Middleton Real Estate Market - View Middleton Real Estate Market Trends in Wisconsin

Winter 2012 Market Update If you can qualify, now is an exceptional time to buy a home in Middleton. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 608-347-1098
Average Home Price	$400,000 - View Graph Trend

Average Price Compared to Last Year	Up 0-5%

Average Time on Market	60-90 days

Best Selling Price Range	$300,000 - $349,000

Worst Selling Price Range	$800,000 - $849,000

Prices As % of Asking Price	95-100%

Existing Home Prices for the past 90 days are?	No Change

Market Trend	Decreasing

Buyers’ or Sellers’ Market	Equal buyers and sellers

Buyer Activity for the past 90 days in Middleton is	Increasing

Seller Activity for the past 90 days in Middleton is?	Increasing

Multiple Offers?	No

Multiple Offers Commentary	Some homes are getting multiple offers if they are in great condition and not over priced. Buyers are quite knowledgable and sellers that are aware of trends are able to sell their home with the right marketing plan in shorter timeframes.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	5-10%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	Mortgage rates continue to be in the low 5% range for 30 year fixed mortgages locally. With good credit, buyers are able to find financing through many lenders.

Housing Inventory	Good supply - Some Prices

Inventory Comments	As of 4/12/11 there are 122 single family homes for sale in Middleton with 23 that have offers on them. In the past 12 months we have been averaging about 20 homes selling per month. This pace will pick up heading into the spring market. We are at a 6 months supply which is a balanced market! Homes that are in good condition and priced to the market are getting offers.

Greatest Activity	Repeat Buyers

Reason to Buy/Sell	Job Growth

Nearest Metro Area	Madison

Housing Hot Spots	Most cities within the Dane County area are considered ’Housing Hotspots’. The greater Madison area continues to provide fabulous places for home ownership. Madison is the state capital of Wisconsin with numerous businesses focused on technology, health care, insurance, manufacturing, hospitals and the University of Wisconsin all within minutes to Middleton.

Average Sold Price	$400,000 - View Graph Trend

Middleton Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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