Home sales in Dane County are up for the fourth month in a row: 3.3% higher than last October. South Central MLS-wide, October sales are up 2.1% over last year. Year to date, the sales gap in between 2010 and 2011 is narrowing, going from being 20.6 behind in June to just 6.4% off now.
Sales are up, what about prices?
Median home sale prices in Dane County are virtually the same as last year at $206,000. SCWMLS-wide, the median sales price is down 3.8%. Half of the 9,559 homes for sale in the South Central MLS are priced between $120,000 and $300,000. There are more than 2,000 homes for sale that are priced below $100,000. For those looking for real estate in the range of $1,000,000 and up, there are over 100 million dolar+ single family homes to choose from currently, plus six million dollar + condos.
Web traffic at firstweber.com up 20%
With prices and rates low, now may be the time to get serious about finding a new home. More people may be realizing that…web traffic at firstweber.com the last 30 days is up 20% over the previous 30 days. See what is available in your price range now at firstweber.com.
Here’s a year-to-date look at real estate in the various counties within the South Central MLS.
|County||YTD 2011||YTD 2010||YTD 2009|
|median sale price||$130,000||$144,900||$145,000|
|median sale price||$206,000||$205,726||$204,000|
|median sale price||$99,950||$113,500||$117,000|
|median sale price||$85,500||$99,750||$105,000|
|median sale price||$123,000||$128,950||$127,000|
|median sale price||$115,000||$139,000||$125,000|
|median sale price||$92,000||$104,000||$115,000|
|Median sale price||$128,500||$143,500||$140,250|
|Data courtesy of SCWMLS||Sales reported as of 11/1/2011|
For specific communities, please contact a First Weber agent for details. For information on sold properties and sold prices, use our sold property search function. Free registration may be required for some areas due to MLS rules.
Still thinking about it?
Here’s what The Wall Street Journal and Forbes have to say about buying a home:
“It’s an excellent time to buy a house, either to live in for the long term or for investment income… Houses aren’t the magic wealth creators they were made out to be during the bubble. But when prices are low, loans are cheap and plump investment yeilds are scarce, buyers should jump.” Read the rest of the WSJ article “It’s Time to Buy That House”
From the blog for WSJ, marketwatch.com: “Now could be the best time in history to buy a home.”
To begin your search for Wisconsin real estate for sale, please start with firstweber.com and thank you for reading the First Weber Wisconsin real estate & Wisconsin Living blog.