fitchburg real estate update: sept & oct, 2016

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Fitchburg WI Real Estate Market Trends Single Family Homes Updated for September and October, 2016 All Data Sourced from the South Central WI MLS Compiled by Dan Miller and MadCityDreamHomes.com Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071

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Page 1: Fitchburg Real Estate Update: Sept & Oct, 2016

Fitchburg WI Real Estate

Market Trends

Single Family Homes

Updated for September and October, 2016

All Data Sourced from the South Central WI MLS

Compiled by Dan Miller and MadCityDreamHomes.com

Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071

Page 2: Fitchburg Real Estate Update: Sept & Oct, 2016

Fitchburg – Sept & Oct, 2016

Single Family Home Market

Dan Miller, RE/MAX Preferred

www.MadCityDreamHomes.com (608)-852-7071

New Listings are in SHORT SUPPLY.

There is a SHORTAGE of Single Family

Home Listings Under $350,000.

Day on Market are the LOWEST ON

RECORD

Fitchburg Single Family Home Prices

are the HIGHEST ON RECORD

Page 3: Fitchburg Real Estate Update: Sept & Oct, 2016

A Note About The

Fitchburg Real Estate Market

Dan Miller, RE/MAX Preferred

www.MadCityDreamHomes.com (608)-852-7071

Depending on Location, Fitchburg Properties are Zoned to one of 3 Different School Districts: Madison, Oregon, Verona

School Assignment Can Have a Big Impact on Local Market Conditions

It’s Important to Know How School Assignment Can Affect the Market in Your Neighborhood

Page 4: Fitchburg Real Estate Update: Sept & Oct, 2016

Fitchburg HOME Sales thru Sept

Lower Due to Low Inventory

Dan Miller, RE/MAX Preferred

www.MadCityDreamHomes.com (608)-852-7071

Page 5: Fitchburg Real Estate Update: Sept & Oct, 2016

New Fitchburg HOME Listings

Through Sept: LOWEST Since 2001

Dan Miller, RE/MAX Preferred

www.MadCityDreamHomes.com (608)-852-7071

Page 6: Fitchburg Real Estate Update: Sept & Oct, 2016

Oct Fitchburg HOME Supply

VERY LOW Under $350,000

Dan Miller, RE/MAX Preferred

www.MadCityDreamHomes.com (608)-852-7071

Inventory Shortage

Under $350K

Page 7: Fitchburg Real Estate Update: Sept & Oct, 2016

Fitchburg 2016 Expired Listings

Lowest on Record through Sept

Dan Miller, RE/MAX Preferred

www.MadCityDreamHomes.com (608)-852-7071

Indicates a

Seller’s Market

Page 8: Fitchburg Real Estate Update: Sept & Oct, 2016

Fitchburg Listing Expiration Rate

Lowest Ever through September

Dan Miller, RE/MAX Preferred

www.MadCityDreamHomes.com (608)-852-7071

Another Sign of

a Good Seller’s

Market

Page 9: Fitchburg Real Estate Update: Sept & Oct, 2016

Fitchburg Days on Market

HOMES Selling Faster Than Ever

Dan Miller, RE/MAX Preferred

www.MadCityDreamHomes.com (608)-852-7071

45 Days

Lowest on Record

Page 10: Fitchburg Real Estate Update: Sept & Oct, 2016

Fitchburg 2016 Home Prices

Highest on Record through Sept

Dan Miller, RE/MAX Preferred

www.MadCityDreamHomes.com (608)-852-7071