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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.

Thursday, May 3, 2012

April Condo Sales

There was one sale in April.  This is also off the pace off last year when there were 3 sales in the first 4 months.  Middleton Hills has not experienced the increase in condo sales seen in Dane County as a whole.  However, this does not mean the neighborhood is in bad shape compared to county condo sales.  While there is currently 16 months of inventory (based on the 1 sale in 4 months) this is on par with the overall picture in the condo market right now.

First
Price
Last
Price
Sold
Price
SP/FP SP/LP Cum.
Days on
Market
# Days
From Last
Price Change
Until Offer
274,900 179,000 179,000 65% 100% 409 37
$274,900 $179,000 $179,000 65% 100% 409 37

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