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Madison WI home prices sink to new 5-year low

Posted by Jolenta Averill on Monday, December 6th, 2010 at 5:45pm.

 in madison wi average price for single family homes sinks in oct

 According to the SCWMLS (South Central Wisconsin Multiple Listing Service), in October 2010 the average sale price for single family homes sold in Madison Wisconsin fell to a new 5-year low of $219,014 for the month of October, just barely above the 2010 low of $217,874 which occurred in April 2010. November average price data will be out shortly and we'll keep you updated on whether this trend continues, slows, or changes direction.

For five year charts showing Madison WI single family home sales, as well as average days on market (average DOM), please visit our New! Madison real estate statistics page. Later in the week we'll also have some updated MLS statistics for the Madison WI condo market.

Hi, and welcome to our Madison real estate blog. Whether you're a consumer, journalist or Realtor, we encourage you to share your thoughts by leaving a comment. Here you'll find relevant local and national real estate information, as well as market statistics, insight, and information about a variety of neighborhoods and real estate listings. If you'd like more information about anything in particular, please use the contact form and I'll be happy to help.

Jolenta Averill, Principal
Lake & City Homes Realty
(563) BUY-SOLD

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