10 reasons why Madison area real estate prices will continue to rise in 2024

Posted by Dan Miller, REALTOR on Tuesday, December 5th, 2023 at 5:26am.

A little bird told us that prices will continue to rise in 2024, and here are the 10 reasons it gave us.

why Madison real estate prices will rise

Why Dane County real estate prices will continue to rise

#1) Dane County’s rapidly-growing population 

#2) Our region’s continued economic growth

#3) Madison’s national reputation 

#4) Climate migration to the Madison area

#5) Significant pent-up demand from motivated buyers 

#6) Fewer people choosing to sell 

#7) A limited supply of new construction homes 

#8) A low supply of new construction condos

#9) Historically low levels of foreclosures  

#10) Rising costs for new construction  

Contact one of our full-time professionals for more insight into the 2024 market. We’re here to be a resource for you and help you plan for your future -- and never with any sales pressure or spin. 

This article is published courtesy of:
Dan Miller, REALTOR
Mad City Dream Homes & RE/MAX Preferred
1619 Monroe Street #1, Madison, WI, 53711

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