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The Sue Adler Team Madison August 2011 Market Stats

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Madison Aug 2011 Home Sales Stats
Data compiled from the GSMLS.  Deemed reliable, but not guaranteed.
Sue feels that if you are in the market to buy or sell real estate in Madison, it is important to
understand the trends in Active Listings, Days on the Market, and Listing to Sale Price ratio
so that you can make an educated decision.
ADDRESS OLP LP SP DOM BRS BTH STYLE
19 Cook Ave $210,000 $210,000 $185,000 20 2 1 Colonial
318 Main St $325,000 $295,000 $282,500 114 1 1.1 TwnIntUn
152 Ridgedale Ave $399,900 $379,900 $350,000 82 3 1.1 Colonial
5 Baker Avenue $409,000 $395,000 $370,000 76 2 2 Bi-Level
71 Shadylawn Dr $459,900 $439,900 $395,000 98 4 1 CapeCod
78 Wayne Blvd $539,000 $449,000 $420,000 136 3 2 CapeCod
8 Durwood Pl $489,000 $469,900 $462,000 34 3 1 Ranch
19 Rachael Ave $528,000 $528,000 $490,000 61 3 3 SplitLev
11 Ardsleigh Dr $649,000 $649,000 $629,500 86 4 3 RanchExp
22 Alexander Ave $699,000 $685,000 $635,000 30 3 1.2 Colonial
58 Hillside Ave $899,000 $899,000 $792,500 118 4 2.1 Colonial
44 Highland Ave $999,000 $999,000 $910,000 51 6 2.2 Colonial
392 Woodland Rd $1,179,000 $1,099,000 $1,025,000 49 4 3.1 Colonial
50 Pomeroy Rd $1,895,000 $1,760,000 $1,695,000 132 4 4.1 Colonial
254 Woodland Rd $1,950,000 $1,950,000 $1,900,000 15 6 5.1 Colonial
241 Woodland Rd $2,785,000 $2,675,000 $2,500,000 94 7 7.1 Colonial
AVERAGE DAYS ON MARKET: 79 AVERAGE LISTING PRICE: $827,568
AVERAGE SALE PRICE:  $742,767 % SALE PRICE / LIST PRICE: 93%
Aug. 2010
Sept.
Oct.
Nov.
Dec.
Jan.
Ave  List Price
$888,916
$907,031
$874,485
$869,462
$812,222
$806,473
Ave Sale Price
$808,500
$886,667
$602,167
$701,000
$470,400
$727,200
%Sale/List Price Ratio
96%
97%
92%
97%
96%
93%
Days on Market
64
99
122
69
71
69
#Active Listings
78
89
89
87
65
63
#Closed Listings
11
10
7
8
11
5
Feb.
Mar.
April
May
June
July
Aug. 2011
Ave List Price
$947,259
$958,291
$888,916
$875,444
$860,780
$864,051
$827,568
Ave Sale Price
$801,286
$420,556
$535,000
$775,250
$838,658
$678,653
$742,767
%Sale/List Price Ratio
95%
94%
96%
97%
97%
97%
93%
Days On Market
115
112
100
66
64
72
79
#Active Listings
69
88
140
103
106
95
81
#Closed Listings
9
10
10
4
21
19
16
Active Listings
New Listings
Under Contract
Sold Listings
Average
SP/LP
# Beds
Avg LP
Avg LP
Avg LP
Avg LP
DOM
%
1
$285,000
$0
$0
$282,500
114
96%
2
$328,600
$375,000
$0
$277,500
48
92%
3
$489,775
$504,560
$492,000
$471,400
69
94%
4
$787,638
$648,000
$685,750
$907,400
97
94%
5
$1,481,368
$1,324,000
$549,000
$1,705,000
73
93%
TOWN
$827,568
$655,400
$603,125
$742,767
79
93%
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