Madison WI Condo Market Trends: Oct and Nov 2016

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Dan Miller

The Madison condo market remains very strong as we approach the end of 2016. Get all the latest details here.

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Madison Wisconsin
Condominium
Market Trends
OCTOBER and NOVEMBER, 2016
All Data Sourced from the South Central WI MLS
Compiled by Dan Miller, MadCityDreamHomes.com
Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071

Madison WI Condo Market
October/November 2016 Summary
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
 A STRONG MARKET continues for Madison condo sellers
 The market is VERY FAVORABLE for sellers with condos
priced under $250,000.
 Condo sales are HIGH even though inventory is low
 Condo listings are expiring at LOW levels
 Condos are selling FASTEST THAN EVER
 Madison condo prices are NEARING PEAK HIGHS

2016 Madison Condo Prices
Nearing Historical Highs
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
** Condo prices are up 5% through
October, 2016 **

Nov Madison Condo Supply Only
2.7 Months of Inventory
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
29% of all listings
have an accepted offer.

2016 New Madison Condo Listings:
Low Supply of Incoming Listings
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Low supply of
New MLS listings is
benefitting sellers.

2016 Madison Condo Sales
4th Highest Ever through October
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071

2016 Expired Condo Listings
Lowest Ever through October
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Sign of a
SELLERS MARKET

2016 Condo Expiration Rate
Lowest Expiration Rate on Record
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Indicates a
SELLERS MARKET

2016 Condo Days on Market:
Lowest Ever through October
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
A result of
low supply and
high demand

For More Info on the Madison
Condominium Market:
MadCityDreamHomes.com/madison-condo-report.php
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Dan Miller
• 608-852-7071
• dan@madcitydreamhomes.com
Chris Venden
• 608-279-7852
• chris@madcitydreamhomes.com
Tammy Steiner
• 608-290-1059
• tammy@madcitydreamhomes.com
Shelley Lazzareschi
• 608-215-3873
• shelley@madcitydreamhomes.com

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Premium Villa Projects in Sarjapur Road Bengaluru

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Kohinoor Hinjewadi Phase 2 is to offer 2 BHK & 3 BHK luxury residential apartments, a comfortable living condition to the residents by encompassing and adding to its existing many facilities. This project is a residential project developed by Kohinoor Group at Hinjewadi in Pune. Also, Provides illustrates the perfect blend of luxury, convenience, and sustainability. For More Info Visit Here:- kohinoor.developerprojects.in

Kohinoor Flats In Hinjewadi Phase 2 | Homes Built To Suit Your Needs

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