,485
# Multi-Family Houses Sold16
Average Sold Price$374,712
Sale Price / List Price Ratio100%
Average Days on Market for Sold Multi-Family Properties20

Lots & Acreage in Waukesha County, WI

# New Lots/Acreage Listed100
Total # Land Listings on the Market278
Average Days on Market for Active Lots236
Average List Price of Land For Sale$284,906
# Lots & Acreage Sold41
Average Sold Price$259,141
Sale Price / List Price Ratio93%
Average Days on Market for Sold Land118

Commercial Real Estate in Waukesha County, WI

# New Business/Commercial Listed20
Total # Commercial Properties on the Market42
Average Days on Market for Commercial Properties157
Average List Price of Business Properties For Sale$517,926
# Business Properties Sold13
Average Sold Price$418,236
Sale Price / List Price Ratio90%
Average Days on Market for Sold Business Properties132

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