Thinking of selling your condominium? Your condo may be worth much more than you think. Right now there are more condo buyers than there are condo sellers, and prices are on the rise. Here's a quick rundown of the condo market in the greater Madison area.
Verona Condo Market
Verona condos have become a relatively rare quantity. As of this post there are only seven Verona condos on the open market, and six of those condos have an accepted offer. The average condo price in Verona rose by more $20,000 in 2016.
Middleton Condo Market
The average price for a Middleton condo rose by an even greater amount. In 2016 the average jumped by more than $36,000.
Fitchburg Condo Market
In Fitchburg, the average increased by more than
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Home supply in the Madison area is low and the demand for housing is booming, yet home building levels have been flat for the last 4 years. So why aren't more homes being built in Madison and Dane County? One industry expert recently shared his insights with me (see below).
Do you need to sell your current home in order to buy another? Are you wondering how you can compete against other buyers who don't have a home sale contingency? Do you feel overwhelmed by the tasks in front of you?
In the month of December our real estate team helped 3 different clients sell their home and buy a new home on the same day. As you'll see below, each client took a unique approach to making their home purchase happen. The common element among all 3 clients was each one worked proactively to implement a specific, well-thought-out plan. See below to learn how each client sold one home in order to buy another.
Our real estate team is moving in a great direction. Every agent on the team is growing their business and receiving awesome client feedback. Now we're rolling out a plan that builds on this momentum and ensures a prosperous career for everyone on the team. The plan helps each new agent get off to a successful start, enjoy a great career, and even fund their retirement. Below is the road map for our team going forward.