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The Sue Adler Team Madison July 2011 Market Stats

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MADISON July  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 Original List List at Sale Sale Price DOM Beds Baths Style
77  North St  $385,000 $249,000 $225,000 262 4 2.1 Colonial
15  Orchard St  $425,000 $399,900 $387,500 253 2 1.2 TwnEndUn
26  Valley Rd  $429,900 $429,900 $424,900 16 2 1 CapeCod
28  Crestwood Dr  $449,000 $439,000 $435,000 51 3 2 Ranch
25  Niles Ave  $449,000 $449,000 $431,000 20 4 2 CapeCod
25  Belmont Ave  $458,000 $449,800 $415,000 111 2 2 Colonial
77  Wayne Blvd  $529,000 $479,000 $485,000 135 4 2 CapeCod
62  Shadylawn Dr  $514,900 $499,900 $485,000 70 3 2 CapeCod
16  Canterbury Rd  $599,000 $599,000 $585,000 12 3 2 SplitLev
109  Greenwich Ct  $625,000 $625,000 $590,000 65 3 2.1 TwnEndUn
149  Ridgedale Ave  $629,000 $629,000 $622,000 23 4 2.1 Colonial
57  Fairwood Rd.  $649,900 $649,900 $660,000 8 4 2.1 Colonial
1  Lewis Dr  $699,000 $699,000 $660,000 21 3 3 Ranch
6  Rose Avenue  $729,000 $729,000 $754,000 26 3 3.1 Colonial
8  Lewis Dr  $775,000 $775,000 $755,000 34 3 3.1 Ranch
14  Highview Ter  $850,000 $780,000 $680,000 44 2 2 Ranch
10  Twombly Ln  $1,349,000 $1,295,000 $1,240,000 74 5 3.1 Colonial
43  Park Ln  $1,375,000 $1,295,000 $1,250,000 85 4 2.1 Colonial
40  Dellwood Drive  $2,295,000 $1,800,000 $1,810,000 49 5 4.1 Colonial

AVERAGE DAYS ON MARKET: 72 AVERAGE LISTING PRICE: $864,051

AVERAGE SALE PRICE:  $678,653% SALE PRICE / LIST PRICE: 97%

Madison    Home  sale Trends    July 2010-July 2011

  July 2010 Aug.  Sept. Oct. Nov. Dec.
Ave  List Price $906,583 $888,916 $907,031 $874,485 $869,462 $812,222
Ave Sale Price $843,228 $808,500 $886,667 $602,167 $701,000 $470,400
%Sale- List Price Ratio 97% 96% 97% 92% 97% 96%
Days on Market 60 64 99 122 69 71
#Active Listings 88 78 89 89 87 65
#Closed Listings 24 11 10 7 8 11
  Jan. Feb. Mar. April May June July 2011
Ave List Price $806,473 $947,259 $958,291 $888,916 $875,444 $860,780 $864,051
Ave Sale Price $727,200 $801,286 $420,556 $535,000 $775,250 $838,658 $678,653
%Sale List Price Ratio 93% 95% 94% 96% 97% 97% 97%
Days On Market 69 115 112 100 66 64 72
#Active Listings 63 69 88 140 103 106 95
#Closed Listings 5 9 10 10 4 21 19

   

  Active Listings New Listings Under Contract Sold Listings Average SP/LP
# Beds Avg LP Avg LP Avg LP Avg LP DOM %
1 $290,000 $0 $295,000 $0 0 0%
2 $344,250 $0 $0 $476,850 106 93%
3 $526,922 $489,500 $679,250 $609,143 40 98%
4 $844,132 $804,780 $708,483 $612,167 89 98%
5 $1,433,904 $1,173,100 $1,052,225 $1,525,000 62 99%
TOWN $864,051 $846,243 $764,787 $678,653 72 97%
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