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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.

Wednesday, February 29, 2012

Accepted Offers

3315 Prairie Glade Rd and 6827 Phil Lewis Way both now have accepted offers.  3315 Prairie Glade is a 4 bedroom, 3 bathroom home with 3287 square feet and a list price of $475,000.  6827 Phil Lewis is listed for $599,000 and has 3 bedrooms, 2.5 bathrooms and 3550 square feet.

New Listing!

6959 Apprentice Pl is now on the market.  It has 2 bedrooms, 3.5 bathrooms, and 1700 square feet.  The list price is $325,000.

Price Reduction/Open House

3539 Strawberry Loop is now listed for $409,900.  This home has 3 bedrooms, 3.5 bathrooms, and 2368 Square feet. 

An open house is scheduled for Saturday, March 11th from 12-4.

Saturday, February 25, 2012

3315 Prairie Glade Rd Re-Listed

This 4 bedroom, 3 bathroom home is now back on the market and listed for $475,000. 

Friday, February 17, 2012

Current Condos for Sales

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
635
164
6767 Frank Lloyd Wright Ave #218
179,000
239,000
392
142
6753 Frank Lloyd Wright Ave
239,900
244,900
226
192
6767 Frank Lloyd Wright Ave #210
269,500
269,500
116
201
AVG
254,680

342
194






Information based on data from FSBO Madison and the South Central Wisconsin MLS

*For Sale By Owner

Current Homes for Sale

Address
Price
First Price
CDOM
Price/Fin Sq Ft.
6827 Phil Lewis Way 
$599,000
$649,000
228
$169
3312 River Birch Ln
$485,500
$509,000
172
$206
3302 Prairie Glade Rd
$489,500
$574,900
185
$135
3539 Starwberry Loop**
$414,900
$414,900
NA
$153
3301 Glacier Ridge Rd*
$395,000
$395,000
NA
$207
                      AVG
                  AVG
          AVG
                                                         AVG
$476,780
$508,560
           135
$174
**for sale by owner
* Limited Service(SQFT price reflects change in square footage entered into MLS)

3301 Glacier Ridge is still listed on FSBO.com and is now also listed in the MLS as a Limited Service listing.

Middleton Hills Lots for Sale

Street Address
Lot #
SQFT
Price
6841 Ramsey Rd
417
5616
$173,900
6821 Ramsey Rd
422
6013
$177,900
6817 Ramsey Rd
423
5643
$174,900
6813 Ramsey Rd
424
5173
$170,900
6809 Ramsey Rd
425
4758
$167,000
3486 Glacier Ridge Rd
400
6963
$198,900
3414 Glacier Ridge Rd
408
7014
$270,000

The Ramsey Rd lots are at the top of a hill with a view over the neighborhood.  They all also back to a green space and are across the street from a park.  The Glacier Ridge lots also have park space both behind and across the street from them. 

January Home and Condo Sales

There were no condo or single family homes sold in Middleton Hills in January. For condos this is not unusual as there has only been one sale in the month of January over the past 5 years. In the single family market this follows the pattern of no sales over the past couple years. However, prior to that there were several years running with at least 1 sale to start off the year. Of note is the the opening of lots for sale for the final phase of the neighborhood's residential development.  Some of these were open to purchase starting last year and have already sold but there are still currently 5 for sale on Ramsey Rd and 3 on Glacier Ridge Rd.  The following post lists the residential lots still available.