Buying your dream home in this market isn't easy, but it's possible. It becomes probable when you have a good plan and a caring and committed team supporting you. And it all begins with a conversation. 

We love how these Madison homeowners use art and a splash of color to beautify their yard. Our days are a little lighter and brighter when we encounter another person's art :)

Here's our latest insight into the Dane County single family home market, covering the month of July, 2023. 

July Dane County home prices

Madison area home prices continued to rise in July, and by all measures:

• The price per square foot of $225 rose by 6 percent from the $213 in July of 2022.
• The median price of $446,154 also grew by 6 percent.
• And the average price of $505,915 increased by 5 percent. 

We're expecting prices to continue to rise for the foreseeable future based on all of our current supply and demand trends -- keep reading for more insight.

July MLS listings

As the chart below shows, MLS listing activity decreased significantly last summer when interest rates moved sharply higher. And listings have been

Being on a supportive team gives us the luxury to ask for help when we need it. It also assumes that we give generously when a team member, or a team member's client, needs our support. 

Ultimately, being on a team empowers each of us to take better care of our clients, our families, and ourselves. We all lead better lives when we choose to work in community, not competition, with each other. 

We've entered the heart of the summer season, when showing activity subsides from the peak market of the spring. And showings will continue to slow throughout the second half of the year, as they do every year, here in Dane County. 

At the same time it's important to know that prices keep rising in the Madison area, even though buyer activity is slowing. We'll have a lot more to share on this topic, coming to our blog real soon.