The REALTORS Association of South Central Wisconsin reports an increase in sales activity in every county in its reporting area in May, 2009. Dane County saw an especially nice rise of 36.7%. A rise in sales is typical at this time of year - but this year's increase of over 36% beats the 23.3% increase Dane County saw in 2007 during the same time frame.
Sales prices have declined, but much less than nationally. In 2007, Dane County's median sales price was $210,000. This year it is $202,000. With the current market attractive to the first time home buyer ($8,000 tax credit which expires by December 1, 2009) a decrease in average sales price may mean more activity in the lower end of the market.
There are currently almost 11,000 single family homes for sale in The South Central Wisconsin MLS. The average list price is $255,000.
There are just over 3,000 condos for sale in South Central MLS with an average list price of $215,000.
Homes are selling in Wisconsin. During the month of May, 2009 131 0-2 Bedrooms homes sold; 554 3 bedrooms homes sold; 265 4+ bedrooms homes sold and 169 condos were sold. There is still a great amount of inventory available.
If there are additional statistics you are looking for in another county or city, please send us a questions or a comment. First Weber and firstweber.com cover the vast majority of Wisconsin and certainly have access to a wide variety of information. We'd be happy to help.
If you'd like to search real estate, naturally we'd suggest firstweber.com. Not only because it is our website - if you want the most Wisconsin listings, it is one of the Wisconsin real estate websites with the most. Hope you pay us a visit.
