Dane County condo buyers were very active in the month of June as local condo prices continued to rise. Here's our latest snapshot of the Madison area condo market:

Accepted offers were up big-time in the month of June.

A total of 205 condo contracts were written in June, which was up 23% from last year. On a year-to-date basis, accepted offers are down by 1% from the first 6 months of 2019. 

This chart shows accepted offers by week. As the graph shows, new contracts decreased significantly in April, and then started trending higher in May and June. 

Condo prices rose once again in June. 

The June price per square foot was the highest on record. 

Condo sales increased by 8% in June. 

Madison area condo sales were lower by

June was another strong month for real estate in the Madison, Wisconsin area. Here's our quick summary of how the Dane County single family home market performed last month. 

Madison area home prices increased 4% year-over-year and 5% year-to-date. 

The price per square foot reached a new high in the month of June. 

New MLS listings were lower by 14% during the month and 14% year-to-date. 

A lack of fresh supply is benefiting home sellers in 2020. June listings were at their lowest level since 2011. 

This graph shows new listing activity by week for the first 6 months of the year. MLS listings have been trending lower since the end of March. 

Despite low inventory, buyers were very active in the month of June. 

The number

If you've been having a hard time finding your dream home, you may want to consider building your next house. There are plenty of builders in the Madison area who would love to work with you, and we can help you choose the one who's the right fit for your tastes and budget. We can also help you find and purchase the lot or land that your new dream home will be built on.

To learn more about the home-building process, please reach out to one of our real estate professionals. We'll help you understand how the process works and lay out a plan for building a beautiful home. 

If you'd like to learn more about locations with new construction properties in the Madison area, check out our blog for our list of emerging neighborhoods. Or, just reach out to

Home building is a major source of real estate in the Madison area, as many buyers are opting for a new construction home in one of the area's emerging neighborhoods. The appeal is two-fold - buyers get to choose their own customizations and finishes, and it's easier to purchase a brand new home because there's much less competition in the new construction market.

If you've been challenged by our low inventory market, evaluate your options and check out the properties available in some of the area's newest subdivisions. Who knows, you might find just what you're looking for in a new construction home.

Thinking of buying or building a new construction home? Here's our overview of over 50 emerging neighborhoods in the greater Madison area. Contact us

The home inspection is an important step in the process of buying and selling a home. It can also seem like a stressful event for buyers and sellers alike. Read below for tips from Al Gindt of BPG Inspections on having a smooth inspection. Al also shares how inspections have changed during the pandemic to keep both buyers and sellers safe.

What can buyers and sellers expect from an inspection?

A home inspection's first priority is to determine if there are any safety-related issues with a property. The second priority is to educate buyers on their new investment. “I try to emphasize to buyers that we’re not looking for specific issues as much as we're looking for what is going on in this home,” said Al. “Our goal with the inspection is to

The Madison area condo market continues to be a great market for sellers as we head into the summer sales season. Here's our newest update on the Dane County condo market with all of the latest trends updated through the month of May. 

Madison area condo prices are at all-time highs.

The condo price per square foot jumped to $160 in May, which was up 4% from last year. 

Condos are selling quickly.

The average days on market in May was just 36 days, which was a record low for the Dane County condo market. 

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

Dane County condo listings decreased by 37% in April and 19% in May. 

A high percentage of the listings are under contract and closing soon. 

As of June

Even though there's so much turbulence in the world around us, many Madison area home sellers are experiencing a tremendous amount of success in this year's low inventory market. Here's our quick snapshot of the Dane County single family home market - updated through May, 2020.

Madison area home prices are at record highs.

The May price per square foot increased by 4% year-over-year and 5% year-to-date.

Marketing times are near historic lows.

The average of 28 days on market was the second lowest on record for the month of May.

New MLS listings are entering the market at a slow pace. 

New listings were down 33% in May and were lower by 15% year-to-date.

Months of supply are low.

Inventory is low, and especially so for

You may be thinking it would be great to buy a new home. Perhaps you could use more space. Or, maybe it’s time to downsize from a two-story to a ranch-style home or condo. The catch is, you have to sell your current home first! Our team of full-time real estate agents helps clients with this scenario all the time. In this article, we'll share a few tips to consider that can help make the process less stressful. Coordination and some additional planning can go a long way to helping you sell and buy at the same time.

Tip 1: Focus on your home-selling plans first. It may be tempting to start looking for your dream home before you have prepared your home for sale. However, you risk finding the perfect home and being unable to write an offer because

If you're buying in 2020, your offer to purchase will likely be up against offers from other motivated buyers. Below are 25 ways you can make your offer stand out from the competition and be the one that gets accepted. Of course the strategies you use will depend a lot on the type and condition of the property, your level of motivation, and how much competition you have from other parties. 

25 Ways to Write a Winning Offer

#1: Submit your mortgage pre-approval from a reputable, local lender. A pre-approval from an out-of-town or big box lender can create doubt in the mind of a seller. For example, we've seen sellers disregard offers from buyers who are pre-approved by an internet lender. Give your seller every reason to believe your pre-approval is

Relocating across the country isn’t easy, but Jenn and her husband were committed to finding a place in Madison for their retirement. They worked with Shelley Lazzareschi and Tammy Steiner to find the perfect home, completing the entire home buying process virtually. They are moved in and loving their new place!

Jenn and her husband were planning to move out of California for their retirement. They decided they wanted to move somewhere in the midwest, and embarked on a year-long search. Then, Madison became their top destination.

“My daughter was accepted into a summer program at UW-Madison, and we fell in love with the area when we came to visit her,” said Jenn.

Jenn searched Google for “Madison Realtors” and really liked the Mad City Dream