April Single Family Sales

There was only one single family sale in April, bring the year's total to 4.  This is a decrease from 7 sales in the first four months of last year.  So far, this year's sales include a 3 bedroom, two 4 bedrooms, and one 5 bedroom home with the average sale price at $542,250.  In last year's 7 sales through April there were three 3 bedroom, three 4 bedroom and one 5 bedroom home sold with and average sale price of $502,571.  It would appear that home prices have increased, however,  when comparing price per square foot they have actually decreased from $173 to $148.  The homes that have sold so far this year have had a much larger average square footage than last year. 

While reports in the State Journal have been showing sales increases of 50% over last year for Dane County the vast majority of this increase came from homes under $250,000.  Looking higher priced homes (>400k) in Middleton, Middleton Hills contirbuted over a third of sales so far this year (4 of 11).  In 2011 the neighborhood had 1/3 of sales over 400K through April.  With Middleton Hills accounting for such a large percentage of sales it seems it is still a very popular community to live.

Address	First Price	Last Price	Sold Price	SP/FP	SP/LP	Cum. Days on Market	# Days From Last Price Change Until Offer
6827 Phil Lewis Way	649,000	599,000	510,000	79%	85%	233	62
Average Total	$649,000	$599,000	$510,000	79%	85%	233	62

Open House @ 6959 Apprentice Pl 4/29

There will be an open house from 11am-1pm tomorrow.  This 1700 square foot home with 2 bedrooms and 3.5 bathrooms also recently has undergone a price reduction to $312,500.

Open Houses for Sunday, 4/22

3312 River Birch Ln and 6959 Apprentice Place with both be open from 1-3pm this Sunday.  The other open house will be at 3539 Strawberry Loop from 12-4pm.

NEW LISTINGS

There are two new listings that recently came on the market.  While one of them is technically not part of the neighborhood it it right next door and has the same architecture so I decided to include it.  This house being 3728 Pheasant Branch Rd.  It has 5 bedrooms, 3.5 bathrooms, and 3548 square feet.  The list price is $599,000.  The other new listing is 6901 Ramsey Rd.  This house has 3 bedrooms, 2.5 bathrooms, and 2795 square feet.  It's list price is $499,000.

Price Reduction and Open House at 6839 Phil Lewis Way

There will be an open house tomorrow (4/15) from 2-4pm.  The price on this 4 bedroom, 3 bathroom home has also been reduced from $525,000 to $499,900.

NEW LISTING!

Another condo has hit the market in Middleton Hills.  It is a 2 bedroom, 2 bathroom in Gardd Parc and has 1320 square feet.  The list price is $259,000.  There will be an open house tomorrow (4/15) from 1-3pm.

NEW LISTING!

There will now be another larger home on the market in Middleton Hills.  3527 John Muir Dr has 5 bedrooms, 4.5 bathrooms, and 3384 square feet.  It is listed for $675,000.