Here's our latest scoop on the Dane County single family home market. Do you have questions about home values in your neighborhood? Contact your Mad City Dream Homes realtor for a helpful conversation. 

Dane County home prices

This may come as surprise to some: The price per square foot jumped from $191 in October of 2021 to $218 in October of 2022. That's an increase of 14 percent. Year-to-date, Madison area home prices are also up by 14%. This recent blog post offers a closer look at all of the latest home price trends in Dane County.

New MLS listings

One big reason prices remain high is the lack of fresh supply. Only 396 Dane County homes were listed for sale on the MLS in the month of October, which is the lowest total on record for

Congrats to our clients who have enjoyed some very successful sales in the month of October!

• To Kathy M, who received a full-price offer for her westside condo. 
• To Kathy I, who sold her Fitchburg condo for the full list price. 
• And to Ted and Kelsey, who received multiple offers and sold their Madison home for $50,000 above the list.

Thank you Chris and Ann for helping your clients successfully navigate our new and evolving market. We appreciate the personal attention and professional care you bring to every client!

Congratulations to our fall buyers, who are making the most of this new season in real estate:

• To Ted and Kelsey, who purchased their home in Stoughton for $4,900 below the list price. 
• To our client Brenton, who bought his near west side condo for $9,000 below the list. 
• To Chad and Samantha, who purchased their east side home for $10,000 below. 
• To our client, Mason, who bought his move-up home for $14,900 under. 
• And to Dan and Erica, who moved into their dream home in the country for $24,900 under the list. 

All 5 of these stories are great examples of how good planning, local expertise, and skillful negotiation are so beneficial to buyers in today's market. And why having a strong buyer advocate can make all the difference. 

Deep down inside, we all aspire to be productive members of society, to be a contribution to others, and to immerse ourselves in a vocation that allows us to do meaningful work. And thanks to you, we have the opportunity to pursue meaningful work each day. 

With this spirt in mind, we want you to know that we would love to meet with anyone you know who's in search of more meaningful work and who's curious about a career in real estate. Especially if they're a generous, hardworking, and humble person. Based on our experience, it's the generous, hardworking and humble person who tends to thrive in the world of real estate and enjoy a long and fulfilling career. 

Thank you to all of you who give us the opportunity to pursue meaningful work each day. We

How are home prices trending in the Madison area? Here are a few observations which offer some good insight into the Dane County single family home market. 

First, home prices are trending higher at all points along the price spectrum.

Based on our review of the October data, home prices are up significantly at every point along the spectrum. At the lower end, the mid-range, and the high-end -- all price points are trending higher. 

What the data doesn't show.

What these numbers don't show is that buyer demand has decreased noticeably. Because buyer activity has decreased this fall, sellers are experiencing fewer showings and receiving fewer offers. And most important, a greater percentage of sellers are seeing their home sit on the market