Main Content

The Sue Adler Team Madison Market Stats May 2011

share: Facebook Twitter Google Plus Email

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
139  Kingston Ct  $479,000 $479,000 $458,500 8 2 2.1 TwnIntUn
60  Green Ave  $749,900 $749,900 $730,000 76 5 4 Colonial
7  W End Ave  $829,900 $769,999 $747,500 129 4 3 Colonial
1  Nordling Ln  $1,200,000 $1,200,000 $1,165,000 51 4 2.1 Colonial

AVERAGE DAYS ON MARKET: 66  AVERAGE LISTING PRICE: $875,444

AVERAGE SALE PRICE:  $775,250   % SALE PRICE / LIST PRICE: 97%

Madison Home  sale Trends May 2010-May 2011

  May  2010 June July Aug.  Sept. Oct.
Ave  List Price $1,000,248 $953,737 $906,583 $888,916 $907,031 $874,485
Ave Sale Price $762,444 $840,036 $843,228 $808,500 $886,667 $602,167
%Sale/List Price Ratio 96% 97% 97% 96% 97% 92%
DOM 41 88 60 64 99 122
#Active Listings 89 89 88 78 89 89
#Closed Listings 9 21 24 11 10 7
  Nov. Dec. Jan. Feb. Mar. April May 2011
Ave List Price $869,462 $812,222 $806,473 $947,259 $958,291 $888,916 $875,444
Ave Sale Price $701,000 $470,400 $727,200 $801,286 $420,556 $535,000 $775,250
%Sale/List Price Ratio 97% 96% 93% 95% 94% 96% 97%
DOM 69 71 69 115 112 100 66
#Active Listings 87 65 63 69 88 140 103
#Closed Listings 8 11 5 9 10 10 4
  Active Listings New Listings Under Contract Sold Listings Average SP/LP
# Beds Avg LP Avg LP Avg LP Avg LP DOM %
1 $297,000 $299,000 $0 $0 0 0%
2 $367,400 $385,967 $304,950 $458,500 8 96%
3 $527,216 $553,991 $498,600 $0 0 0%
4 $805,009 $657,065 $584,400 $956,250 90 97%
5 $1,809,710 $2,099,000 $1,554,500 $730,000 76 97%
TOWN $875,444 $623,863 $832,592 $775,250 66 97%

         

Share this:
Search our Home View All Our Listings View Our Exclusive Listings

Like This Post? Get More New Jersey News In Your Inbox!

Like This Post? Get More New Jersey News In Your Inbox!Never miss important New Jersey real estate news or changing market conditions! Subscribe via RSS or email delivery!

Back

Receive Monthly Home Sale Stats In Your Inbox!

    Submit
    *required

    Skip to content