Jennifer Zoeller & Michelle Vogds

Cedarburg, WI

Single-Family Homes

The Zoeller Team Abundance Real Estate



Cedarburg, WI

Tue Jul 02 2024
This week the median list price for Cedarburg, WI is $552,450 with the market action index hovering around 53. This is less than last month's market action index of 55. Inventory has decreased to 8. Click here to stay informed with the Cedarburg market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Cedarburg, WI

Tue Jul 02 2024
This week the median list price for Cedarburg, WI is $552,450 with the market action index hovering around 53. This is less than last month's market action index of 55. Inventory has decreased to 8. Click here to stay informed with the Cedarburg market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Cedarburg market.
Median List Price $552,450
Median Price of New Listings $474,900
Per Square Foot $272
Average Days on Market 71
Median Days on Market 53
Price Decreased 63%
Price Increased 0%
Relisted 13%
Inventory 8
Median Rent
Market Action 53
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$707,450 3,012 5 - 10 acres 4 3.3 87 0 1 154
$567,400 2,024 0.25 - 0.5 acre 4 2.5 0 0 0 56
$544,950 2,334 0.5 - 1 acre 4 2.5 21 0 1 21
$467,400 2,035 0.25 - 0.5 acre 3 2.3 100 1 2 52