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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, April 3, 2012

April Condo Listings

There has been another accepted offer on a condo in Gardd Parc.  Unit #321 has joined #218 as having an offer accepted.  There has also been a price change at unit #311.  It is now listed for $359,000 which is down from $365,000. 

In all of the City of Middleton there have been 23 condo sales since last August.  Of those sales 12 sold for $125,000 or less, 5 sold for $300,000 or more, and 6 sold for somewhere in between.  In this mid-price range, condos in Middleton Hills accounted for 3 of those 6 sales.  Both units with current accepted offers also fit into this price range.  This mid-price range seems to be the current sweet spot as 6 of 10 condos in the city that are pending sales or have accepted offers fit those prices.


Address
Price
First Price
CDOM
Price/ Sq Ft
*6767 Frank Lloyd Wright Ave #311
359,000
365,000
NA
267
^6767 Frank Lloyd Wright Ave #321
220,000
279,900
681
164
^6767 Frank Lloyd Wright Ave #218
179,000
239,000
438
142
6753 Frank Lloyd Wright Ave
239,900
244,900
272
192
6767 Frank Lloyd Wright Ave #210
269,500
269,500
162
201
AVG
253,480
279,660
388
193






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

*For Sale By Owner

^Has an accepted offer

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