Mad City Dream Homes Real Estate Blog, Madison WI

January was another strong month for the Dane County single family home market. Here's our latest update from the South Central Wisconsin MLS:

Dane County single family home sales

January home sales reached the second highest total on record and were up 14% from the sales levels in January of 2019. 

Madison WI Home Sales January 2020

Dane County home prices

The price per square foot reached a record high in January, setting the stage for more strong price growth in 2020. Prices were up 5% year-over-year in January. 

Dane County accepted offers

Accepted offers were down from each of the last 2 years, but were still strong compared to most other years dating back to the year 2000. 

New MLS listings

New listings continue to enter the market at a slow pace.

966 Views, 0 Comments

Hundreds of homes are sold each month in Dane County, but if your goal is to sell when the market is hottest, then you should list your home during the 4-month window that spans from March to June. Take a quick look at the market data below. Year in and year out, the months of March, April, May and June have more buyers writing offers than any other month of the year. 

the hottest months for real estate in Madison WI

If you're planning to sell in 2020...

Then right now is the time to schedule a consultation with your favorite Mad City Dream Homes agent. Have a quick conversation about timing, pricing, staging, and marketing -  as well as the low-cost improvements that will add real value to your home. Our team is well-equipped to help you make the most of your investment in this year's

1,013 Views, 0 Comments

COVID-19 Updates

The Lussier Community Education Center’s operations are continuing in their new form through summer. Its mission is still to be a place for people from different walks of life to come together, share gifts, and build community. That typically includes enrichment activities for all ages, games, art, tutoring, hot meals, a food pantry, farmers market, job clinic, radio shows, activism opportunities, and more. During these times, LCEC is practicing social distancing and social solidarity by continuing its food pantry program and K-12 summer camps in a modified way. 

  • (6/29/2020): Modified K-12 summer camps got underway today, and the Support and Solidarity Network continues to connect with neighbors and mobilize to meet specific
2,105 Views, 0 Comments

This year is another year of low mortgage rates and low inventory in Dane County, so 2020 is already proving to be another very competitive year for local home and condo buyers. With this in mind, here are our do's and don'ts for buyers in this year's fast-moving market.

Tips for 2020 Madison WI Home Buyers

Three don'ts for Madison area buyers in 2020

1) Don't wait for the weekend open house to tour a property

Instead, rely on your buyer agent to schedule a private showing as soon as each property hits the market. Many properties are selling right away and aren't lasting until the open house. 

2) Don't call the listing agent to arrange a showing. 

By the time you reach the listing agent, there's a good chance the property is already sold to another buyer. You're better off

1,067 Views, 0 Comments

Now that the holiday season has passed, we're receiving a lot of calls from folks who want to discuss what they need to do to prepare for a successful sale. This is a fun time of year for us, because we're helping a lot of clients come up with a clear set of steps that will help them sell for top dollar in this year's hot spring market. 

a perfectly staged home by Mad City Dream Homes

Creating value with staging and cosmetic updates

Many of our clients are preparing for their sale right now by working with our stager, Debbie Lea. In many cases Grant Priehs, one of our favorite contractors, is also a part of the collaboration. These are proving to be incredibly productive meetings. Not only are we working as a team to create a great staging plan for each property, we're also implementing the

856 Views, 0 Comments

December was another solid month for Madison area real estate. Here's our latest summary of the single family and condo markets in Dane County. 

December home and condo sales

A record 464 single family homes sold in the month of December, an increase of 32% from the 352 homes sold in December of 2019. 

 Madison Area Home Sales December 2020

Condo sales were just below the sales levels from 2018 and 2017. 

 

December accepted offers

Single family home accepted offers were a tad lower compared to the prior December. 

 

Condo accepted offers were consistent with the levels from each of the last two Decembers. 

 

January months of supply

As of January 11th, only 1.4 months of single family home inventory are available for sale in Dane County. Supply is

683 Views, 0 Comments

The market is off to a fast start!

mad city dream homes real estate agents

Even though it’s early in the year, our real estate team is very busy assisting our buying and selling clients. The market is definitely off to a faster start this year compared to 2019. In fact, we helped four of our clients receive accepted offers during the first week of January. One of those offers was accepted during the Rose Bowl!

If you know someone who’s planning to sell this year, please let them know right now is a great time to get started with their planning and preparation. Mortgage rates are low, inventory is low, buyers are buying, and the spring market is right around the corner. It’s shaping up to be another solid year for sellers in 2020. As always, all of us on the team are well-prepared to

634 Views, 0 Comments

If you’re planning to sell in 2020, right now is the perfect time to schedule a market analysis for your home. Dane County real estate prices have risen for seven straight years. And with strong demand and low inventory, they’re on course to rise for an eighth straight year in 2020. 

Another factor affecting home prices right now is the upcoming spring market. Properties listed in the springtime tend to receive the highest offers, because that's when multiple offers and bidding wars are most common. So if you're planning to sell in March, April or May of this year, it's possible your home is worth a lot more than you think. 

Madison WI Home Price Trends

Schedule a complimentary market analysis for your home

All you need to do is reach out to your favorite Mad City Dream

903 Views, 0 Comments

Martin Menocal is more than a photographer; he's an artist. Martin's attention to detail and dedication to his craft are truly remarkable, which is why Martin is one of our preferred photographers. Here are just a few examples of Martin's work from some of our recent real estate listings. 

Interior photos by Martin Menocal

Interior Real Estate Photo Martin Menocal Photography 

Exterior and outside photos

 

Photos are the most important part of every listing

A listing with beautiful photos receives more looks and clicks online, which leads to more requests for showings, more buyer competition, and a higher price on the sale of the home. Remember, we don't have a set budget for our listings. This philosophy allows us to work with the best

1,342 Views, 0 Comments

The spring real estate market will be heating up soon. Are you thinking of making 2020 the year you buy or sell a home? There are things you can do now that will help you stay competitive in what’s expected to be another busy real estate market this spring. Read on for tips from our team for ways you can prepare, and then contact us for a consultation. We can help you achieve your buying or selling goals.

Woman writing in a notebook

Looking to sell?

  1. If you’re thinking about selling your home, be proactive. You’ll set yourself up for a better home-selling experience if you begin planning and preparing right now. Many people feel stressed when they have to rush through the process, and planning ahead can make the whole experience much easier. Reach out to schedule a
1,691 Views, 0 Comments

Sign up for email updates