Here's our latest objective look at the home and condo markets in Madison, Wisconsin. For more information on the larger market in Dane County, check out this recent update on our blog. 

Madison home and condo prices

Madison single family home prices reached an all-time high in July, increasing by 4% in the month and 4% year-to-date. 

Madison condo prices also set a new record in July. Condo prices increased by 4% year-over-year and were higher by 2% year-to-date. 

Madison accepted offers

Single family home accepted offers decreased by 10% in July and by 6% year-to-date. From an historical perspective, buyer activity was still quite strong in the month of July. 

Condo accepted offers increased by 10% year-over-year and

Sometimes your life’s work happens almost by accident. For Doreen Meland, designing and staging homes came naturally, even before she knew it could be a business. “I didn’t know I was doing it, but I was. A Realtor came through our home, and asked if I staged homes. After thinking about it, I decided it would be fun. My business has grown from there,” she says.

Doreen’s work covers a broad range of projects. She has a natural ability for interior design, and is a gifted landscaper. Both interior and exterior projects fill her portfolio.  She has helped clients efficiently stage their homes for sale. But she has also worked with clients who require a more thorough decluttering.

Doreen loves organizing. Recently, she assisted clients who needed to

Here's our quick update on the latest real estate trends in Dane County. How does the current market impact you and your real estate goals? Reach out to us for a short conversation. 

Dane County Home and Condo Prices

Dane County single family home prices reached an all-time high in July. Prices increased by 1% in July and were up 2% year-to-date. 

Dane County condo prices were also at an all-time high, increasing by 8% in July and 4% year-to-date. 

Dane County Accepted Offers

Single family home accepted offers decreased by 7% in July and were lower by 5% year-to-date. Still, buyer activity in July was quite strong when compared to each July over the last 20 years. 

Accepted offers for condos decreased by 6% in July and were

We all know there is a seasonal aspect to the market and the spring months typically are the best months for sellers in the Madison area. However, there are some Dane County properties which are always in high demand and can sell quickly any time of year. Below we share 10 different types of properties in the Madison area that benefit from a perpetually strong market. 

Hot properties in the Madison area

1) Condos priced under $250,000

The shortage of affordable housing in Dane County has many buyers standing on the sidelines waiting for the right condo to be listed for sale. A nice condo priced under $250,000 is always a hot commodity in our low inventory market. 

2) Homes priced under $350,000

Single family homes priced under $350,000

Madison mortgage rates keep falling, and are now at their lowest levels since November of 2016. Check out this chart from Freddie Mac, which shows how interest rates have trended over the last 3 years. 

Locally, some Madison area lenders are publishing rates for a 30-year fixed rate loan as low as 3.5%. 

How do lower rates help you right now? 

If you're planning to buy right now, here are the two big benefits:

First, today's low rates give you more homes to choose from by lowering your monthly mortgage payment, which is a big plus in our low inventory market. 

Second, the timing of this rate drop is very beneficial to anyone who's serious about buying right now. That's because many sellers are becoming more flexible with their pricing

The trails and surrounding waterways that provide recreation, tourism, and transportation opportunities contributed to the Village of McFarland’s branding initiative in 2018, which generated a new logo and slogan: Naturally Connected. “We are a place of nature...with a small town feel but not too far from Madison,” said village President Brad Czebotar.

When the Lower Yahara River Trail opened in 2017, it created an important link between the southeast side of Madison at the newly renamed William G. Lunney Lake Farm County Park and McFarland at McDaniel Park. Bicycle commuters now have a safer and quicker way to get to work using the floating boardwalk and pedestrian bridge -- the longest in the state and what village Administrator Matt Schuenke

Is to make you proud of how your property is presented to the general public. If we can make you proud of your listing, then we know our marketing plan is on the right track. Here are 3 basic ways we work to make you proud of your MLS listing: 

1) Capture beautiful listing photos. 

Capturing beautiful photos begins with the home staging process. Remember, we provide your staging services free of charge by connecting you with the best stager in the business, Debbie Lea. Once your staging is completed, we partner with the best real estate photographers in Madison to create the photos for your listing. We don't have a set budget for our photos, and we'll do whatever it takes to capture the very best pictures of your home. If needed, we'll schedule

In our competitive real estate market some buyers accomplish all of their real estate goals, while others seem to continually miss out. Why is it that some buyers succeed and others do not? Below we share a few thoughts and observations on this topic. 

Why some buyers succeed in Madison's tight real estate market

1) They have a clear picture. Some buyers have a very clear picture of what type of property they want to buy, when they want to buy, where they want to buy, and for what price. When it comes to features,  they know their list of "must haves" and "nice to haves". They've done their homework, and they have a good understanding of the inventory in their preferred location and price range. Buyers with a clear picture have a great chance of

The condo lifestyle is in high demand. From millennials making their first purchase to baby boomers down-sizing into a new setting, people of all ages are embracing condominium living.

The market has changed a lot over the last few years, and today's buyers are learning it's highly competitive. One outlet for buyers is the new construction condo market. As a general rule it's easier to purchase a new construction condo because this segment of the market has fewer competing buyers.

If you've been having a hard time finding the right condo in our low inventory market, check out the new construction options below. You might find the perfect fit in one of these growing condo communities.

Do you need help finding the right condo? Contact one of our

Have you ever looked around your home and wondered who else has enjoyed the beautiful view from that kitchen window or warmed up to that cozy fireplace? Unless you have lived there since the house was built, you might only know the names of the people who sold it to you or your family.  

There are several resources that can help you uncover the history of your home, and not just about who previously owned or occupied the house. You may also be able to research who owned the land before it was developed, when and for what price your house was built, the architect and specific house style, if it’s part of a historic district, and when major additions or renovations were completed, among many other fascinating tidbits.

Perhaps you want to find out