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 […]

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 […]

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% […]

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 […]

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

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.

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

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 […]

After a record-setting 2016, residential single-family and condominium home sales began 2017 on a solid note. The 336 reported sales represent the third best January total on record – trailing only 2016 (354 sales) and 2006 (345 sales). Historically, the first month of the year is the lightest month for real estate closings. January 2017 […]

Thank you to the speakers of the Commercial Real Estate Forecast that was held on January 19, 2017.  Their presentations are below. City of Fitchburg Michael Zimmerman, Economic Development Director Fitchburg Development Update – 2017 City of Madison Kevin Firchow, Principal Planner: New Developments City of Madison 2016 Project Review Brian Grady, Planner 3, Project Manager, […]