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The Sue Adler Team Madison Market Stats June 2011

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Madison     June 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 Orig. List Price Price at Sale Sale Price DOM Beds Baths Style
70  North St  $230,000 $230,000 $238,000 55 3 1 Colonial
27  Lathrop Ave  $299,000 $269,000 $222,500 138 3 1.1 Colonial
39  Wayne Blvd  $359,000 $280,000 $265,000 134 4 2 CapeCod
49  Highland Ave  $525,000 $489,500 $482,175 195 3 2 Ranch
121  Greenwood Ave  $499,000 $499,000 $484,000 28 3 1.1 Colonial
40  Hamilton St  $524,000 $524,000 $535,000 13 3 2 CapeCod
20  Buckingham Dr  $549,000 $539,800 $529,000 36 4 2 CapeCod
17  Spring Garden Dr  $545,000 $545,000 $525,000 13 4 2.1 SplitLev
46  Fairview Ave  $569,000 $549,000 $553,000 58 3 2 CapeCod
5  Grove St  $549,000 $549,000 $525,000 50 5 1.1 Victrian
19  Alexander Ave  $599,000 $575,000 $570,000 58 3 2 CapeCod
5  Arlena Ct  $497,500 $599,000 $570,000 15 4 2 CapeCod
298  Woodland Rd  $624,900 $624,900 $620,000 57 4 1.1 Colonial
9  Woodcliff Dr  $669,000 $635,000 $605,000 74 3 2 Custom
6  Pine Ave  $699,000 $699,000 $685,000 16 4 2.1 Colonial
54  Noe Ave  $940,000 $940,000 $876,000 49 4 3.1 Colonial
54  Fairview Ave  $1,250,000 $1,199,000 $1,205,000 264 5 3.1 Colonial
43  Hillcrest Rd  $1,699,000 $1,699,000 $1,705,000 12 5 3.1 Colonial
164  Green Ave  $1,735,000 $1,735,000 $1,675,000 20 5 3.1 Colonial
26  Wyndehurst Dr  $1,895,000 $1,895,000 $1,872,500 16 5 5.1 Colonial
55  Green Village Rd  $2,195,000 $2,079,000 $1,912,500 160 6 3.2 Colonial

AVERAGE DAYS ON MARKET: 64 AVERAGE LISTING PRICE: $860,780

AVERAGE SALE PRICE:  $838,658  % SALE PRICE / LIST PRICE: 97%

Madison    Home  sale Trends    June 2010-June 2011

  June 2010 July Aug.  Sept. Oct. Nov.
Ave  List Price $953,737 $906,583 $888,916 $907,031 $874,485 $869,462
Ave Sale Price $840,036 $843,228 $808,500 $886,667 $602,167 $701,000
%Sale- List Price Ratio 97% 97% 96% 97% 92% 97%
Days on Market 88 60 64 99 122 69
#Active Listings 89 88 78 89 89 87
#Closed Listings 21 24 11 10 7 8
  Dec. Jan. Feb. Mar. April May June 2011
Ave List Price $812,222 $806,473 $947,259 $958,291 $888,916 $875,444 $860,780
Ave Sale Price $470,400 $727,200 $801,286 $420,556 $535,000 $775,250 $838,658
%Sale List Price Ratio 96% 93% 95% 94% 96% 97% 97%
Days On Market 71 69 115 112 100 66 64
#Active Listings 65 63 69 88 140 103 106
#Closed Listings 11 5 9 10 10 4 21
  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 $0 $0 0 0%
2 $383,814 $0 $439,850 $0 0 0%
3 $538,806 $651,833 $532,180 $494,917 62 97%
4 $835,882 $885,986 $780,129 $581,429 46 96%
5 $1,594,923 $1,235,600 $749,450 $1,482,500 87 97%
TOWN $860,780 $905,050 $656,275 $838,658 64 97%
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