September was a great month for Madison area home and condo sellers, as the Dane County real estate market set a number of new records last month. Here's our short summary of the latest market trends from the month of September.
The Madison area single family home market
New MLS listings increased by 16% in September and reached their highest level since 2008.
Buyers responded to the new supply of listings by writing a record number of offers. Accepted offers increased by 27% year-over-year and set a new record for the month of September.
Home sales also reached a new high and increased by 40% from last September.
Madison area home prices set a new record last month, increasing by 9% year-over-year.