Special offer

Madison, WI Real Estate News

By Bob Bentley
(Bentley Realty Group, LLC)
For the week ending May 20, 2009 The average listing price of homes for sale in Madison made a very slight increase of .8% during the past week from $247,608 last week to $249,644 this week. The median sales price for the quarter dropped from $210,000 to $208,500. There are currently 2629 homes for sale in Madison compared to last week of 2621. Foreclosures are actually beginning to drop a bit and are getting closer to 170 each week. Bob 608-235-6701 bob@bentleyrealtygroup.net www.bentleyrealtygroup.net Bentley Realty Group is Your Clear Choice in Madison Area Real Estate! The real estate market data provided was obtained from Trulia.com Information is deemed reliable, but not guaranteed.
Comments 0
By Bob Bentley
(Bentley Realty Group, LLC)
Madison has been named one of the top 10 Best Cities of 2009 by Kiplinger's Personal Finance. The financial publication and website put Madison at No. 7 in a list gauging a city's job growth potential, the quality of the positions and the ability to hang onto those jobs when the economy softens. Kiplinger's said "with a jobless rate three percentage points below the national average, Madison's ready-made economy feeds off of its two largest assets, the University of Wisconsin and the state capital. But these two institutions only account for 20 percent of Madison's jobs, the rest come from its strong mix of tech and biotech firms." View this video - Madison Bob 608-235-6701 bob@bentleyrealtygroup.net www.bentleyrealtygroup.net Bentley Realty Group is Your Clear Choice in Madison Area R...
Comments 0
By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
Active Price Range Number of Listings Average Days On Market $200,000 - $224,999 1 28 $225,000 - $249,999 5 110 $275,000 - $299,999 4 100 $300,000 - $324,999 3 183 $325,000 - $349,999 6 97 $350,000 - $399,999 5 93 $400,000 - $499,999 7 48 $500,000 - $599,999 7 99 $600,000 - $699,999 10 91 $700,000 - $799,999 1 7 $800,000+ 2 127   Number of Listings Average Days On Market Median Price Average Price Maximum Price Minimum Price 51 94 $425,000 $465,921 $980,000 $209,900   Sold Price Range Number of Listings Average Days On Market $200,000 - $224,999 1 254 $225,000 - $249,999 2 186 $250,000 - $274,999 4 92 $300,000 - $324,999 2 175 $325,000 - $349,999 1 1 $350,000 - $399,999 4 4 $400,000 - $499,999 3 122 $500,000 - $599,999 1 55 $600,000 - $699,999 1 39   Number of Listings Average Days On ...
Comments 0
By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
  Week Ending 25-May Inventory 2009 2008 %Change Downtown Houses 29 39 -34% Downtown Condos 214 187 13% West Houses 764 816 -7% West Condos 821 966 -18% East Houses 499 593 -19% East Condos 429 434 -1% Total Houses 1292 1448 -12% Total Condos 1464 1587 -8% Grand Total 2756 3035 -10% Market Indicators UWCU 30 Mortgage Rate 4.88% 5.88% -21% Keller Williams Listings* 258 498 -93% # of showings on KW Listings 141 139 1% 3 week trend 47 143 -204% 6 week trend 24 149 -59% % of listings with showings 54.65% 27.91% -59% Av DOM for KW ACT Listings 113 180 -59% *KW Listings in Dane County for 09 and WI for 08
Comments 0
By Darren Kittleson, CRB, SRS, RENE-Madison WI
(Keller Williams Realty)
One of the really cool things about living in the central city is the vibrant community groups that seem to thrive here. One of them is the Capitol Neighborhood, Inc.   If you want to get plugged in to what's happening both on a cultural and quality of living standpoint in central Madison, joining this group is a must. Visit their website by clicking here. I just wanted to share 2 upcoming events that might be of interest to my readers: 1)  Architecture of Downtown Madison-May 28 at 7 p.m.  Gate of Heaven in James Madison Park.  Jim Drager, deputy preservation officer with the WI Historical Society will help us recognize architectural styles, discuss notable Madison architects and lead a discussion on new ways to think about the places we think and work.  2)  Annual Meeting featuring Ma...
Comments 3
By Darren Kittleson, CRB, SRS, RENE-Madison WI
(Keller Williams Realty)
Just this past week my team closed on a listing we took in late April. What's extraordinary in that?  At first blush absolutely nothing.  In fact getting a buyer and seller to closing is part of what we get paid to do in this business.  At the closing table both Buyer and Seller were very amicable with each other.  In fact the Buyers are moving to Madison from the area of the country the Seller is moving back to.  They even discovered they know some of the same people.  (Small world). Anyway at closing I was thinking.  This house was 82 years old.  This new Buyer is going to be the 4th family to own this house.  Other than when the original owner built the house in the 1930's and subsequently lived in it for 60+ years, I've been involved in EVERY SALE of the HOUSE since then! That's rig...
Comments 0
By Bob Bentley
(Bentley Realty Group, LLC)
For the week ending May 13, 2009 The average listing price of homes for sale in Madison made a very slight decline of 1% during the past week from $249,428 last week to $247,608 this week. The median sales price for the quarter remained consistent at $210,000. There are currently 2621 homes for sale in Madison compared to last week of 2544. Foreclosures continue to hover close 180 each week.          Bob 608-235-6701 bob@bentleyrealtygroup.net www.bentleyrealtygroup.net Bentley Realty Group is Your Clear Choice in Madison Area Real Estate! The real estate market data provided was obtained from Trulia.com Information is deemed reliable, but not guaranteed.
Comments 0
By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
MADISON, WI - Wisconsin home sales and median prices both fell in the first quarter of 2009 compared to that same quarter last year according to data just released by the Wisconsin REALTORS® Association (WRA). The lingering national recession caused unemployment in Wisconsin to increase significantly during the first three months of the year, resulting in the housing market drop, according tot he WRA. "The housing market doesn't operate in a vacuum," said Michael Mulleady, Chairman of the Board of the WRA. "The national economic environment drives Wisconsin's economy and that in turn drives our housing market." Mulleady noted the national economy shrank by more than 6 percent in the first quarter, causing Wisconsin's unemployment rate to jump from 5.9 percent in December 2008 to 8.5 per...
Comments 0
By Bob Bentley
(Bentley Realty Group, LLC)
For the week ending May 6, 2009 The average listing price of homes for sale in Madison made another slight jump up by 1% during the past week from $246,904 last week to $249,428 this week. The median sales price for the quarter remained consistent at $210,000. There are currently 2544 homes for sale in Madison compared to last week of 1966. Foreclosures continue to hover close 180 each week.   Bob 608-235-6701 bob@bentleyrealtygroup.net www.bentleyrealtygroup.net Bentley Realty Group is Your Clear Choice in Madison Area Real Estate! The real estate market data provided was obtained from Trulia.com Information is deemed reliable, but not guaranteed.
Comments 0
By Bob Bentley
(Bentley Realty Group, LLC)
For the week ending April 29, 2009 The average listing price of homes for sale in Madison made a 2.4% drop during the past week from $253,104 last week to $246,904 this week. The median sales price for the quarter dropped from $210,500 to $205,500. There are currently 1966 homes for sale in Madison compared to last week of 1969. Foreclosures continue to hover close 180 each week.         Bob608-235-6701 bob@bentleyrealtygroup.net www.bentleyrealtygroup.net Bentley Realty Group is Your Clear Choice in Madison Area Real Estate! The real estate market data provided was obtained from Trulia.com Information is deemed reliable, but not guaranteed.
Comments 0
By Bob Bentley
(Bentley Realty Group, LLC)
April 2009    Single Family Homes Condos All New Listings 235 125 360 Currently Listed 869 1008 1877 Average List Price $375,469 $237,661 $301,462 Number Sold 83 36 119 Average List Price – Sold $284,850 $212,583 $262,988 Average Sale Price $271,183 $204,087 $250,885 Average Days on Market 94 94 94   Compared to Last Month (March)   Single Family Homes Condos All New Listings 163 105 268 Currently Listed 546 825 1371 Average List Price $333,223 $268,924 $294,531 Number Sold 51 12 63 Average List Price – Sold $244,851 $203,916 $237,054 Average Sale Price $236,659 $194,825 $228,691 Average Days on Market 81 103 85   Bob 608-235-6701 bob@bentleyrealtygroup.net www.bentleyrealtygroup.net Bentley Realty Group is Your Clear Choice in Madison Area Real Estate! Information obtained from the Sou...
Comments 0
By Bob Bentley
(Bentley Realty Group, LLC)
April 2009   Single Family Homes Condos All New Listings 184 79 263 Currently Listed 610 540 1150 Average List Price $283,280 $204,112 $246,106 Number Sold 54 18 72 Average List Price – Sold $197,467 $159,027 $187,857 Average Sale Price $187,611 $149,816 $178,162 Average Days on Market 79 103 85   Compared to Last Month (March)   Single Family Homes Condos All New Listings 122 48 170 Currently Listed 408 402 810 Average List Price $217,704 $195,243 $206,557 Number Sold 43 11 54 Average List Price – Sold $196,340 $149,600 $186,819 Average Sale Price $187,562 $145,881 $179,071 Average Days on Market 86 174 104   Bob 608-235-6701 bob@bentleyrealtygroup.net www.bentleyrealtygroup.net Bentley Realty Group is Your Clear Choice in Madison Area Real Estate! Information obtained from the South C...
Comments 0
By Bob Bentley
(Bentley Realty Group, LLC)
Below is an article from the Wisconsin State Journal, showing once again why Madison is a great place to live!! TUE., APR 28, 2009 - 12:44 PM Madison is No. 2 among uniquely American communities State Journal staff Madison has been ranked second behind Wichita, Kan., in a list of the "Most Uniquely American Cities & Towns" by Newsmax magazine. The magazine commissioned Peter Greenberg, travel editor for NBC’s "Today Show" and a travel book author, to compile the list. He evaluated 25 cities using nine criteria: hospitality, wholesomeness, family friendliness, business friendliness, devotion to religion, culture, community activities, scenic beauty and education. The only other Wisconsin city on the list was Milwaukee, at No. 11. "One of America’s most attractive cities," the magazine sa...
Comments 0
By Bob Bentley
(Bentley Realty Group, LLC)
For the week ending April 22, 2009 The average listing price of homes for sale in Madison made a nice increase of 1.2% during the past week from $250,013 last week to $253,104 this week. The median sales price for the quarter dropped from $215,000 to $210,500. There are currently 1969 homes for sale in Madison. Foreclosures continue to hover close 180 each week.   Bob 608-235-6701 bob@bentleyrealtygroup.net www.bentleyrealtygroup.net Bentley Realty Group is Your Clear Choice in Madison Area Real Estate! The real estate market data provided was obtained from Trulia.com Information is deemed reliable, but not guaranteed.
Comments 0
By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
  Madison, WI Weekly Report April 27, 2009            Week Ending  27-Apr               Inventory   2009 2008 %Change   Downtown Houses 29 34 -17%   Downtown Condos 216 199 8%   West Houses 748 805 -8%   West Condos 823 968 -18%   East Houses 489 544 -11%   East Condos 432 454 -5%   Total Houses 1266 1383 -9%   Total Condos 1471 1621 -10%   Grand Total 2737 3004 -10%           Market Indicators                   UWCU 30 Mortgage Rate 4.88% 6.13% -26%   Keller Williams Listings* 268 493 -84%   # of showings on KW Listings 154 153 1%   3 week trend 147 155 -5%   6 week trend 139 145 -4%   % of listings with showings 57.46% 31.03% 46%   Av DOM for KW ACT Listings 121 184 -52%             *KW Listings in Dane County for 09 and WI for 08  
Comments 0
By Jennifer Stauter
(Stark Company, Realtors)
IRS Guidance for Filing for the First-Time Homebuyer Tax Credit Under the American Recovery and Reinvestment Act of 2009, qualifying taxpayers who purchase a home before Dec. 1 receive up to $8,000 or $4,000 for married individuals filing separately. The IRS recently released additional information to help homebuyers understand the ways they can file to claim the $8,000 first-time homebuyer credit for 2009 home purchases. For people who recently purchased a home (closed or took up residence in new construction) or are considering buying in the next few months, there are several different ways that they can get this tax credit even if they've already filed their tax return. The Treasury Department encourages taxpayers to explore these options to maximize their credit and get their money ...
Comments 0
By Real Estate Guy in Madison, Wisconsin, Real Estate Guy
(Powered by: Real Broker LLC)
Yes, MADISON HOT BUYS.COM Real estate Guy team, is pleased to announce a new Website dedicated to providing you the purchasing public what you want- what everybody asks for,   that is "A Steal"   "Foreclosure special" "A bargain" "A hot buy" MADISON HOT BUYS.COM We take time on a regular basis, to scour the available listings from ALL companies and we select the best buys.   Selection is from our knowledge of neighborhoods, pictures and price and other relevant details.  What is it again? MADISON HOT BUYS.COM yes just try it!!!  in one click www.madisonhotbuys.com Follow us on twitter to be notified when the list is updated. Follow Guy on Twitter  Search all area homes for free in Madison Wi
Comments 3
By Bob Bentley
(Bentley Realty Group, LLC)
For the week ending April 8, 2009 The average listing price of homes for sale in Madison made a nice increase of 1.2% during the past week from $249,292 last week to $252,333 this week. The median sales price for the quarter remained at $215,000. There are currently 1975 homes for sale in Madison, compared to 2460 last week. Foreclosures continue to hover close 180 each week. Bob 608-235-6701 bob@bentleyrealtygroup.net www.bentleyrealtygroup.net Bentley Realty Group is Your Clear Choice in Madison Area Real Estate! The real estate market data provided was obtained from Trulia.com Information is deemed reliable, but not guaranteed.
Comments 0
By Real Estate Guy in Madison, Wisconsin, Real Estate Guy
(Powered by: Real Broker LLC)
  Real Estate Guy team ends up helping quite a few home owners who start off trying to go on their own, infact it is one of the learning curve for some home owners who see not using a professional as a a way to save money.  Fact is it rarely works out that way.  Infact, 70% of people who initially start out on their own end up with a Realtor.  But the fact is some people try.  So I thought i would write about how the Real Estate Guy team in Madison Wisconsin, offers help to this group of people.   We wish them luck! First I call to introduce myself as a top profesional in the area.  I offer the reassurance of having a professional who is willing to answer questions the owner may have, prior to any kind of relationship.  In return I agree to follow up and check in with them on a weekly o...
Comments 0
By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
       Week Ending  13-Apr                   Inventory   2009 2008 %Change     Downtown Houses 29 32 -10%     Downtown Condos 209 203 3%     West Houses 748 794 -6%     West Condos 899 941 -5%     East Houses 489 545 -11%     East Condos 428 456 -7%     Total Houses 1266 1371 -8%     Total Condos 1536 1600 -4%     Grand Total 2802 2971 -6%               Market Indicators                       UWCU 30 Mortgage Rate 5.00% 5.75% -15%     Keller Williams Listings* 252 490 -94%     # of showings on KW Listings 140 154 -10%     3 week trend 136 153 -12%     6 week trend 123 133 -8%     % of listings with showings 55.56% 31.43% 43%     Av DOM for KW ACT Listings 120 182 -52%                 *KW Listings in Dane County for 09 and WI for 08    
Comments 0