Dane County condo prices ended the year higher in 2023. Here's our latest update on the Madison area condo market.  

Dane County condo prices

Condo prices in the month of December:

• The price per square foot increased from $195 to $224 (15 percent).
• The average price increased from $308,754 to $339,868 (10 percent). 
• The median price increased from $274,500 to $294,950 (7 percent).

Annual price increases (from 2022 to 2023): 

• The price per square foot increased from $203 to $216 (7 percent).
• The average price increased from $300,531 to $333,401 (11 percent). 
• The median price increased from $268,000 to $300,000 (12 percent). 

New condo listings

Only 51 condos were listed for sale in the month of