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Q3 2023: Waukesha County Real Estate Market Report

Here is your Waukesha County real estate market update for July through September 2023. It includes accurate real estate information for single-family homes, condos, vacant land, multi-family homes, and commercial properties in Waukesha County, Wisconsin.

This Waukesha County Real Estate Market Update Provides:

  • How many houses sold
  • How many homes are for sale
  • Average list price and sold price
  • How many days properties are on the market
  • AND MORE!

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. Hint: It’s probably not the same as what the news and your chatty neighbor are saying.


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

waukesha-county-real-estate-market-update-oct-2023-remax-shine-realty

Above is a snapshot real estate report for single-family homes in Waukesha County, WI from July through September 2023. The arrows indicate how third quarter real estate compares to the second quarter in Waukesha County.

Next, let’s dive into each real estate category deeper to better understand what’s on the market and what’s successfully selling for condos, lots & acreage, multi-family properties, and commercial real estate.

All data below is from the MLS 10/2023.

Single Family Homes in Waukesha County, WI

# New Homes Listed1,199
Total # Homes on the Market648
Average Days on Market for Active Homes46
Average List Price of Houses For Sale$674,461
# Single-Family Houses Sold1,067
Average Sold Price$562,408
Sale Price / List Price Ratio101%
Average Days on Market for Sold Homes15

Condos in Waukesha County, WI

# New Condos Listed352
Total # Condos on the Market229
Average Days on Market for Active Condos83
Average List Price of Condos For Sale$463,566
# Condos Sold267
Average Sold Price$366,553
Sale Price / List Price Ratio103%
Average Days on Market for Sold Condos22

Multi-Family Properties in Waukesha County, WI

# New Multi-Family Units Listed22
Total # Multi-Family Properties on the Market14
Average Days on Market for Active Multi-Family Properties55
Average List Price of Multi-Family Homes For Sale$485,528
# Multi-Family Houses Sold20
Average Sold Price$351,689
Sale Price / List Price Ratio103%
Average Days on Market for Sold Multi-Family Properties10

Lots & Acreage in Waukesha County, WI

# New Lots/Acreage Listed130
Total # Land Listings on the Market300
Average Days on Market for Active Lots55
Average List Price of Land For Sale$325,548
# Lots & Acreage Sold64
Average Sold Price$234,661
Sale Price / List Price Ratio90%
Average Days on Market for Sold Land151

Commercial Real Estate in Waukesha County, WI

# New Business/Commercial Listed19
Total # Commercial Properties on the Market40
Average Days on Market for Commercial Properties169
Average List Price of Business Properties For Sale$520,847
# Business Properties Sold9
Average Sold Price$476,555
Sale Price / List Price Ratio99%
Average Days on Market for Sold Business Properties51

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