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.
September 12, 2017 | Dane County Real Estate Market Update
Home sales in Dane County finished the summer of 2017 very strong – matching the number of sales reported last August during that record-setting year. This follows a strong month of July and narrows the year-to-date sales gap between 2017 and 2016 to just 2.7%. The entire SCWMLS reported sales up 1.5% for the month and are now only 1.2% fewer year-to-date.
Schools are back into session, summer vacations have ended and the holidays will soon follow. What will the remainder of the year hold for the real estate market? Since 2013, Dane County has averaged 27% of its annual sales during the final 4 months of the year. For the entire SCWMLS region, 30% of the annual sales are yet to come based on that same period. There is plenty of action ahead!