Dane County house costs higher as soon as once more in October, despite the fact that via smaller quantities than in earlier months. 

Dane County house costs

On a year-over-year foundation:

• The cost consistent with sq. foot higher from $218 to $228 (4 %). 
• The common higher from $470,079 to $482,742 (3 %). 
• The median worth was once even at $415,000. 

In the course of the first 10 months of the yr:

• The cost consistent with sq. foot higher from $213 to $225 (5 %). 
• The common higher from $467,547 to $498,938 (7 %). 
• And the median higher from $415,000 to $439,554 (6 %). 

New listings

Costs stay top as a result of checklist job stays low. Best 379 Dane County houses have been indexed on the market within the month of October, which was once the bottom on document for the month. 

Energetic listings

Consequently, to be had listings (the ones with out an authorised be offering) are operating low, as smartly. Best 570 Dane County houses (or 1.5 months of provide) have been to be had on the market on November fifth. That is reasonably above the to be had checklist totals from every of the remaining two Novembers, however it is nonetheless a long way too low to house the call for for actual property within the Madison space.

Accredited gives

Contract signings proceed to pattern decrease because of a loss of new listings. Best 369 listings went underneath contract remaining month, which was once the bottom general for any month of October since 2013. 

Keep tuned for the remainder of marketplace replace, coming actual quickly…

1619 Monroe Boulevard #1, Madison, WI, 53711