Madison Semi-Annual Real Estate RoundupPosted by Jolenta Averill, Broker on Thursday, July 9th, 2009 at 7:25pm.
The following market summary pertains to single family homes in Madison WI for the first six months of 2009 vs the first six months of 2008:
Listings of single-family homes in Madison were down 12.6% for the period January through June of 2009 vs. the same period in 2008.
Sales of single family homes in Madison were down 14% for the period January through June of 2009 vs. the same period in 2008.
The average sales price for a single family home in Madison from January to June 2009 was $224,572 vs. $247,378 for the same time period in 2008 (down 9.2%).
The average DOM (number of days on market) was virtually unchanged at 79 for the first six months of 2009 vs. 76 days for the same period in 2008.
The above data pertains only to single family homes listed and sold in Madison, WI.
For more information or to request neighborhood-specific statistics, please contact Jolenta Averill at 608.230.5553.
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Jolenta Averill, Principal
Lake & City Homes Realty