View the current housing market status for the Madison, Wisconsin area. We break it down by home sold and those currently active in our Multiple Listing Service (MLS). This report also features the average home sales price and the type of financing utilized by homebuyers.
The Home Sales Report is updated on a monthly basis around mid-month.
May 21, 2018 | Dane County Real Estate Market Update
Strong buyer demand continued throughout the South Central Wisconsin MLS region. For the month of April, Dane County trailed 2017 sales of single-family homes and condominiums yet year-to-date results were slightly ahead by 3%. Median sale prices are also ahead of 2017, reflecting the strong demand relative to the available supply.
Interest rates continue to be very favorable. The 30-year fixed rate mortgage stood at 4.55% on May 10, 2018 according the Freddie Mac. One year ago, the rate was 4.05%
Properties are desperately needed! Are you considering selling your home? Contact NHMG today for a free no obligation market valuation!