Homes sales in Dane County more than double

December 18, 2009

"Dane County Home Sales More Than Doubled in November From Year Ago"
Madison Capital Times (WI) (12/16/09) Novak, Bill

South Central Wisconsin MLS data shows that Dane County home sales soared 111 percent last month compared to November 2008 as buyers scrambled to get their homes purchased before the federal tax credit incentive was to have expired. The year-over-year sales gain marked the fifth consecutive month in which Dane home sales were better in 2009 than in 2008. As a region, South Central Wisconsin home sales jumped 81.7 percent in November versus the same month a year earlier. Nevertheless, the number of homes for sale lags behind 2008, with 4,336 homes on the selling block as of Nov. 30 in Dane County — an 11.8 percent decrease. It should be noted that almost 60 percent of the residences available for sale in south central Wisconsin were priced under the $200,000 mark.

Taken from the Realtor Newswire Weekly put out by The Wisconsin Realtors Association.

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