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:Â $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 |
  Â
 | 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% |