Positive real estate news trending? http://n.pr/14tQOVS
Open House this weekend 04/05/2009 from 1-3pm. Hope to see you there!
Stop by on the Middleton Condo tour!…An end unit, a unique space with little to no maintenance in a quiet and intimate community with fantastic Southern exposure and opens to green-space. Honey-stained maple cabinetry throughout, hardwood floors, stainless appliances, stacking W/D, Lg Master WIC
Save your gas and Save Your Money, Get There Green in Madison!
There is no question that gas prices both nationally, and here in Madison, are through the roof! Everyone I know is relying a little more heavily these days on public transportation. I am therefore providing a great link which is a complete reference map for alternative transportation in Madison. This site is sponsored by the Wisconsin Department of Natural Resources and the Madison Environmental Group. It has an interactive map with all your public transportation options in Madison.
Utilizing public transportation is a great way for Madison homeowners and residents to save money on gas as well as live a little green! The fact that Madison has such great alternative transportation options is also a great reason to consider Madison and its surrounding towns as your next place to live. If you are interested in learning a litte bit more about the Madison real estate market, just send me an email and I will gladly send you a link with some great real estate buys in the Madison area.
The month of April was a good one in the Madison real estate market. The 30 year fixed rate mortgage rates remained low ranging between 5.8% and 6.1%, there was plentiful invenory available for Madison area buyers to select from, and many buyers and sellers were able to come together in real estate transactions.
Madison – Single Family Homes
There was a healthy number of single family home sales in Madison through out the month of April. We saw 158 sales representing about 42% of the total available inventory. The average list price was $290,146, while the average sold price was $259,702. The average days on market has come down to 82 for Madison single family homes. (The average days on market in the first quarter of this year was 95.)
Madison – Condominiums
The Madison condo market moved at a bit slower pace in the month of April when compared to the single family properties. We saw 57 condos sell representing about 22% of the total available inventory. The average list price was $232,368, while the average sold price was $197,995. The average days on market has increased to 159 days for Madison condos. (The average days on market in the first quarter of this year was 133 days.)
In an earlier post this week we discussed home maintenance/improvement items that would be most likely to attract Madison area buyers in this competitive real estate market. One of the items on the list, and probably the most important, was to keep your Madison property clean, uncluttered, and constantly in show ready condition. This is crucial on the exterior of your home because it will be the first impression of your curb appeal that may prompt prospective buyers to want to view your Madison property. It is therefore essential that attention has been made to your landscape and yard clean-up.
I therefore wanted to let you know that Spring Leaf and Garden Waste Collection will begin in the city of Madison on April 7th and run through May2, 2008. If you take a look at the cities site, you will be able to find specific collection pick up dates and times for your neighborhood, as well as directions on how to prepare the leaf piles. So take advantage of this great Madison city offering and get your property show ready. Give yourself the best possible advantage to effectively compete in this Madison real estate market.