madison wi real estate market-single family homes

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Madison WI Real Estate Update Single Family Homes SEPTEMBER, 2015 Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071

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Page 1: Madison WI Real Estate Market-Single Family Homes

Madison WI Real Estate

Update

Single Family Homes

SEPTEMBER, 2015

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

Page 2: Madison WI Real Estate Market-Single Family Homes

Madison Single Family Market

A Seller’s Market

Dan Miller, RE/MAX Preferred

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

Supply is LOW

Demand is HIGH

Fewer Listings are EXPIRING

Homes are Selling More QUICKLY

Prices are RISING

Page 3: Madison WI Real Estate Market-Single Family Homes

Madison Home Sales:

Highest September in 10 Years

Dan Miller, RE/MAX Preferred

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

Page 4: Madison WI Real Estate Market-Single Family Homes

Madison Accepted Offers:

Highest September on Record

Dan Miller, RE/MAX Preferred

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

Expect Strong October

Closings

Page 5: Madison WI Real Estate Market-Single Family Homes

New Listings:

4th Lowest on Record

Dan Miller, RE/MAX Preferred

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

Page 6: Madison WI Real Estate Market-Single Family Homes

Madison Inventory: LOW

Dan Miller, RE/MAX Preferred

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

Under $350K

VERY LOW

Page 7: Madison WI Real Estate Market-Single Family Homes

Madison Expired Listings

Historically Low Levels

Dan Miller, RE/MAX Preferred

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

Page 8: Madison WI Real Estate Market-Single Family Homes

Listing Expiration Rate

Historically Low Levels

Dan Miller, RE/MAX Preferred

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

Page 9: Madison WI Real Estate Market-Single Family Homes

Days on Market: Historically Low

Dan Miller, RE/MAX Preferred

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

38 Days:

Lowest Since 2004

Page 10: Madison WI Real Estate Market-Single Family Homes

Madison Home Prices: 2nd

Highest September on Record

Dan Miller, RE/MAX Preferred

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

Page 11: Madison WI Real Estate Market-Single Family Homes

Madison Area Housing Starts

3rd Highest in 10 Years

Dan Miller, RE/MAX Preferred

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

Page 12: Madison WI Real Estate Market-Single Family Homes

Madison Area Foreclosures

Lowest Since 2005

Dan Miller, RE/MAX Preferred

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

Page 13: Madison WI Real Estate Market-Single Family Homes

Mortgage Rates

Remain Historically Low

Dan Miller, RE/MAX Preferred

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

Page 14: Madison WI Real Estate Market-Single Family Homes

For More Info:MadCityDreamHomes.com/market-reports.php

Dan Miller, RE/MAX Preferred

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

Dan Miller• 608-852-7071• [email protected]

Chris Venden• 608-279-7852• [email protected]

Tammy Steiner• 608-290-1059• [email protected]