November 2015 Madison WI Condo Market Trends: The Madison condo market continues to be a sellers' market for condos priced under $250,000. Our report covers the latest data for Madison condo prices, condo supply, accepted offers, listing expiration rates, and more.

1. Madison Wisconsin
Condominium
Market Trends
NOVEMBER, 2015
Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071

2. The Madison Condo Market
A Quick Summary – Nov, 2015
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
 Buyer Demand is STRONG
 Inventory is VERY LOW for $250,000 & Under
(Madison has a lack of affordable condo supply)
 More Madison Condo Listings are SELLING Rather
than Expiring
 Condos are Selling at the Fastest Pace on Record
 It’s a clear a SELLERS’ MARKET for condos priced
under $250,000

3. Madison Condo Sales: Nov, 2015
3rd Highest Total on Record
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Homebuyer Tax Credit

4. Madison Condo Accepted Offers:
Lowest in 4 Years
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
* We believe new TRID rules have had a temporary cooling effect on
AOs. Expect AOs to rebound as lenders & consumers adjust.

5. November New Condo Listings:
Historically Low (Good for Sellers)
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
* A low number of fresh
listings is limiting supply &
benefiting sellers.

6. Dec Madison Condo Supply
Only 2.7 Months of Inventory
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Under $250,000
GREAT SELLERS MARKET

7. November Expired Condo Listings
Historically Low
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Sign of a
SELLERS MARKET

8. Madison Condo Expiration Rate
Remains Historically Low
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Sign of a
SELLERS MARKET

9. November Condo Days on Market:
Lowest for any November on Record
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Sign of a
SELLERS MARKET

10. Madison Condo Prices:
Have Risen 8 of Last 12 Months
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071

11. For More Condo Market Information
Check out our Monthly Report on the
Madison Wisconsin Condo Market:
MadCityDreamHomes.com/madison-condo-report.php
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Dan Miller
• 608-852-7071
• dan@madcitydreamhomes.com
Chris Venden
• 608-279-7852
• chris@madcitydreamhomes.com
Tammy Steiner
• 608-290-1059
• tammy@madcitydreamhomes.com