Madison Real Estate Market Conditions & Reports, Madison Market Trends, Wisconsin

Market Commentary Provided by Top Agent
Madison, our state's Capitol, is always a solid residential and investment market due to the job stability and economic strength created by the Wisconsin legislature as well as the University of Wisconsin and several national employers like Kraft Foods and Cuna Mutual Insurance Group.

Report Date

Fall 2009

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Nearest Metro Area

Madison

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

90-120 Days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$250,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 0-5%

Prices As % of Asking Price

90-95%

Multiple Offers?

Greatest Activity

Move-Up Buyers

Buyer Activity for the past 90 days in Madison is

Seller Activity for the past 90 days in Madison is

Is Financing Available For Qualified Buyers in Madison?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

In Madison today, the near West Side and Westmoreland areas are always hot. Also, the Schenk's Corner and Orton Park areas on Madison's East Side are strong.

Reason to Buy/Sell

Population Growth

Average Sold Price

$250,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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