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One of the most important things to success in todays real estate market is to make sure the price is right. Getting it right the first time can save time and money. This is why I like to look at and analyze the data on sales. Knowing what has been selling, at what price, and how long its been on the market gives me a special insight into the market in Middleton Hills. With this blog I hope to share some of that insight in a way that's easy to understand. Please share your thoughts and comments and always feel free to contact me with any questions.

Tuesday, November 22, 2011

Price Reduction

3302 Prairie Glade Rd is now listed for $515,000.  The house has 4 bedrooms, 3.5 bathrooms and was previously listed for $549,700.

Monday, November 21, 2011

Price Reduction

6827 Phil Lewis Way is now listed for $599,000.  This 3 bedroom, 2.5 bathroom home was previously listed at $629,000.

Monday, November 14, 2011

New Restaurant in Middleton Hills

If you were interested or have heard about it, Palmyra is a new middle eastern restaurant located in the shopping strip next to Copps grocery store.  Here is a review recently written in the Isthmus:

http://www.thedailypage.com/isthmus/article.php?article=35184

Price Reduction

3315 Prairie Glade Rd is now listed for $499,000.  This 4 bedroom, 3 bathroom home was previously listed for $519,000.

Thursday, November 10, 2011

Open Houses for Sunday 11/13

Two condos are having open houses this Sunday.

6767 Frank Lloyd Wright Ave. #321  11:30-1:30

6767 Frank Lloyd Wirght Ave. #210  2:00-4:00

Tuesday, November 8, 2011

Condos for Sale in Middleton Hills

Current Condo Listings

Address
Price
First Price
CDOM
Price/ Sq Ft
*6767 Frank Lloyd Wright Ave #311
365,000
NA
NA
272
6767 Frank Lloyd Wright Ave #321
220,000
279,900
534
164
6745 Frank Lloyd Wright Ave
269,900
280,000
217
164
6767 Frank Lloyd Wright Ave #218
189,000
239,000
291
150
6753 Frank Lloyd Wright Ave
244,900
244,900
125
196
6767 Frank Lloyd Wright Ave #210
269,500
269,500
15
201
AVG
219,117

236
191

Information based on data from FSBO Madison and the South Central Wisconsin MLS
*For Sale By Owners

No Condo Sales for October

Single Family Homes For Sale in Middleton Hills

Current Single Family Listings

Address
Price
First Price
CDOM
Price/Fin Sq Ft.
6901 Ramsey Rd
$479,000
$509,000
111
$171.00
3302 Prairie Glade Rd
$549,700
$574,900
80
$151.00
6827 Phil Lewis Way
$629,000
$649,000
126
$177.00
3312 River Birch Ln
$485,500
$509,000
71
$206.00
6813 Phil Lewis Way
$380,000
$380,000
146
$205.00
3315 Prairie Glade Rd
$519,000
$519,000
53
$158.00
**6988 Harmony Way
$499,900
$499,900
25
$179.00
*3301 Glacier Ridge Rd
$395,000
$395,000
NA
$165.00
                      AVG
                  AVG
          AVG
                                                  AVG
$492,138
$504,475
87
$177.00



** Has an accepted offer.  *For Sale By Owner

Middleton Hills Home Sales October

Address First
Price
Last
Price
Sold
Price
SP/FP SP/LP Cum.
Days on
Market
# Days
From Last
Price Change
Until Offer
6996 Harmony Way 465,000 465,000 465,000 100% 100% 5 5
6820 Aldo Leopold Way 524,500 524,500 515,000 98% 98% 5 5
Average Total $494,750 $494,750 $490,000 99% 99% 5 5
6708 Also Leopold Way 750,000 750,000 39 39 *pending


October's 2 sales is two better than October 2010 and now leaves the total number of sales for the year at 15 (a previous post mistakenly showed 15 sales when, in fact, there were only 13 at the time).  This year's pace is still slightly off of 2010 when there were 18 sales through October.  However, with a sale currently pending and another accepted offer, 2011 is still far ahead of the bottom reached in 2009, when there were only 12 sales all year.

NEW LISTING

3301 Glacier Ridge Rd is a 3 bedroom, 2.5 bathroom home with 2400 square feet.  The list price is $395,000.