Cherokee Park Neighborhood Market Statistics- Madison, WI 10/07

The Cherokee Park Neighborhood, statistics are showing the following for 3^rd quarter compared with 2^nd quarter and 1^st quarters. As we move from the 1st to 3rd quarter, days on market decresed from 160 days to 54 days and average sales prices have moved up and down as well. Here are your statistics:

Residential Homes Sales

Active Listings: 4

Average Asking Price: $326,650

Average Price per Square Foot: $116

List Price Range: $279,900 (high) to $379,900 (low)

3^rd Quarter 2007 Sales: 3 Sales

Average List Price: $296,566

Average Sold Price: $280,800

Average List Price per Square Foot: $120

Average Sold Price per Square Foot: $114

Sold Price Range: $310,000 (high) to $257,500 (low)

Average days on market: 54

2^nd Quarter 2007 Sales: 5 Sales

Average List Price: $268,520

Average Sold Price: $252,600

Average List Price per Square Foot: $113

Average Sold Price per Square Foot: $106

Sold Price Range: $277,000 (high) to $225,000 (low)

Average days on market: 72

1st Quarter 2007 Sales: 3 Sales

Average List Price: $279,900

Average Sold Price: $269,133

Average List Price per Square Foot: $104

Average Sold Price per Square Foot: $100

Sold Price Range: $292,400 (high) to $245,000 (low)

Average days on market: 160

* Information provided courtesy of Mindy Allen, ABR, Realtor with Keller Williams Realty obtained through the SCWMLS.