Thinking of selling your condominium? Your condo may be worth much more than you think. Right now there are more condo buyers than there are condo sellers, and prices are on the rise. Here's a quick rundown of the condo market in the greater Madison area.
Verona condos have become a relatively rare quantity. As of this post there are only seven Verona condos on the open market, and six of those condos have an accepted offer. The average condo price in Verona rose by more $20,000 in 2016.
The average price for a Middleton condo rose by an even greater amount. In 2016 the average jumped by more than $36,000.
In Fitchburg, the average increased by more than $22,000 in 2016.
In Madison, the average increased by almost $13,000.
Condo Prices are Rising throughout Dane County
Prices are rising in Monona, Sun Prairie, Waunakee, and across the whole county. If you need an accurate assessment of your condo's value, get in touch with us. We'll give you the info you need to price your condo correctly for the rising market.
This article is published courtesy of:
Dan Miller, REALTOR
Mad City Dream Homes & RE/MAX Preferred
1619 Monroe Street #1, Madison, WI, 53711