Madison, WI Condo Market Trends-October 2015
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The Madison Wisconsin Condo Market is a Seller's Market. Buyer demand is high, with condos selling much more quickly than in the past.
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Madison, WI Condo Market Trends-October 2015
- 1. Madison Wisconsin Condominium Market Trends OCTOBER, 2015 Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071
- 2. The Madison Condo Market A Quick Overview Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071 Buyer Demand is HIGH Inventory is LOW for $250,000 & Under (Madison has a shortage of affordable condos) Most Madison Condo Listings are SELLING Rather than Expiring Condos are Selling Much More QUICKLY than in Years Past It’s a SELLERS’ MARKET in Many Price Categories
- 3. Madison Condo Sales: Oct, 2015 2nd Highest Total on Record Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071
- 4. Madison Condo Accepted Offers: 5th Highest October on Record Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071 Expect Good Closing Totals in Nov, Dec
- 5. October New Condo Listings: Historically Low (Benefits Sellers) Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071
- 6. Nov Madison Condo Supply Under $250K: Approx 2 Mos Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071 Under $250,000 STRONG SELLERS MARKET
- 7. October Expired Condo Listings Lowest in Madison Since 2003 Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071 Sign of a SELLERS MARKET
- 8. Madison Condo Expiration Rate Lowest October since 2000 Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071
- 9. Madison Condo Days on Market: Historically Low in October Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071
- 10. YTD Madison Condo Prices: Down Slightly from Last Year Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071 * Market is Strongest in the Lower Price Ranges
- 11. For More 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