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South Central Wisconsin Market Report (September 2017)

 October 16, 2017      webadmin

September sales of single family and condominium homes continued a strong year throughout the South Central Wisconsin MLS market region. All areas reported increased sales over last year with the exception of Rock County (down just 6 sales) and Dane County (down 4.7%). All areas had increases in median sale prices for the month. September […]

End of Summer Marked by Strong Sales

 September 19, 2017      webadmin

Home sales in Dane County finished the summer of 2017 very strong – matching the number of sales reported last August during that record-setting year. This follows a strong month of July and narrows the year-to-date sales gap between 2017 and 2016 to just 2.7%. The entire SCWMLS reported sales up 1.5% for the month, […]

Strong Buyer Demand Continues

 August 23, 2017      webadmin

Strong buyer demand for single family homes and condominiums continued in July despite rising prices, higher interest rates and limited inventory from which to choose. In Dane County, the 880 reported transactions were 5 less than one year ago – which, as a reminder, was a record-setting year for sales. Year-to-date, Dane County sales trail […]

It’s Halftime in the 2017 Home Market

 July 18, 2017      webadmin

The first half results are in and the residential single family and condominium home market can be briefly summarized as follows: Strong buyer demand Extraordinarily lean supply of homes available to meet the demand Extremely affordable fixed rate mortgages for those who qualify As a result, Dane County sales for the month are 4.1 below […]

Strong Demand; Limited Supply Continues

 June 12, 2017      webadmin

As we reported last month, strong buyer demand continues in the Dane County residential single family and condominium market, spurred by positive economic and job reports, steady consumer confidence and fantastic mortgage interest rates. The 829 sales reported for Dane County to the South Central Wisconsin MLS for the month of May is just 4.3% […]

Strong Market Demand Limited by Lack of Supply

 May 15, 2017      webadmin

Despite positive job reports, low interest rates, strong consumer confidence ratings and even stronger buyer demand, sales of single family and condominium homes are being held back by a significant shortage of available supply. Dane County continues to be below 2 months of active inventory for the fifth consecutive month. A six month supply of […]

March Home Sales Dip

 April 14, 2017      webadmin

Residential single-family and condominium home sales in Dane County for the month of March fell 8.7% compared to March 2016. Much of this decline can be attributed to extraordinary lean inventory of active listings. March 2017 Monthly Statistics

Stan Hill Elected RASCW President for 2018

 April 13, 2017      webadmin

At its March 23, 2017 meeting, the RASCW Board of Directors elected Stan Hill of the Stark Company, REALTORS® to the office of President-elect. Stan began his service on the Board in 2016. He will be installed as President in January 2018. Please join us in congratulating Stan on his election.

February Home Sales Strong

 March 15, 2017      webadmin

Residential single-family and condominium home sales in Dane County for the month of February were the highest since 2007 and 4.4% more than February 2016. To no one’s surprise, the monthly median sale price increased year-over-year for the 18th time in the past 19 months. February 2017 Monthly Statistics

Welcome Nancy K. Smith Back to the Board of Directors

 March 10, 2017      webadmin

Nancy K. Smith, First Weber, Inc., has been appointed to fill a vacancy on the RASCW Board of Directors. This seat represents those with primary practice outside of Dane County and expires at the end of this year. Char Eversoll resigned from the position late last year. Nancy previously served a three year term from […]