Have you wondered how home sales are doing. Ask 10 people and you get 10 different answers.
Well Stats don't lie. Here are some useful stats, thanks to the SCWMLS, our local Madison Multiple Listing Service.
YTD Data reported thru Sept 15th 2009. Dane County only (Includes the Greater Madison Area)
# Sales # listings Ave Sales price $K
2007 5236 5342 249.6
2008 4084 5231 247.8
2009 3716 4655 229.1 - down 8.2%
Sales are down YTD 28% but so are the number of listings available. (just 13%)
For the month of August 2009 Home Sales Stats
2007 765 256.9
2008 577 252.7
2009 581 235.9 - down 8.2%
Sales are down 23% over the 2 years. So August's sales were better proportionately than the rest of the year.
Inventory is down, that is a good thing.
Sales are down 28%, prices are down 8.2%. That is not bad, but tell that to the poor home owner, who bought in 2009
Real Estate Guy Team sells Homes in Madison Wisconsin. search all listed area homes in Madison Wi
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