Dane County condo buyers were very active in the month of June as local condo prices continued to rise. Here's our latest snapshot of the Madison area condo market:
Accepted offers were up big-time in the month of June.
A total of 205 condo contracts were written in June, which was up 23% from last year. On a year-to-date basis, accepted offers are down by 1% from the first 6 months of 2019.
This chart shows accepted offers by week. As the graph shows, new contracts decreased significantly in April, and then started trending higher in May and June.
Condo prices rose once again in June.
The June price per square foot was the highest on record.
Condo sales increased by 8% in June.
Madison area condo sales were lower by…