madison wi real estate market-single family homes
TRANSCRIPT
Madison WI Real Estate
Update
Single Family Homes
SEPTEMBER, 2015
Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071
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
Madison Home Sales:
Highest September in 10 Years
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Madison Accepted Offers:
Highest September on Record
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Expect Strong October
Closings
New Listings:
4th Lowest on Record
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Madison Inventory: LOW
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Under $350K
VERY LOW
Madison Expired Listings
Historically Low Levels
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Listing Expiration Rate
Historically Low Levels
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Days on Market: Historically Low
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
38 Days:
Lowest Since 2004
Madison Home Prices: 2nd
Highest September on Record
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Madison Area Housing Starts
3rd Highest in 10 Years
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Madison Area Foreclosures
Lowest Since 2005
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Mortgage Rates
Remain Historically Low
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
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]