Embed Size (px)
Citation preview
Relocation Information & Assistance 800.747.9962
Home Sales Report April 2015
April 15, 2015
Hot March Sales Close Big 1st Quarter Dane County home sales continued the fast start to 2015, rising 18.5% over March 2014, making 1st quarter sales of single family homes and condominiums the highest total since 2006. Year-to-date, 2015 is now 13.5% ahead of last year and 7.7% of the pace set in 2013, which ended up being the third best year on record.
The median sale price in Dane County continues to rise as well, reaching $220,000 for the month compared to $207,000 in 2014, a 6.3% increase. For the twelve month period of April 2014 through March 2015, the median sale price stands at $223,400, an increase of 4.7% over the prior one year period.
New listings in Dane County rose for the second month in a row – increasing more than 13% over March 2014. As a result, the inventory of active listings reversed its recent trend and rose slightly to 3.24 months. While still on the lean side, with six months of active inventory considered to represent a balanced market between buyers and sellers, we are hopeful this is a positive indicator of an expanding housing stock. Buyer demand continues to be very strong as mortgage rates remain below 4%.
April Home Sales Report
Across the eight county* primary market of the SCWMLS, led by Columbia, Dane, Green, Rock and Sauk Counties, sales in March increased 17.2% over last year. The March median sale price rose 8.5% over last year to $184,900. Year-over-year, the median sale price of $181,000 is up 3.5%. Active inventory stands at 4.42 months with increases in new listings in four of the eight counties.
As we go forward into spring, it is apparent prices will continue to rise. And at some point, interest rates will as well. Therefore the old adage - there is no better time to buy than today - is likely very true. Waiting may be costly.
*The eight counties comprising the primary market of the South Central WisconsinMLS are Columbia, Dane, Dodge, Grant, Green, Iowa, Rock and Sauk Counties.
South Central Wisconsin MLS Sold & Active Residential Listings (Including Condos)
2015 2014 2013 2015 2014 2013
140 113 112 287 263 25757 46 34 123 120 104
153,365 173,207 136,361 160,488 150,567 125,846124,700 134,450 110,500 139,900 127,250 107,500
402 469 512 402 469 512
2015 2014 2013 2015 2014 2013
1,096 965 970 2,454 2,314 2,452578 488 521 1,247 1,099 1,158
250,782 233,683 224,727 148,068 232,158 223,023220,000 207,000 196,000 218,087 203,000 197,250
1,927 2,304 2,676 1,927 2,304 2,676
Average Sale Price Median Sale Price
Total # Active Residential Listings at end of Period
DANE COUNTY
More MLS statistics are available at http://cbsuccess.com/home-sales-reportsNOTE - This representation is based in whole or in part on data supplied to the South Central Wisconsin MLS Corporation by its Participants. The MLS does
not guarantee and is not responsible for its accuracy. Data maintained by the MLS does not reflect all real estate activity in the market.
Total # Active Residential Listings at end of Period
# New Listings # Sales
MARCH & Year-to-date Statistics 2015 Current sales reported as of April 13, 2015
# New Listings COLUMBIA COUNTY
March January - March
# Sales Average Sale Price Median Sale Price
84 1
106 7
158 9
201 14
228 29
297 57
296 58
304 58
575 107
689 140
565 111
601 116
511 69
931 107
757 71
751 79
399 64
351 37
133 5
143 3
8,080 1,142
249,901 201,507
179,900 159,000 Median price
Single Family
CURRENT ACTIVE LISTINGS
30,000 - 39,999
40,000 - 49,999
50,000 - 59,999
60,000 - 69,999
70,000 - 79,999
80,000 - 89,999
90,000 - 99,999
100,000 - 119,999
300,000 - 399,999
400,000 - 499,999
120,000 - 139,999
140,000 - 159,999
160,000 - 179,999
180,000 - 199,999
Average price
less than 30,000
Condo/Co-Op
PRICECLASS/TYPE
500,000 - 749,999
750,000 - 999,999
over 1,000,000
Total Types
200,000 - 249,999
250,000 - 299,999
**Sales for the month & current active listings are reported as of4/13/2015. The Current Active Listings Chart includes all listings available for showings, including those with offers to purchase. This representation is based in whole or in part on data supplied to the South Central Wisconsin MLS Corporation by its Participants. The MLS does not guarantee and is not responsible for its accuracy. Data maintained by the MLS does not reflect all real estate activity in the market.
10 13 0 0
6 159
9 15 5 2
7 11 6 2
7 13 4 5
12 10 4 3
10 25 5 5
6 29 6 11
11 86 21 17
51 15 12 21
11 23 41 24
3 59 15 16
4 56 20 9
8 113 44 15
2 54 44 5
2 35 63 9
0 10 27 3
0 3 13 1
10 2 2
0 1 4 0
123 609 314 150
105,923 177,761 271,521 170,145
93,000 169,000 242,500 143,950 MEDIAN PRICE
4+Bedroom
Condo/Co-Op
AVERAGE PRICE
180,000 - 199,999
200,000 - 249,999
250,000 - 299,999
100,000 - 119,999
over 1,000,000
Total Types
0-2Bedroom
3Bedroom
300,000 - 399,999
500,000 - 749,999
750,000 - 999,999
160,000 - 179,999
400,000 - 499,999
60,000 - 69,999
70,000 - 79,999
80,000 - 89,999
90,000 - 99,999
120,000 - 139,999
140,000 - 159,999
TOTALS REPORTSOLD RESIDENTIAL LISTINGS
PRICE CLASS/TYPE
less than 30,000
30,000 - 39,999
40,000 - 49,999
50,000 - 59,999
0
100
200
300
400
500
600
700
800
900
1000
1100
1200
1300
1400
1500
1600
Num
ber o
f Hom
es Sold
Single Family Solds (Inc Condos)Reported by the South Central WI MLS as of 4/13/2015
Dane County Columbia, Dane, Dodge, Grant, Green, Iowa, Rock & Sauk Counties
Dane County SalesMarch 2015 ‐ 578March 2014 ‐ 488 March 2013 ‐ 521
8 County Regional SalesMarch 2015 ‐ 982March 2014 ‐ 838March 2013 ‐ 843
$100,000
$110,000
$120,000
$130,000
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
$210,000
$220,000
$230,000
$240,000
$250,000
$260,000
$270,000
$280,000
$290,000
$300,000
Median Sale Price for Single Family Solds (Inc Condos)Reported by the South Central WI MLS as of 4/13/2015
Dane County MedianMarch 2015 ‐ $220,000March 2014 ‐ $207,000March 2013 ‐ $196,000
8 County Regional MedianMarch 2015 ‐ $184,900March 2014 ‐ $170,500March 2013 ‐ $168,500
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
5,500
6,000
6,500
7,000
7,500
8,000
8,500
9,000
9,500
10,000
10,500
11,000
Num
ber o
f Active Listings
Available Single Family Homes (Inc Condos)Reported by the South Central WI MLS as of 4/13/2015
Dane County Columbia, Dane, Dodge, Grant, Green, Iowa, Rock & Sauk Counties
Dane County InventoryMarch 2015 ‐ 1,927March 2014 ‐ 2,304March 2013 ‐ 2,676
8 County Regional InventoryMarch 2015 ‐ 4,482March 2014 ‐ 5,343March 2013 ‐ 5,698
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Mon
ths o
f Inven
tory
Months Supply of Inventory for Single Family Homes (Inc Condos)Reported by the South Central WI MLS as of 4/13/2015
Dane County SupplyMarch 2015 ‐ 3.24 Months March 2014 ‐ 3.76 MonthsMarch 2013 ‐ 5.19 Months
8 County Regional SupplyMarch 2015 ‐ 4.14 MonthsMarch 2014 ‐ 5.23 MonthsMarch 2013 ‐ 6.35 Months
Real Estate Market Statistics—April 2015
Stoughton School District April 2015 2014 YTD 2015 YTD April 2014
# New Listings 59 131 156 43
# Sales 28 63 77 16
Average Sale Price $225,950 $194,367 $217,153 $217,056
Median Sale Price Single Family $217,000 $170,500 $210,000 $183,000
Median Sale Price Condo $76,500 $159,000 $166,900 $317,900
Total # Active Residential Listings at end of period
97 109
Oregon School District April 2015
2015 YTD April 2014
2014 YTD
# New Listings 56 161 53 162
# Sales 22 78 21 71
Average Sale Price $219,345 $259,095 $294,152 $243,405
Median Sale Price Single Family $223,500 $257,000 $238,500 $216,000
Median Sale Price Condo $151,000 $137,500 $175,500 $174,750
Total # Active Residential Listings at end of period
87 137
Verona School District April 2015
2015 YTD April 2014
2014 YTD
# New Listings 48 180 63 185
# Sales 39 105 27 76
Average Sale Price $284,105 $285,989 $283,813 $267,645
Median Sale Price Single Family $278,776 $280,000 $275,000 $270,000
Median Sale Price Condo $192,000 $158,450 $157,500 $154,900
Total # Active Residential Listings at end of period
89 131
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of May 13, 2015.
Real Estate Market Statistics—April 2015
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of May 13, 2015.
Deforest School District April 2015 2015 YTD April 2014
2014 YTD
# New Listings 49 155 44 131
# Sales 23 88 25 70
Average Sale Price $227,980 $228,695 $208,583 $223,848
Median Sale Price Single Family $205,500 $217,000 $198,500 $213,000
Median Sale Price Condo $198,927 $218,000 $147,900 $147,900
Total # Active Residential Listings at end of period
98 91
Sun Prairie School District
April 2015 2015 YTD April 2014 2014 YTD
# New Listings 105 318 95 310
# Sales 65 195 61 199
Average Sale Price $227,290 $226,636 $210,236 $207,975
Median Sale Price Single Family $240,427 $230,000 $210,621 $223,500
Median Sale Price Condo $135,000 $142,000 $138,000 $125,000
Total # Active Residential Listings at end of period
145 210
McFarland School District April 2015 2015 YTD April 2014 2014 YTD
# New Listings 25 82 40 101
# Sales 23 57 9 31
Average Sale Price $275,567 $273,560 $238,035 $240,843
Median Sale Price Single Family $248,762 $265,000 $237,250 $230,500
Median Sale Price Condo $235,357 $235,357 $193,000 $183,700
Total # Active Residential Listings at end of period
48 78
Real Estate Market Statistics—April 2015
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of May 13, 2015.
Lodi School District April 2015 2015 YTD April 2014
2014 YTD
# New Listings 31 82 27 92
# Sales 16 37 13 32
Average Sale Price $305,075 $254,154 $233,654 $247,912
Median Sale Price Single Family $252,450 $223,000 $192,500 $195,000
Median Sale Price Condo $251,750 $240,000 $218,000 $218,000
Total # Active Residential Listings at end of period
Wisconsin Heights School District April 2015 2015 YTD April 2014 2014 YTD
# New Listings 14 45 8 44
# Sales 5 17 11 28
Average Sale Price $189,500 $326,541 $177,664 $213,250
Median Sale Price Single Family $182,500 $235,000 $174,500 $177,100
Median Sale Price Condo —- —- —- —-
Total # Active Residential Listings at end of period
46 52
Mount Horeb School District April 2015 2015 YTD April 2014 2014 YTD
# New Listings 23 70 18 72
# Sales 9 27 12 39
Average Sale Price $241,037 $301,968 $197,074 $230,465
Median Sale Price Single Family $228,000 $234,500 $198,000 $200,500
Median Sale Price Condo —- —- —- $134,000
Total # Active Residential Listings at end of period
59 68
Real Estate Market Statistics—April 2015
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of May 13, 2015.
Middleton-Cross Plains School District
April 2015 2015 YTD April 2014
2014 YTD
# New Listings 78 288 103 302
# Sales 53 133 45 126
Average Sale Price $305,877 $316,536 $361,116 $328,674
Median Sale Price Single Family $376,250 $352,500 $392,500 $337,885
Median Sale Price Condo $108,000 $123,600 $161,000 $150,000
Total # Active Residential Listings at end of period
163 204
Waunakee School District
April 2015 2015 YTD April 2014
2014 YTD
# New Listings 56 173 69 189
# Sales 21 76 20 57
Average Sale Price $354,181 $336,074 $223,420 $302,023
Median Sale Price Single Family $460,000 $374,900 $214,000 $312,250
Median Sale Price Condo $179,950 $167,450 $155,000 $155,000
Total # Active Residential Listings at end of period
128 180
Fitchburg Home Prices—April 2015
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of May 13, 2015.
Madison School District in Fitchburg
April 2015 2015 YTD April 2014
2014 YTD
# New Listings 42 126 48 115
# Sales 21 55 16 47
Average Sale Price $259,115 $250,399 $257,838 $259,282
Median Sale Price Single Family $290,250 $285,000 $295,000 $299,000
Median Sale Price Condo $206,000 $190,000 $173,500 $173,500
Total # Active Residential Listings at end of period
54 52
Verona School District in Fitchburg
April 2015 2015 YTD April 2014 2014 YTD
# New Listings 17 57 17 53
# Sales 11 25 8 19
Average Sale Price $282,327 $247,580 $315,575 $293,689
Median Sale Price Single Family $239,500 $225,250 $207,500 $207,500
Median Sale Price Condo $233,500 $255,000 $162,000 $157,500
Total # Active Residential Listings at end of period
25 43
Oregon School District in Fitchburg
April 2015 2015 YTD April 2014 2014 YTD
# New Listings 9 21 9 31
# Sales 3 13 4 12
Average Sale Price $215,333 $284,946 $306,475 $246,221
Median Sale Price Single Family $247,500 $319,950 $329,900 $192,500
Median Sale Price Condo $151,000 $151,000 $265,000 $265,000
Total # Active Residential Listings at end of period
10 20
Madison High Schools—April 2015
Lafollette High School April 2015
2015 YTD April 2014
2014 YTD
# New Listings 109 360 93 306
# Sales 91 222 50 151
Average Sale Price $189,672 $190,778 $172,670 $171,691
Median Sale Price Single Family $198,000 $197,000 $180,000 $180,000
Median Sale Price Condo $119,650 $117,300 $103,000 $102,500
Total # Active Residential Listings at end of period
150 180
West High School April 2015
2015 YTD April 2014
2014 YTD
# New Listings 139 403 143 390
# Sales 79 205 72 172
Average Sale Price $322,698 $312,395 $315,616 $292,353
Median Sale Price Single Family $287,500 $285,000 $284,000 $275,000
Median Sale Price Condo $251,500 $225,000 $280,000 $240,000
Total # Active Residential Listings at end of period
200 256
Memorial High School April 2015
2015 YTD April 2014
2014 YTD
# New Listings 181 570 170 517
# Sales 138 353 94 280
Average Sale Price $234,588 $242,364 $220,801 $229,222
Median Sale Price Single Family $250,450 $255,000 $238,500 $234,950
Median Sale Price Condo $147,450 $145,000 $146,000 $148,950
Total # Active Residential Listings at end of period
242 302
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of May 13, 2015.
East High School April 2015
2015 YTD April 2014
2014 YTD
# New Listings 97 297 103 307
# Sales 57 175 58 149
Average Sale Price $229,972 $195,559 $178,932 $182,620
Median Sale Price Single Family $177,500 $173,900 $165,250 $167,000
Median Sale Price Condo $228,500 $134,500 $119,500 $114,950
Total # Active Residential Listings at end of period
154 187
