Mad City Dream Homes Real Estate Blog, Madison WI

At Mad City Dream Homes, we're dedicated to creating an environment where every agent and every employee is growing and prospering throughout their real estate career. When this happens, everyone wins. Our agents and employees win, because they're thriving in a supportive environment where everyone values collaboration and teamwork. Our clients win, because our team cannot prosper unless we're consistently providing exceptional customer service. And the larger community wins, because we're demonstrating a business can thrive and make a positive impact by always having a servant mindset.

Creating a positive environment for our agents

If you're a relatively new real estate agent who is just joining Mad City Dream Homes, you can expect to progress

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We're always on the lookout for the next great fit for our team! Here are ten great reasons why you should consider a career with Mad City Dream Homes.

10 reasons why you should join Mad City Dream Homes

#1: Growth

You have a passion for real estate, you love serving others, and you want to surround yourself with people who are wired in the same way. You want to work in an environment where you are encouraged to grow personally and professionally throughout your whole career -- through coaching, training, and professional development. 

#2: Balance

You want to make a great living, AND you want to enjoy your life away from work. At Mad City Dream Homes, we believe you should be able to take weekends off and have your vacations, too. When

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It comes down to 3 essential reasons:

#1) Availability: When you work with Mad City Dream Homes, you won’t ever miss out on seeing a property or writing an offer on your dream home. Our entire team is here to give you the support you need, when you need it. 

#2) Shared expertise: You may need help with a price opinion, an offer or negotiation, or solving a challenging problem. We share our collective expertise with you so you always receive the guidance you need to make smart decisions. 

#3) Depth of service: We are by your side and advocating for your best interests throughout your home-buying experience. We attend to every detail for you, and we’re always available to answer your questions that pop up along the way. 

Call us when you're

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Here's our newest look into the Madison area condo market, starting with the price trends for November, 2023. 

Dane County condo prices

Madison WI condo prices Nov 2023

On a year-over-year basis:

  • The price per square foot increased from $208 to $217 (4 percent). 
  • The average price increased from $293,288 to $311,116 (6 percent). 
  • The median price was even at $270,000. 

On a year-to-date basis:

  • The price per square foot increased from $203 to $215 (6 percent). 
  • The average price increased from $299,978 to $333,028 (11 percent). 
  • The median price increased from $267,720 to $300,000 (12 percent). 

New Dane County condo listings

One big driver of high prices is the low supply of new listings. New listings did increase slightly in November, but

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Dane County home prices increased once again in November. Here's our latest monthly update on the single family home market.  

Dane County home prices

Madison WI Home prices nov 2023

Home prices in the month of November:

  • The price per square foot increased by 7 percent compared to November of 2022.
  • The average price increased by 9 percent. 
  • The median price increased by 8 percent. 

Home prices through the first 11 months of the year: 

  • The price per square foot increased by 5 percent during the first 11 months of the year. 
  • The average price increased 7 percent. 
  • The median price increased 5 percent. 

New listings

Prices remain high because listing activity remains low. A total of 262 Dane County homes were listed for sale in the month of

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According to research by Buffini & Company, we have 8 major motivations for buying real estate: 

1) The desire to be close to family 

2) A need for more space

3) A realization that it's time to downsize 

4) Job relocation 

5) A major life change, such as a marriage, birth, death, divorce, or entering the workforce  

6) A desire to be in a different neighborhood 

7) A goal to invest in real estate 

8) A desire to own a vacation home 

What's motivating you to buy a home, condo, or investment property in 2024? We'd love to learn more about your needs and help you create a plan for your goals. Contact your preferred Mad City Dream Homes realtor to get started. We've helped hundreds of clients purchase real estate in our competitive

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Sam Haas Mad City Dream HomesWe'd like to offer a public thank you to Samantha Haas, who has spent the last 6 plus years sharing her ideas, talents and values with our team. Thanks to Sam's influence, our team has evolved to view everything we do through the lens of community.

In addition to coordinating our marketing efforts and team events, Sam has invested a significant amount of her time into supporting and promoting local non-profits.

Now, Sam's focus on community is taking a new form, as she heads up her own initiative, Playful Acorns, which she's created to encourage connections between kids, caregivers, nature, and the larger community. 

We wish you all the best, Sam, as you write your next chapter. Although we can't possibly replace you, we can continue with the

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For the last 18 years, Dane County home building has been occurring at a subdued pace compared to the peak construction years in the early 2000's. This is one of ten reasons why we expect inventory to be low and prices to be high in 2024. For more info, check out this recent post. 

Madison WI Housing Starts Nov 2023

Thank you to Dominic Collar, who's been generously sharing his housing start data with us for the last 15 years. With Dominic's help, we've been able to stay on top of the new construction market and share our insights with you. We appreciate your generosity, Dominic! 

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For many of us the holiday season is a time for reflection and resolutions. It's also the season when we start making our homeownership plans for the coming year.

2022 real estate dream home

What are your real estate goals for 2024?

Do any of these goals speak to you? 

#1) You have some home improvement projects in mind and you need recommendations for reputable contractors. You'd also like some insight into which home improvement projects offer the best return on investment.

#2) You've been dreaming of a new home and you need some guidance on how to make it happen. Inventory is tight right now, and you need help finding the home that's the right fit for your lifestyle and your stage of life.

#3) You'd like to meet with an expert about your home's current market

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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

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