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Metro Milwaukee home sales rise for 5th straight month

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Metro Milwaukee home sales rise for 5th straight month


Home sales in the four-county metro Milwaukee area were up 9% in May, the fifth straight month of year-over-year increases, according to the latest report from the Greater Milwaukee Association of Realtors.

Listings of homes for sale in the area during May were up 13.8% year-over-year, the 10th month in a row of increased listings.

“Listings coming on the market are not lingering, they are being (sold) quickly because of high demand,” the GMAR report states.

The average sale price for a home in the metro Milwaukee area in May was $417,079, a 3.5% increase, according to the report.

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The metro Milwaukee housing market continues to favor sellers, the GMAR report indicates.

“Often, when listings increase prices will moderate because buyers have more options and can take their time before making an offer. Today’s market, however, would need several thousand more listings to achieve that kind of equilibrium,” the report states. “Not only are a lack of listings for existing homes a cause of price pressure, but a lack of new construction is a chronic problem that has endured for years.”

However, home construction in the area is picking up. Through April, 644 new home construction permits were pulled in the four-county area, a 52% increase from a year ago, according to GMAR.

“Good news but well below the production level needed to meet demand,” the GMAR report states. “New construction would normally add 3,000 to 4,000 units to the market annually, but that market segment has been down by about 50% since the Great Recession.”



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Milwaukee, WI

Milwaukee Wave learns its opponent for MASL championship series

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Milwaukee Wave learns its opponent for MASL championship series


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  • The Milwaukee Wave will face the San Diego Sockers in the Major Arena Soccer League championship series.
  • The Wave will host Game 1 on Wednesday, April 22, with the series then moving to California.
  • Milwaukee advanced to the finals after eliminating the Baltimore Blast.

The Milwaukee Wave had been in the awkward position of trying to sell tickets to the MASL championship series without knowing when it would actually host a game.

The questions were answered late April 19, when the San Diego Sockers beat the St. Louis Ambush in the other semifinal in overtime. Their series didn’t even start until four days after the Wave eliminated the Baltimore Blast with victories in a regulation Game 2 and knockout Game 3 at the UWM Panther Arena.

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Now the finals are set for two of the most decorated teams in arena soccer.

The Wave will host Game 1 at 6:35 p.m. Wednesday, April 22 and then the series will finish at the Frontwave Arena in Oceanside, California, with Game 2 at 9:30 p.m. April 24 and a potential Game 3 at 9 p.m. April 27.

Three versions of the Sockers have totaled 16 championships in various indoor league with the latest iteration founded in 2009 owning six of those. The Wave has seven.

First-year Wave head coach Marcio Leite has won titles with both franchises.

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Milwaukee, WI

One person injured following early Sunday morning shooting in Milwaukee

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One person injured following early Sunday morning shooting in Milwaukee


MILWAUKEE — The Milwaukee Police Department is investigating a shooting that occurred on early Sunday morning on the 4900 block of W. Capitol Drive that left one person injured.

An 18-year-old sustained non-life-threatening injuries and was transported to a local hospital for treatment.

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The police is currently looking for an unknown suspect at this time.

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Those with information regarding the shooting are encouraged to contact the Milwaukee Police at (414) 935-7360 or contact Crime Stoppers at (414) 224-TIPS or P3 Tips to remain anonymous.


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Milwaukee boy critically missing, last seen near Teutonia and Kiley

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Milwaukee boy critically missing, last seen near Teutonia and Kiley


The Milwaukee Police Department requested the public’s help to find 11-year-old Sir’Charles Bason, a critically missing boy who was last seen near Teutonia and Kiley at around 6:20 p.m. on Saturday, April 18.

Police described Bason as 4 feet, 5 inches tall with a slim build, brown eyes and black, low-cut hair. He was last seen wearing a gray jacket with green lines, dark-colored jeans, tan sandals and carrying gray Nike Jordan shoes.

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Anyone with information on Bason’s whereabouts is asked to call Milwaukee Police District 4 at 414-935-7242.

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The Source: The Milwaukee Police Department released information.

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