ABC News Good Morning America recently named Madison, WI one of the top 10 places in the country to buy a home. The following statistical data was provided as positives for the Madison WI housing market:
- Median Home Value: $207,600, down 4% from a year ago.
- Property values are flat compared with five years ago.
- Houses cost an average of $113 per square foot.
- Buyers are paying 3% less than listing price.
As always, such statistics have to be taken with a grain of salt as they are based on a very broad area (in recent years Madison has been expanding in several directions at a rapid clip). It is also important to note that Madison, WI is comprised of a wide diversity of different neighborhoods, North, South, East, West, and downtown,…