Heavy Competition for Madison Area Real Estate
Its only February 1st but its already beginning to feel like a Spring market. So far this year 4 of our transactions have involved cash offers. One of our listing clients just received 4 cash offers -...
View ArticleThe Most Important Number in Madison Real Estate
We track a lot of stats each month to stay in touch with the latest real estate trends in Madison. If we were to choose the most meaningful statistic it would be the percent of listings with accepted...
View ArticleMadison Home Prices Up 8 in January
Madison home prices started the year off strong in 2017. The price per square foot reached a record high of $139, up 8 from $129 in January of 2016. Measuring prices in another way (the average...
View ArticleDane Countys Sizzling Real Estate Market
The market this year is playing out as expected. Inventories are historically low. Properties are selling quickly. And prices are rising rapidly throughout Dane County. Heres a quick market snapshot...
View ArticleMadison Home and Condo Prices up Big Time in April
Madison home and condo prices took a big leap in April. Heres a quick look at the April numbers. Home Prices The price per square foot jumped by $22 from April 2016 to April 2017. Thats an increase...
View ArticleMadison Condo Prices up 15 in May
The Madison condo market has been hot all year and prices are on the rise. Prices rose 15 in May based on our price per square foot statistic. The May price per square foot was $143, compared to $125...
View ArticleMadison Home Prices up 12 in May
The Madison single family home market continued to show rapid price appreciation in May. The May price per square foot was $158 which was up 12 percent from $142 per square foot in May of 2016. Prices...
View ArticleBe Wary of Real Estate Headlines
We recently blogged about the shifting summer real estate market, and how buyers and sellers should adjust their expectations accordingly. This confuses some people, because media headlines can lead...
View ArticleMid Year Review of the Dane County Real Estate Market
Through the first half of 2017, the Dane County real estate market is setting new records in a continuation of the trends we shared earlier this Spring. Dane County properties are selling quickly....
View ArticleWhy do we have low inventory?
Realtor.com says Baby Boomers are a major cause of the housing shortage in the US. According to these recently released survey results, Boomers are generally satisfied with their current home and...
View ArticleMadison home and condo prices rise again in July
Home and condo prices rose again in July as the sellers market continued in Madison. Heres a brief market summary for the month of July. Madison Single Family Home Market The price per square foot...
View ArticleRising Inventory in Madison?
In our August real estate update weve noticed an interesting trend in the Madison single family home market: New Madison listings have now quietly increased in 5 of the last 6 months. From March...
View ArticleJust 1.7 months of supply in the Madison housing market
Weve updated our trend reports for the Madison single family home and condo markets, and the major theme continues to be low inventory. As of October 17th, only 1.7 months of supply are available for...
View ArticleExpect low Madison housing inventory for the foreseeable future
We recently noted in our October real estate update that there are only 1.7 months of supply in the Madison housing market. Were expecting more of the same for the foreseeable future, and heres why:...
View ArticleWhy Madison condo prices will continue to rise
Madison condo prices are rising rapidly. As we recently reported in our latest market update, prices are up 13 through the month of October. Thats a huge year-over-year increase - and one thats not...
View ArticleHow common are cash offers in the Madison real estate market?
We recently added a view of the cash buyer market to our monthly home and condo reports - and the results provide some interesting takeaways for both buyers and sellers. Heres a quick summary of our...
View ArticleOur predictions for the 2018 Madison real estate market
This year were getting a jump on our annual predictions for the Madison real estate market. Without further adieu, here our real estate predictions for 2018. (For a look back at last years...
View Article2018 will be another strong year for sellers
Our most recent single family home report shows 2018 is shaping up to be another strong year for sellers in the Madison area. Right now there is only 1 month of home supply in Madison, which is about...
View ArticleThe number one reason you need a good buyer agent in the 2018 Madison real...
Why do you absolutely need a good buyer agent in the 2018 Madison real estate market? The answer comes down to three words: Historically Low Inventory. As our latest home report shows, Madison single...
View ArticleThe spring real estate market is here
Its only February 15th, but the hot Spring real estate market has officially arrived to Madison, Wisconsin. Talk to any local REALTOR and they will tell you that the competition is fierce for a...
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