Updated 11 months ago on . Most recent reply
Market trends: May was red, June feels better
Milwaukee has been one of the hottest markets in the US in 2025 - until May. I am just going over the numbers for my June Update and we have probably seen the biggest single months shift in a decade. All major KPI's went red:
- home price increase went for 11% to 0.3%
- inventory exploded up 53%
- home sales are down by over 40%
- list prices are down, but sold-to-list ratio is still at 103.2%: that is a total conundrum!!
We rarely ever see a double-digit % change in a single month, let alone this scale! And from all months this is happening not in November, but in May - the #1 spring market month. The interesting thing is that June feels already much better, actually the last 2 weeks. All our agents reported the same thing at the team meeting on Monday - they went from very low activity to hair-on-fire-busy.
What is happening?
- Marcus Auerbach
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- 262 671 6868
Most Popular Reply
@Marcus Auerbach
Sounds like buyers hit pause in May—likely due to rate spikes or market uncertainty—causing a sharp dip. But the sudden June rebound suggests it was a temporary shock, not a trend. Market's correcting fast!