Tagged : madison real estate

Found 706 blog entries tagged as "madison real estate".

A good plumber can be hard to find, especially on short notice. Here are a few of our favorite, tried and true companies: 

  • RHD Plumbing: Shelley's go to. 608-292-3318
  • Chris Elke Plumbing: Always great feedback. 608-225-0275
  • Pertzborn Plumbing: Usually available for emergent situations. 608-256-3900
  • Stoppleworth Plumbing: Consistently reliable over the years. 608-831-6342 

Please don't hesitate to reach out to your Mad City Dream Homes realtor whenever you need a referral to a reputable, local business. We'd love to help you. 

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Home and condo supply continues to improve for Madison area buyers, as shown by the charts below. 

Single family home supply is up 42% from the same time last year. 

Madison WI Home Inventory July 23 2024 

While condo supply is up 92%. 

Madison WI Condo Supply July 23 2024

 

If you're in the market for a Dane County home or condo, we encourage you to stay positive and committed to your search. These next few months are a window of opportunity. Supply will continue to improve into the fall, as it typically does each year. We'll see more sellers become a little more flexible with their pricing, and more sellers become a little more willing to negotiate. 

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Condo inventory has been gradually improving in the Madison area, with several newer developments popping up across Dane County. Newer condominium developments include: 

  • Arboretum Village in Waunakee
  • Bellflower Pointe in Deforest 
  • Besa Monona in Monona
  • Calliope Cottages in Middleton
  • Happy Place Condominiums on Madison's East Side
  • Lacy Ridge Condominiums in Fitchburg
  • Lacy Woods in Fitchburg 
  • One Tree Condominiums in Edgerton 
  • The Ridge at Fox Hill in Deforest 
  • Riverstone Townhomes in Deforest 
  • Sienna Hills Condominiums in Mount Horeb 
  • Simply Homes Condominiums in Mazomanie 
  • West Village Condos in Belleville 
  • Wild Oak Condominiums in Stoughton 
  • Windflower Village in Mount Horeb 

Contact us for a helpful

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Dane County condo prices rose again in June, spurred by low supply and strong demand. Here's our latest update on the Madison area condominium market. 

June condo prices

  • The price per square foot rose from $218 in June of 2023 to $235 in June of 2024, an increase of 8 percent. 
  • The average price rose from $342,102 to $361,592, an increase of 6 percent. 
  • The median price jumped from $314,760 to $325,000, an increase of 3 percent. 

 

Madison WI Condo Prices June 2024

Year-to-date prices

  • The price per square foot grew from $211 during the first 6 months of 2023 to $227 during the first 6 months of 2024, an increase of 8 percent. 
  • The average price grew from $327,847 to $336,777, an increase of 3 percent. 
  • The median price grew from $295,000 to
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Dane County home prices continued to rise in the month of June, fueled by low inventory and strong buyer competition. Here's our latest update on the Madison area single family home market. 

June home prices

  • The price per square foot rose from $231 in June of 2023 to $239 in June of 2024, an increase of 4 percent. 
  • The average price rose from $519,271 to $543,943, an increase of 5 percent. 
  • The median price jumped from $445,000 to $490,000, an increase of 10 percent. 

Madison WI home prices June 2024

Year-to-date prices

  • The price per square foot rose from $224 during the first 6 months of 2023 to $238 during the first 6 months of 2024, an increase of 6 percent. 
  • The average price rose from $499,744 to $528,949, an increase of 6 percent. 
  • The median
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Unexpected water issues can be stressful for homeowners and can potentially lead to a canceled sale. This was the problem our client faced, when she realized she had a water issue shortly after she accepted an offer for her home. 

Our client was concerned, and her buyers were concerned, too. The fix wouldn't be an easy one. It required the work of a skilled contractor, and most of the good contractors already had full schedules. 

So Mad City Dream Homes hit the phones and reached out to every reputable contractor we could think of. We called 15 contractors in all. In the end, we found a contractor who had the expertise to tackle the project, and who could complete the work on a timeline and a budget that were acceptable to both parties. 

The

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We’ve been busy helping our clients troubleshoot repairs in 2024, especially water issues due to this year's heavy rains. But not every repair needs to be addressed prior to sale. 

At Mad City Dream Homes, we’re here to help you determine which repairs are absolutely necessary to address, and which ones are not. We're also here to connect you with reputable contractors who will do a great job for you and for a reasonable price.

Just reach out to your Mad City Dream Homes realtor to get started. It would be our pleasure to serve you. 

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Our clients are enjoying a tremendous amount of success this year, even in this low inventory market. Through the first six months of 2024 we've helped our clients through 76 closings and pending sales. 

Do you know someone who could use our help buying or selling in the coming year? We're always available for a helpful consultation, and never with any sales pressure or spin. Contact your Mad City Dream Homes realtor to make an introduction. 

We appreciate your continued trust in our team. 

Happy Mad City Dream Homes Clients

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We've been sharing how Dane County home and condo inventory is quietly rising and how buyers who stay the course will find more opportunities to purchase in the months ahead. However, in the big picture, inventory remains low. Here's a quick look at Dane County home and condo supply as of June 27th, 2024. 

Single family homes 

As of June 27th, a total of 580 Dane County homes (or 1.5 months of supply) are available for sale without an accepted offer. Months of supply are low in all price ranges, especially in the sub $400,000 price categories. 

Madison WI Home Inventory June 27 2024 

Condos

As of June 27th, 181 condos (or 1.6 months of supply) are available for sale without an accepted offer. Some newer condo developments are improving options for buyers, but inventory remains

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It's getting to the point where we need to question nearly everything we come across online. Adding to the problem is the explosion of AI generated content. Some are predicting that as much as 90% of all online content will be produced by non-humans by the year 2026. As Seth Godin puts it, we're entering a new era of SPAM. 

Our response to the explosion of mass-produced content is to simply stay the course. We'll continue to publish our own articles and market updates, and share our tips and recommendations that come from our own experiences out in the field. 

We're not writers by trade, and our content won't be winning any awards, but we promise you it will always be authentic...

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