As a real estate agent, one of the most common questions we get asked is, “How is the market?” The June numbers are in, and we are here now to give you an update.
We are currently in a seller’s market, meaning sellers have the upper hand. This is measured by our level of inventory, or absorption rate. It’s a measurement of how long (given the numbers of sales over the past year) it would take all the homes currently on the market to sell if no more were listed or expired. A balanced market is around six months of inventory. Right now in Dane County, we only have a 2.37 month supply.
Compared to the end of June last year, this June we had 300 more homes on the market and 74 more homes sold. They are also selling an average of eight days quicker. The average days on market in Dane County is now 52 days.
We are currently in a seller’s market.
Moving onto condos, we have seen 45 fewer condos listed this year, but 50 more have sold compared to last year. The average days on market for condos is also down considerably – about 19 days.
What does this mean? If you’re a seller, you’re at an advantage as long as you price correctly and have the right strategy. For buyers, it’s imperative to set an appointment and do a consultation with your Realtor. For us, we want to listen and find out what your goals are so we can make our motivations match in order to get the home you want. You’ve got to be able to act quickly and decisively in a climate like this.
If you have any questions, give us a call or send us an email. We would love to hear from you.
Welcome home to this beautiful 5- bedroom 2-Story at 539 Fargo Trail, Middleton.
As you enter this fabulous two – story home with finished lower level you are greeted by the formal dining room and
great room. Your great room features a floor to ceiling stone fireplace with a beautiful mantel and built-ins on each side and large windows with custom plantation shutters overlooking your backyard. Open to your kitchen and dinette you’ll find stainless steel appliances, plenty of storage, breakfast bar and granite counters. Off the kitchen is a large laundry and mud room and from your dinette you will access your large composite deck overlooking the back yard. There’s also a wonderful 3-season porch off your great room for those summer days perfect for enjoying company or just relaxing with a good book. To complete your main level living is the master suite with a cathedral ceiling, large window with plantation shutters, master bath with jetted tub, two-sink vanity.
Your open staircase to the second floor leads you to 3 bedrooms and a full bath. Your exposed lower level boasts a large family room with TV & speakers for your own home theater, 5th bedroom, full bath, exercise room and storage!
Close to the Beltline and Middleton in Middleton-Cross Plains schools you’ll love the feel of the countryside yet close enough to the city – the best of both worlds! The back yard backs to University of Wisconsin lands.
For more details on this property or any similar properties please contact
The DaneCountyMarket.com Real Estate Team at 608-852-1035 or click here to search properties.
Welcome to our home at 8861 Sunstone Lane in Middleton, WI!
We bought this house not only as our first home but as a place to start our lives together in Madison. We had been renting for several years but knew we wanted to make the Madison area home so we began looking for houses where we could start our family. It was important to us to find a home that was in a good neighborhood with access to good schools, parks, restaurants, etc.
When our Realtor® brought us to Hidden Oaks we knew we had found what we were looking for. The moment we walked into our house, we knew we were home. It was the right size for us with an open layout on the main floor, all the bedrooms on the upper floor, master on suite, and it was a new construction on a corner lot.
After living in our home for almost seven years now, we have grown to love it even more. We added a stamped concrete patio off the dining room to add some outside entertaining space. We added a small garden area to the south side of the house to grow some seasonal vegetables for summer cookouts. We also love the carriage lane behind the house which turned out to be a great place to hang out with our neighbors and was even home to the neighborhood block party for a few years.
Now that we have one child, and another on the way, we love having the park and the bike/walking paths in the neighborhood as well. It’s a great way to get outside and have some fun without having to pack everything up in the car and head somewhere.
This is a wonderful home and we know you’ll love and enjoy it as much as we have.
To schedule a private tour of this beautiful home in Middleton, WI or other homes in the Madison area, please contact our office at 608-852-1035.
What a better way to introduce our new listing located at Eagle Island View Condominiums than with a letter from the sellers;
Welcome to our home!
We know you’ll love this place as much as we do. We bought this condo as our first home when we were engaged to be married and had just graduated college. We started looking for houses and couldn’t find anything we fell in love with. As we expanded our search to condos, we very quickly warmed up to the idea of not having to maintain a yard or shovel snow with our busy schedules.
As soon as we walked into our condo, we fell in love with the luxurious design. It was the perfect size for us with an open layout, spacious master suite, and had beautiful finishes like the gorgeous granite counter tops and tile in the kitchen and bathrooms.
After living in our home for over five years, we have grown to love it even more. The amazing shared patio is a perfect place to sip on wine and grill steaks while overlooking the Wisconsin River. Even our private patio is perfect to bask in the sun on a summer afternoon and read a book. The building is located perfectly with a grocery store, two restaurants, a bank, a park, and a library, all within walking distance! We are surrounded by great neighbors but also feel that we have enough privacy.
We’ve made many memories in our first home including regular walks around the neighborhood or to the nearby park, puddle jumping with the kids in the parking lot, and planting flowers to display on our private porch every spring. We would often walk to the grocery store to grab a few things, swing by The Blue Spoon for dinner, or even stop by the movie theater for some delicious popcorn. We really loved that we could spend time making memories and not have to worry so much about the “chores” involved with home ownership.
After we started a family, we realized that we would eventually outgrow our beautiful home. After having our second child, we knew it was finally time to move on. It is very bittersweet for us to move on to a different home but we hope you love our place as much as we do!
To schedule a private tour of this beautiful condo, please contact our office at 608-852-1035.
We will be contacting you shortly with information about your home.