Luxury Sales in Milwaukee have seen a slower than average fall market. Homes over $500,000 in Milwaukee County represent just 2% of the overall marketplace and require a well thought out and sophisticated marketing plan to be successful in selling this portion of the market. In Milwaukee County, for homes $500,000 and above, Powers Realty Group represents 14% of the market share in this category with a total of 86 Buyers and Sellers who have successfully sold their luxury home with our small boutique company from 1-1-2014 through today.
For the last two years, Powers has consistently produced better results than our competitors for Milwaukee's Luxury Market. Powers Realty is delighted with the findings for Milwaukee County and strives to produce these results for the surrounding communities. We recently opened up a second location in Mequon, so we dug into our overall performance in other counties. Naturally, we choose to exam our performance in Ozaukee County to see how we were performing in Mequon and the surrounding area.
When Powers included Ozaukee County into our research we were amazed to see the progress our boutique firm had made in just a short period of opening our second location. When Powers Realty Group combined Milwaukee and Ozaukee Counties numbers to exam our results, we were amazed with the results that Powers Realty Group produced. In the two counties combined from 1-1-2014 through today for properties listed and sold over $1 Million Dollars, Powers Realty Group's Office represents 13.93% of the sold closed business in sales over 1 Million Dollars and is the top office for sold closed business 1 Million Dollars and over in both counties combined. This represents 20 buyers and sellers who have successfully sold their million dollar home with Powers Realty Group, Inc. in the last two years.
This statistic represents Powers Realty Group as the #1 Office in Milwaukee County for sales over $500,000 and #1 Office in sales $1 Million and over in both Milwaukee and Ozaukee County. ( MLS 1-1-2014 thru 11-16-2015)
For a 4-year-old, 30-agent company, these are stellar results. Powers Realty Group is so proud to represent Milwaukee's High End Luxury Market. We are grateful every day to serve you and help you in the sale of your home. Please let us know what we can do to improve your selling outcomes. You can reach anyone of our very accomplished agents daily at 414-963-0000.
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