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Madison, WI Real Estate News

By Bob Bentley
(Bentley Realty Group, LLC)
For the week ending April 1, 2009 The average listing price of homes for sale in Madison dropped slightly (.1%) during the past week from $249,527 last week to $249,292 this week. The median sales price for the quarter rose from $215,000 last quarter to $223,000 this quarter. There are currently 2460 homes for sale in Madison, compared to 2396 last week. Of no surprise, foreclosures continue to increase.  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.
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By Real Estate Guy in Madison, Wisconsin, Real Estate Guy
(Powered by: Real Broker LLC)
A couple of recently received Testimonials make it all worth while.    "Warmth, caring, non-judgmental, negotiation with the credit union for the short sale, stellar professionalism, engendered great trust, not pushy at all, very respectful ~ I have never net or worked with a sales person with the level of integrity that Guy possesses.  His warmth, caring, non-judgmental & professionalism engendered the highest trust and confidence.  I give him the highest recommendation." Cecilia Pohs   "Thank you so much.  In the short time (what 2 - 3 weeks?) that you have had the house listed, you have shown it more times than my last two agents put together over a 9 month period.  I appreciate your work and I'm not at all surprised that you SOLD it" Al and Damita Wren Real Estate Guy sells homes in...
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By Bob Bentley
(Bentley Realty Group, LLC)
For the week ending March 25, 2009 Although we've seen an upward trend in listing prices recently, this past week did drop slightly by less than .1%. This was an insignificant drop as far as I'm concerned. The average listing price of homes for sale in Madison went down from $249,527 last week to $249,435 this week. The median sales price for the quarter remained at $215,000. There are currently 2010 homes for sale in Madison, compared to 2396 last week. Foreclosures rose from 150 last week to 176 this 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.
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By Bob Bentley
(Bentley Realty Group, LLC)
March 2009   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 Compared to Last Month (February)   Single Family Homes Condos All New Listings 120 70 190 Currently Listed 448 707 1155 Average List Price $331,085 $253,943 $283,865 Number Sold 31 11 42 Average List Price – Sold $245,061 $187,854 $230,078 Average Sale Price $230,450 $180,377 $217,335 Average Days on Market 104 106 104 Bob 608-235-6701 bob@bentleyrealtygroup.net www.bentleyrealtygroup.net Your Clear Choice in Madison Area Real Estate! Information obtained from the South Central Wisconsin MLS, ...
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By Bob Bentley
(Bentley Realty Group, LLC)
March 2009   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 Compared to Last Month (February)   Single Family Homes Condos All New Listings 93 56 149 Currently Listed 457 448 905 Average List Price $216,651 $193,515 $205,198 Number Sold 16 8 24 Average List Price – Sold $209,059 $148,400 $188,839 Average Sale Price $197,617 $145,712 $180,315 Average Days on Market 71 189 110 Bob 608-235-6701 bob@bentleyrealtygroup.net www.bentleyrealtygroup.net Your Clear Choice in Madison Area Real Estate! Information obtained from the South Central Wisconsin MLS, deeme...
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By Bob Bentley
(Bentley Realty Group, LLC)
For the week ending March 18, 2009 We're seeing a very good trend in the Madison area market with the average listing price of homes for sale in Madison consistently going up. It went up again this week by .3% from $248,749 last week to $249,527 this week. The median sales price for the quarter remained at $215,000. There are currently 2396 homes for sale in Madison, compared to 2370 last 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.
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
       Week Ending  23-Mar               Inventory   2009 2008 %Change   Downtown Houses 26 21 19%   Downtown Condos 213 200 6%   West Houses 731 766 -5%   West Condos 887 922 -4%   East Houses 473 544 -15%   East Condos 425 415 2%   Total Houses 1230 1331 -8%   Total Condos 1525 1537 -1%   Grand Total 2755 2868 -4%           Market Indicators                   UWCU 30 Mortgage Rate 4.88% 6.00% -23%   Keller Williams Listings* 242 480 -98%   # of showings on KW Listings 123 99 20%   3 week trend 109 112 -3%   6 week trend 103 123 -19%   % of listings with showings 50.83% 20.63% 59%   Av DOM for KW ACT Listings 228 185 19%             *KW Listings in Dane County for 09 and WI for 08  
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By Matthew Costello, Bringing Buyers & Sellers Together
(Real Broker LLC)
With foreclosures on the rise in Dane County, we are asking buyers who have expressed interest, to get involved with our NEW foreclosure caravan. Mimicking the popular TLC television show "Deals On a Bus," our foreclosure specialists hope to match you with properties that are undervalued because of the economy or foreclosure.Join us every Saturday from 10 a.m. to 2 p.m. and tour the "best of the best bank owned properties with the "best of the best pricing"! Most of these homes are now priced back to the year 2000. We have done all of the leg work for you! Please RSVP by either email or respond to our Evite. Feel free invite anyone that you think would be interested in investment real estate. Feel free invite anyone that you think would be interested in investment real estate.  http://w...
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By Bob Bentley
(Bentley Realty Group, LLC)
For the week ending March 11, 2009 The average listing price of homes for sale in Madison went up again this week by 1.5% from $245,122 last week to $248,749 this week. The median sales price for the quarter dropped a bit from $225,000 last quarter to $215,000 this quarter. There are currently 2370 homes for sale in Madison, compared to 2298 last 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.
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
       Week Ending  16-Mar               Inventory   2009 2008 %Change   Downtown Houses 25 21 16%   Downtown Condos 206 199 3%   West Houses 723 734 -2%   West Condos 881 926 -5%   East Houses 465 533 -15%   East Condos 414 413 0%   Total Houses 1213 1288 -6%   Total Condos 1501 1538 -2%   Grand Total 2714 2826 -4%           Market Indicators                   UWCU 30 Mortgage Rate 5.00% 6.13% -23%   Keller Williams Listings* 238 453 -90%   # of showings on KW Listings 105 110 -5%   3 week trend 98 122 -24%   6 week trend 98 128 -31%   % of listings with showings 44.12% 24.28% 45%   Av DOM for KW ACT Listings 225 185 18%             *KW Listings in Dane County for 09 and WI for 08  
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By Real Estate Guy in Madison, Wisconsin, Real Estate Guy
(Powered by: Real Broker LLC)
  Real Estate Guy is happy to provide a new update of homes.  As these homes are good value, they are selling quickly, so there is a good change over.  Gain access to RealEstateGuy's specially selected and screened hot list.  Let Real Estate Guy help you find your great home.  Real Estate Guy sells homes with Keller williams in Madison wi
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By Jennifer Stauter
(Stark Company, Realtors)
Chapter 2 She and He decided to forgo their Realtors advice and go with Uncle B's 3rd cousin from his first marriage for their mortgage.  He was almost family..... right? What could go wrong?   It was a new day!  He and She set up an appointment with their Realtor on Tuesday at 10 AM.  In the meantime, He decided that he was going to do some house shopping on the Internet.  He looked for several hours at every website known to man.  Finally, He found a house that seemed to be too good to be true.  To see the house all He needed to do was fill out an online survey - he had already filled out a bunch of those surveys so he figured - what the heck.  He finished up the survey & pressed the info send button.  All of a sudden his screen went black - then a message started to flash on his scr...
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By Bob Bentley
(Bentley Realty Group, LLC)
For the week ending March 4, 2009 The average listing price of homes for sale in Madison went up 1.1% from $242,361 last week to $245,122 this week. The median sales price for the quarter increased significantly from $205,000 last quarter to $225,000 this quarter. There are currently 2298 homes for sale in Madison, compared to 2279 last 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.
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
       Week Ending  9-Mar               Inventory   2009 2008 %Change   Downtown Houses 24 22 8%   Downtown Condos 203 195 4%   West Houses 704 720 -2%   West Condos 868 922 -6%   East Houses 455 541 -19%   East Condos 411 420 -2%   Total Houses 1183 1283 -8%   Total Condos 1482 1537 -4%   Grand Total 2665 2820 -6%           Market Indicators                   UWCU 30 Mortgage Rate 5.00% 6.38% -28%   Keller Williams Listings* 247 476 -93%   # of showings on KW Listings 98 127 -30%   3 week trend 94 136 -45%   6 week trend 92 135 -46%   % of listings with showings 39.68% 26.68% 33%   Av DOM for KW ACT Listings 220 198 10%             *KW Listings in Dane County for 09 and WI for 08  
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By Bob Bentley
(Bentley Realty Group, LLC)
For the week ending February 25, 2009 The average listing price of homes for sale in Madison went down .5% from $243,507 last week to $242,361 this week. The median sales price for the quarter remained at $205,000. There are currently 2279 homes for sale in Madison, compared to 2251 last week. Bob 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.
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By Real Estate Guy in Madison, Wisconsin, Real Estate Guy
(Powered by: Real Broker LLC)
Real Estate Guy in Madison WI has udated the list of hot properties.  We have taken a selection of good value homes.  Short sales, bank owned, and just plain motivated sellers with "right priced " homes.  We have set up a landing page for you to book mark and come back soon.  Find Madison's hot buy list or follow us on Twitter    
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By Bob Bentley
(Bentley Realty Group, LLC)
February 2009   Single Family Homes Condos All New Listings 120 70 190 Currently Listed 448 707 1155 Average List Price $331,085 $253,943 $283,865 Number Sold 31 11 42 Average List Price – Sold $245,061 $187,854 $230,078 Average Sale Price $230,450 $180,377 $217,335 Average Days on Market 104 106 104 Compared to Last Month (January)   Single Family Homes Condos All New Listings 158 111 269 Currently Listed 689 992 1681 Average List Price $382,855 $265,417 $313,552 Number Sold 33 8 41 Average List Price – Sold $302,311 $150,362 $272,663 Average Sale Price $289,505 $142,012 $260,726 Average Days on Market 90 128 98 Bob bob@bentleyrealtygroup.net www.bentleyrealtygroup.net Information obtained from the South Central Wisconsin MLS, deemed reliable, but not guaranteed.
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
       Week Ending  2-Mar               Inventory   2009 2008 %Change   Downtown Houses 23 23 0%   Downtown Condos 208 191 8%   West Houses 676 684 -1%   West Condos 873 918 -5%   East Houses 456 534 -17%   East Condos 405 407 0%   Total Houses 1155 1241 -7%   Total Condos 1486 1516 -2%   Grand Total 2641 2757 -4%           Market Indicators                   UWCU 30 Mortgage Rate 5.25% 6.13% -17%   Keller Williams Listings* 239 464 -94%   # of showings on KW Listings 91 128 -41%   3 week trend 97 134 -38%   6 week trend 88 138 -57%   % of listings with showings 38.08% 27.59% 28%   Av DOM for KW ACT Listings 239 200 16%             *KW Listings in Dane County for 09 and WI for 08  
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By Bob Bentley
(Bentley Realty Group, LLC)
February 2009   Single Family Homes Condos All New Listings 93 56 149 Currently Listed 457 448 905 Average List Price $216,651 $193,515 $205,198 Number Sold 16 8 24 Average List Price – Sold $209,059 $148,400 $188,839 Average Sale Price $197,617 $145,712 $180,315 Average Days on Market 71 189 110 Compared to Last Month (January)   Single Family Homes Condos All New Listings 94 79 173 Currently Listed 496 475 971 Average List Price $273,149 $205,167 $239,893 Number Sold 21 8 29 Average List Price – Sold $252,466 $431,675 $275,752 Average Sale Price $230,558 $394,387 $301,903 Average Days on Market 57 338 135 Bob bob@bentleyrealtygroup.net www.bentleyrealtygroup.net Information obtained from the South Central Wisconsin MLS, deemed reliable, but not guaranteed.
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By Bob Bentley
(Bentley Realty Group, LLC)
For the week ending February 18, 2009 The average listing price of homes for sale in Madison went up .2% from $242,996 last week to $243,507 this week. The median sales price for the quarter remained at $205,000. There are currently 2251 homes for sale in Madison, compared to 2229 last week. Bob 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.
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