Dane County home prices edged higher for all 3 of our measures in November, as accepted offers increased and new listings decreased. Here's our deep dive into the November Madison area single family home market. 

Note all of our statistics are sourced from the South Central Wisconsin MLS database. 

Dane County home prices 

November Madison area home prices

• The price per square foot increased from $243 in November of 2024 to $246 in November of 2025, up 1 percent. 
• The median price increased from $470,000 to $479,475, up 2 percent.  
• The average price moved higher from $522,165 to $540,518, up 4 percent. 

Year-to-date home prices through November

• The price per square foot grew from $241 in the first 11 months of 2024

You're a realtor who's interested in joining a real estate team, and you believe you may have found the one. They're promising you an abundance of clients and financial opportunity, and the team leader seems personable and nice. So far everything about this team feels right. 

But wait, who you choose to work with is a big decision that can have a huge impact on your finances and your overall sense of fulfillment. You'll do yourself a favor by slowing down and asking these important questions before you commit to the team: 

6 questions to ask before joining a real estate team

1) How well do the team's values align with your own? For example, if you value a relationship-based approach, does the team value relationships in the same manner as you?

We know your time is precious: life seems to get busier and busier, leaving less time for the things that matter most. At Mad City Dream Homes, we promise to:

• Come to our meetings and appointments well-prepared to use our time together thoughtfully.
• Do the research and follow-up to communicate promptly and accurately.
• Be upfront about special considerations to mitigate unwelcome surprises.
• Recommend a home price that meets your selling goals and timeline.

Reach out if you are interested in learning more about how our team approaches the buying and selling process.

New MLS listings were mixed last month. Here's a quick look at Dane County listing activity for the month of November, 2025. 

Dane County single family homes 

A total of 249 Dane County single family homes were listed for sale in November, down 9 percent from the 273 listed for sale in November of 2024. Note single family home listings are up one percent through the first 11 months of the year, but remain low compared to most other years this century. 

Dane County condos

A total of 86 condos were listed for sale in November, which was up 13 percent from 76 condos in November of 2024. Through the first 11 months of the year, condo listings are up 2 percent from the year before. 

What to expect for 2026

We're forecasting a

This year, the majority of our clients came to us through referrals -- friends recommending friends and family to us. That means everything to us, because it says you believe we'll treat the people you care about with the same honesty and care we've shown you.

Working by referral allows us to do what we love: spending our time helping people navigate one of the biggest decisions of their lives. We get to focus on serving and truly understanding what matters to each client.

As we head into 2026, we want you to know how much we appreciate your trust in us. If someone you care about mentions thinking about buying or selling in the year ahead, we'd be honored if we came to mind. We promise to take care of them the same way we've taken care of you.

We've updated our buyer traffic data from Showing Time for the month of November, 2025: 

Single family homes 

This chart shows the number of showings per listing per month in South Central Wisconsin. Single family home showings in 2025 (the green line) are trending slightly below the number of showings in 2024 (the blue line). Showings per listing dipped from 3.76  in November of 2024 to 3.69 in November of 2025, a decrease of 2 percent.  

Condos

For South Central Wisconsin condos, the decrease in showings is more pronounced. Showings per condo listing dipped from 3.34 in November of 2024 to 2.79 in November of 2025, a decrease of 16 percent. 

The big picture

Dane County single family home inventory is up 14% from the

When it comes to hiring a realtor, or any type of professional, the words "trust but verify" are wise words to follow. But how do you know that the realtor you've been referred to is someone you can trust? Here are a few simple tests that can help. 

6 simple realtor tests

#1) The profile test: When you google the realtor, what do you find online? Has the agent written a professional bio for their website? Does the agent have an up-to-date profile on Zillow, realtor.com, and other sites? 

#2) The review test: As you continue your online research, are you finding plenty of genuine reviews from real clients that affirm the realtor's work ethic, communication skills, expertise, and professionalism? 

#3) The eye test: When you examine the realtor's

We have plenty of real estate insights and views to share with you, so all of the content you see in our newsletters and on our blog will continue to be created by members of our team -- not someone, or something, else. 

Why does this matter? 

First and foremost, writing about real estate keeps us current on all of the latest industry trends. We're better realtors because we're constantly studying and communicating what's going on in the market. 

Another motivation is clarifying our values. When we invest time into articulating our philosophies -- in other words why we do what we do -- we become more clear on the type of professionals we are choosing to be. At the root of it all, we're professionals who choose to serve others and invest in

This year we've been intentional about prioritizing in-person over online interaction, and we've really enjoyed staying in touch with you:

We started the year off with an evening of learning and fun at the Planetarium, and a wildflower plant giveaway with Tend Native Plants. Then gatherings at Garver Feed Mill, Ethical Trade Company, and Drumlin Ridge Winery. And most recently, our Thanksgiving pie giveaway with Just  Bakery. 

Beyond our gatherings, we've heard from many of you seeking advice on home improvement projects and recommendations for contractors to do your work. Of course we're always happy to visit you at your home and help you make a good contractor connection. 

We're looking forward to staying connected and hosting more

The month of November continues to be a very fruitful month for our buyers, even during this Thanksgiving Holiday Week. It's another reminder to us that we are all capable of accomplishing our goals when we work as a team on a shared vision. 

Thank you for trusting us with your real estate dreams and goals. We love our jobs, and we love working with you. Wishing all of you a Thanksgiving Season full of family, friends, and rest.

-- Your friends at Mad City Dream Homes