Brookfield WI Homes for Sale | Market Report August 2017
Get to know more about the “Edge City” of Brookfield WI!
The City of Brookfield, Wisconsin, is in the heart of the Milwaukee Metropolitan Area. It is 10 miles west of Downtown Milwaukee along Interstate 94, within the third largest county in Wisconsin.
The city has a total area of 27.59 square miles, of which 27.09 square miles is land and 0.50 square miles is water.
With a population of 39,800, the City of Brookfield boasts the fourth highest equalized property valuation. Brookfield also boasts a bond rating of AAA – the highest rating from Moody’s Investors Service.
The area around Brookfield WI was home to the Sac and Potawatomi tribes, but was first ruled by the French. The area came under English control in 1763, after the the French and Indian War.
After the American Revolution, England ceded its claim to the territory to the United States. Brookfield then became part of the Northwest Territory.
Over the years, as new states entered the Union, southeastern Wisconsin was attached to various territories. In 1836, the Brookfield area became part of Milwaukee County in the Territory of Wisconsin.
What is the city of Brookfield WI famous for?
Brookfield possesses a thriving economy and commercial real estate market. Not only does it have six million square feet of corporate office space, it also has five million square feet of existing industrial space. This makes Brookfield WI an excellent choice of cities for business expansions and relocations.
Our community is home to more than 2,000 businesses of which most are services. You’ll also find retail trades, finance, insurance, real estate and manufacturing.
Brookfield WI also has quality neighborhoods that provide high property values. It’s no surprise why people are looking to buy the homes for sale in Brookfield WI.
What’s it like living in Brookfield WI?
Brookfield offers fine dining, shopping, outdoor golf and parks. If you are passionate about arts, The Sharon Lynne Wilson Center located in Mitchell Park is a great place to visit. This Park is Brookfield’s concert hall for the arts.
For some sailing, biking or even golfing, Fox Brook Park is the place to go. This is where you’ll find Brookfield’s main beach. The natural preserves in this area make hiking available too!
Lastly, you can go to Brookfield Square for some shopping.
What home options are available for you in Brookfield WI?
Most of the homes for sale in Brookfield WI are single family homes. They dominate the city’s housing stock, comprising 81.2% of all housing units.
The remaining percentage is composed of condos, duplexes, and apartments.
The majority of homes in the city are above average in size, when measured by number of bedrooms. These homes average more than 3 bedrooms.
Homes for sale in Brookfield WI have higher average values than many surrounding communities. The strong home values reflect the continuing desirability of the Brookfield community.
Want to know more about Brookfield WI? What better way than to talk with me, Kristin Johnston, a long-time resident and real estate professional from Brookfield WI! Find out more about me at www.KristinJohnston.com/about.
Market Report for August 2017
Currently, there are 189 homes for sale in Brookfield WI. The price of the homes ranges from $160,000 to $1,625,000. The living space ranges from 1080 square feet to 9599 square feet.
Homes for Sale in Brookfield WI:
- 189 Homes for Sale — Traditional Sales Average List Price $370,105
- 1 Short Sale Property
- 2 Bank Owned/REO Properties
There have been 77 homes sold in Brookfield WI this August 2017. 9 were listed and sold by the same company, and 68 were sold through a co-broke.
The average days of the homes on the market were 32 days.
Call me or text me, Kristin Johnston, today at 414-254-6647 for your FREE home evaluation.
Click here for the most recent list of horse farms for sale in Brookfield WI
With my extensive knowledge in listing, selling, and buying homes, my hands-on skill of investment properties, and my knowledge of the Waukesha County area, you are sure to sleep well at night knowing that all your real estate needs and concerns are in great hands.