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Home Sales Report May 2016
http://www.cbsuccess.com/?utm_source=HomeSalesReportMAYhttp://www.cbsuccess.com/relocation?utm_source=HomeSalesReportMAYC:/Users/Pam/OneDrive/Documents/-%20FOR%20NEW%20AGENTS%20-
June 14, 2016
May Homes Sales Dip
Home sales in Dane County slipped 8.3% compared to last years near record setting pace. However, the 842 reported transaction rank 3rd best for the month over the last ten years. Strong sales were reported throughout most of the SCWMLS region* with year-to-date sales ahead in all regions with the exception of Dane County.
Median sale prices rose in most markets for the month, and are equal or ahead in all markets for the first five months of 2016.
May Home Sales Report
(continued on next page)
New listings and active listings continue to drop in Dane County compared to May of 2015. The supply of active inventory stands at just 2.23 months compared to 3.15 months one year ago. This is far below the 6 month supply generally considered to represent a balanced m a r k e t b e t w e e n b u y e r s a n d s e l l e r s . L a c k o f c h o i c e m a y b e a f a c t o r i n h o l d i n g b a c k potential sales in the county. For the remainder of the region, the supply of active listing inventory is 6 months, which may help explain the increased activity.
This summer looks to be a wonderful time to lock in low interest rates. The national average as of June 9, 2016 stood at 3.6% for a 30-year fixed rate mortgage. This is well below the rate of 4.04% last year. If this is your time to buy, find your new home and lock in your rate before they are gone.
**The SCWMLS region includes Adams, Columbia, Crawford, Dane, Dodge, Grant, Green, Green Lake, Iowa, Lafayette, Marquette, Richland, Rock, Sauk, Vernon and Waushara Counties.
(continued from previous page)
If video does not play, select here toview the current Market Update videos online.
Home Sales Report Home Sales Report Home Sales Report
Market Update Videos
https://youtu.be/Am2ik5ChWIk?list=PLyiFAVgqejDvKBmmOdbtkq49DrJYpf39Qhttps://youtu.be/Am2ik5ChWIk?list=PLyiFAVgqejDvKBmmOdbtkq49DrJYpf39Qhttp://www.cbsuccess.com?utm_source=HomeSalesReportMAY
2016 2015 2014 2016 2015 2014
124 151 120 538 599 534
99 76 88 300 264 278
178,217 171,135 160,599 178,129 169,868 153,607
177,000 145,500 140,000 167,750 148,500 136,250
365 494 524 365 494 524
2016 2015 2014 2016 2015 2014
1,037 1,075 1,171 4,531 4,685 4,644
842 918 816 2,886 2,925 2,494
263,439 259,562 245,757 265,363 253,851 238,146
236,400 230,000 215,000 235,000 225,000 209,000
1,492 1,941 2,567 1,492 1,941 2,567
2016 2015 2014 2016 2015 2014
287 304 323 1,210 1,262 1,243
255 209 201 840 764 702
148,761 132,837 128,474 139,505 126,307 120,345
128,500 127,900 124,500 129,000 119,450 112,000
533 804 933 533 804 933
South Central Wisconsin MLS Sold & Active Residential Listings (Including Condos)
Average Sale Price
Median Sale Price
COLUMBIA COUNTY
# New Listings
# Sales
Average Sale Price
Median Sale Price
# New Listings
# Sales
MAY 2016 STATISTICS JANUARY - MAY
Current sales reported as of June 13, 2016 - More MLS statistics are available at cbsuccess.com/home-sales-reports.NOTE - This representation is based in whole or in part on data supplied to the South Central Wisconsin MLS Corporation by its Participants
The MLS does not guarantee and is not responsible for its accuracy. Data maintained by the MLS does not reflect all real estate activity in the market.
Total # Active Residential Listings at end of Period
DANE COUNTY
Total # Active Residential Listings at end of Period
Total # Active Residential Listings at end of Period
ROCK COUNTY
# New Listings
# Sales
Average Sale Price
Median Sale Price
4
53 2
76 6
131 13
162 19
221 25
219 33
255 37
240 35
460 62
602 91
472 89
500 102
465 77
899 127
745 86
881 122
432 66
447 40
157 11
134 4
7,551 1,047
269,150 230,869
199,900 184,900
Average price
less than 30,000
Condo/
Co-Op
PRICE
CLASS/TYPE
500,000 - 749,999
750,000 - 999,999
over 1,000,000
Total Types
200,000 - 249,999
250,000 - 299,999
90,000 - 99,999
100,000 - 119,999
300,000 - 399,999
400,000 - 499,999
120,000 - 139,999
140,000 - 159,999
160,000 - 179,999
180,000 - 199,999
30,000 - 39,999
40,000 - 49,999
50,000 - 59,999
60,000 - 69,999
70,000 - 79,999
80,000 - 89,999
Single
Family
CURRENT ACTIVE LISTINGS
Median price
08 6 2
8 028
13 11 3 1
13 14 6 4
10 21 4 3
19 18 2 11
11 28 9 15
10 19 2 20
12 76 02 31
42 67 61 43
21 71 22 30
12 70 21 33
5 87 28 14
21 174 76 28
4 112 65 13
4 88 75 12
0 11 38 5
3 11 32 2
00 2 5
1 1 4 0
208 895 432 265
130,458 198,956 286,755 163,903
113,000 188,730 252,500 142,000
TOTALS REPORT
SOLD RESIDENTIAL LISTINGS
PRICE CLASS/TYPE
less than 30,000
30,000 - 39,999
40,000 - 49,999
50,000 - 59,999
60,000 - 69,999
70,000 - 79,999
80,000 - 89,999
90,000 - 99,999
120,000 - 139,999
140,000 - 159,999
over 1,000,000
Total Types
0-2
Bedroom
3
Bedroom
300,000 - 399,999
500,000 - 749,999
750,000 - 999,999
160,000 - 179,999
400,000 - 499,999
MEDIAN PRICE
4+
Bedroom
Condo/
Co-Op
AVERAGE PRICE
180,000 - 199,999
200,000 - 249,999
250,000 - 299,999
100,000 - 119,999
*Sales for the month & current active listings are reported as of 6/13/2016. The Current Active Listings Chart includes all listings available forshowings,including those with offers to purchase. This representation is based in whole or in part on data supplied to the South Central Wisconsin MLSCorporation by its Participants. The MLS does not guarantee and is not responsible for its accuracy. Data maintained by the MLS does not reflect all
real estate activity in the market.
http://www.cbsuccess.com?utm_source=HomeSalesReportMAY
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100
200
300
400
500
600
700
800
900
1000
1100
1200
1300
1400
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1600
1700
1800
1900
2000
Num
bero
fHom
esSold
SingleFamilySolds(IncCondos)ReportedbytheSouthCentralWIMLSasof6/13/2016
DaneCounty Adams,Columbia,Crawford,Dane,Dodge,Grant,Green,GreenLake,Iowa,Lafayette,Marquette,Richland,Rock,Sauk,Vernon&WausharaCounties
Dane CountySalesMay2016 842May2015 918May2014 816
RegionalCountySalesMay2016 1,613May2015 1,590May2014 1,459
$100,000
$110,000
$120,000
$130,000
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
$210,000
$220,000
$230,000
$240,000
$250,000
$260,000
$270,000
$280,000
$290,000
$300,000
MedianSalePriceforSingleFamilySolds(IncCondos)ReportedbytheSouthCentralWIMLSasof6/13/2016
Dane CountyMedianMay2016 $236,400May2015 $230,000May2014 $215,000
RegionalCountyMedianMay2016 $187,900May2015 $183,500May2014 $175,000
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
5,500
6,000
6,500
7,000
7,500
8,000
8,500
9,000
9,500
10,000Num
bero
fActiveListings
AvailableSingleFamilyHomes(IncCondos)ReportedbytheSouthCentralWIMLSasof6/13/2016
DaneCounty Adams,Columbia,Crawford,Dane,Dodge,Grant,Green,GreenLake,Iowa,Lafayette,Marquette,Richland,Rock,Sauk,Vernon&WausharaCounties
Dane CountyInventoryMay2016 1,492May2015 1,941May2014 2,567
RegionalCountyInventoryMay2016 5,021May2015 6,427May2014 7,495
0
1
2
3
4
5
6
7
8
9
10
11
12
Mon
thso
fInven
tory
MonthsSupplyofInventoryforSingleFamilyHomes(IncCondos)ReportedbytheSouthCentralWIMLSasof6/13/2016
Dane CountySupplyMay2016 2.26MonthsMay2015 3.14MonthsMay2014 4.3Months
RegionalCountySupplyMay2016 4.01MonthsMay2015 5.58MonthsMay2014 6.79 Months
Real Estate Market StatisticsMay 2016
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of June 12, 2016.
Deforest School District May 2016 2016 YTD May 2015 2015 YTD
# New Listings 41 217 33 189
# Sales 43 153 37 125
Average Sale Price $239,039 $266,521 $224,403 $227,424
Median Sale Price Single Family $240,500 $253,875 $232,000 $223,500
Median Sale Price Condo $155,000 $156,000 $143,450 $155,900
Total # Active Residential Listings at end of period 61 84
Edgerton School District
# New Listings 31 189 49 170
# Sales 39 106 20 67
Average Sale Price $159,915 $168,143 $138,339 $141,262
Median Sale Price Single Family $148,750 $164,000 $144,500 $132,500
Median Sale Price Condo $154,900 $152,400 - -
Total # Active Residential Listings at end of period 103
Lodi School District
# New Listings 20 101 33 115
# Sales 17 45 12 49
Average Sale Price $233,372 $249,061 $240,662 $250,850
Median Sale Price Single Family $260,000 $215,500 $198,250 $208,000
Median Sale Price Condo - $240,000 $332,000 $251,750
Total # Active Residential Listings at end of period 88 95
McFarland School District
# New Listings 25 125 23 106
# Sales 26 92 27 84
Average Sale Price $298,865 $291,967 $267,838 $271,721
Median Sale Price Single Family $265,464 $264,250 $243,000 $254,000
Median Sale Price Condo $296,879 $245,450 $173,600 $230,000
Total # Active Residential Listings at end of period 33 32
Mount Horeb School District
# New Listings 22 95 24 94
# Sales 16 50 21 48
Average Sale Price $286,613 $295,524 $298,894 $300,623
Median Sale Price Single Family $251,000 $259,500 $280,000 $252,950
Median Sale Price Condo $220,000 $185,000 - -
Total # Active Residential Listings at end of period 50 61
http://www.cbsucess.com/area/deforest-wi?utm_source=HomeSalesReportMAYhttp://www.cbsuccess.com/area/lodi-wi?utm_source=HomeSalesReportMAYhttp://www.cbsuccess.com/area/mcfarland-wi?utm_source=HomeSalesReportMAYhttp://www.cbsuccess.com/area/mount-horeb-wi?utm_source=HomeSalesReportMAY
Real Estate Market StatisticsMay 2016
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of June 12, 2016.
Oregon School District May 2016 2016 YTD May 2015 2015 YTD
# New Listings 44 174 44 206
# Sales 30 99 48 126
Average Sale Price $296,233 $284,764 $283,895 $268,543
Median Sale Price Single Family $289,900 $264,900 $234,500 $250,000
Median Sale Price Condo $159,900 $177,000 $160,400 $148,500
Total # Active Residential Listings at end of period 66 81
Stoughton School District
# New Listings 48 178 39 196
# Sales 35 115 38 116
Average Sale Price $231,692 $233,480 $245,116 $225,933
Median Sale Price Single Family $203,800 $215,000 $205,500 $209,000
Median Sale Price Condo $109,900 $123,450 $114,900 $163,450
Total # Active Residential Listings at end of period 48 96
Sun Prairie School District
# New Listings 113 466 108 431
# Sales 79 279 84 281
Average Sale Price $235,697 $230,256 $217,037 $224,968
Median Sale Price Single Family $255,678 $248,000 $230,000 $230,000
Median Sale Price Condo $132,500 $142,000 $145,000 $143,000
Total # Active Residential Listings at end of period 126 147
Verona School District
# New Listings 57 240 55 238
# Sales 47 149 55 160
Average Sale Price $297,777 $298,188 $269,589 $280,352
Median Sale Price Single Family $301,000 $313,017 $269,500 $277,656
Median Sale Price Condo $166,000 $169,900 $147,500 $147,500
Total # Active Residential Listings at end of period 91 99
Wisconsin Heights School District
# New Listings 7 51 11 56
# Sales 13 32 9 26
Average Sale Price $291,146 $221,563 $285,433 $312,312
Median Sale Price Single Family $247,100 $197,500 $228,900 $231,950
Median Sale Price Condo - $110,000 - -
Total # Active Residential Listings at end of period 34 49
http://www.cbsuccess.com/area/oregon-wi?utm_source=HomeSalesReportMAYhttp://www.cbsuccess.com/area/stoughton-wi?utm_source=HomeSalesReportMAYhttp://www.cbsuccess.com/area/sun-prairie-wi?utm_source=HomeSalesReportMAYhttp://www.cbsuccess.com/area/verona-wi?utm_source=HomeSalesReportMAY
Real Estate Market StatisticsMay 2016
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of June 12, 2016.
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Middleton-Cross Plains School District
May 2016 2016 YTD May 2015 2015 YTD
# New Listings 91 383 83 370
# Sales 52 194 67 200
Average Sale Price $395,936 $392,331 $402,561 $345,354
Median Sale Price Single Family $399,350 $407,250 $393,750 $370,000
Median Sale Price Condo $135,000 $140,000 $143,000 $128,200
Total # Active Residential Listings at end of period
163 171
Waunakee School District May 2016 2016 YTD May 2015 2015 YTD
# New Listings 46 250 63 235
# Sales 37 133 27 103
Average Sale Price $361,923 $356,821 $365,790 $343,863
Median Sale Price Single Family $356,000 $377,700 $399,800 $390,750
Median Sale Price Condo $232,500 $215,000 $177,125 $175,625
Total # Active Residential Listings at end of period
113 152
http://www.cbsuccess.com?utm_source=HomeSalesReportMAYhttp://www.cbsuccess.com/home-sales-reports?utm_source=HomeSalesReportMAYhttp://www.cbsuccess.com/search-homes-for-sale?utm_source=HomeSalesReportMAYhttp://www.cbsuccess.com/agents?utm_source=HomeSalesReportMAYhttp://www.cbsuccess.com/area/middelton-wi?utm_source=HomeSalesReportMAYhttp://www.cbsuccess.com/area/waunakee-wi?utm_source=HomeSalesReportMAY
Fitchburg Home PricesMay 2016
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of June 12, 2016.
The city of Fitchburg is served by 3 school districts: Madison, Oregon, Verona
Madison School District in Fitchburg
May 2016 2016 YTD May 2015 2015 YTD
# New Listings 18 121 38 164
# Sales 28 94 22 79
Average Sale Price $280,731 $295,903 $254,232 $254,074
Median Sale Price Single Family $318,000 $319,900 $267,450 $274,900
Median Sale Price Condo $199,950 $189,500 $191,450 $190,000
Total # Active Residential Listings at end of period
29 59
Verona School District in Fitchburg
# New Listings 16 73 17 74
# Sales 12 29 9 34
Average Sale Price $291,338 $286,609 $319,422 $266,597
Median Sale Price Single Family $257,500 $261,000 $209,000 $212,000
Median Sale Price Condo $385,000 $185,450 - $255,000
Total # Active Residential Listings at end of period
35 26
Oregon School District in Fitchburg
# New Listings 3 12 4 25
# Sales 4 17 8 21
Average Sale Price $327,450 $283,791 $262,457 $276,379
Median Sale Price Single Family $257,450 $259,900 $264,900 $315,000
Median Sale Price Condo - $270,000 $284,900 $217,950
Total # Active Residential Listings at end of period
3 8
http://www.cbsuccess.com/area/madison-market-update?utm_source=HomeSalesReportMAYhttp://www.cbsuccess.com/area/verona-wi?utm_source=HomeSalesReportMAYhttp://www.cbsuccess.com/area/oregon-wi?utm_source=HomeSalesReportMAY
Madison High SchoolsMay 2016
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of June 12, 2016.
Lafollette High School
# New Listings 99 402 87 449
# Sales 86 286 108 332
Average Sale Price $193,176 $204,330 $191,772 $190,744
Median Sale Price Single Family $209,900 $210,000 $191,000 $195,000
Median Sale Price Condo $111,000 $117,000 $128,250 $125,450
Total # Active Residential Listings at end of period
78 138
West High School
# New Listings 98 467 114 519
# Sales 89 298 92 300
Average Sale Price $321,196 $312,259 $301,553 $309,382
Median Sale Price Single Family $318,000 $309,000 $274,950 $279,900
Median Sale Price Condo $240,000 $235,000 $275,000 $239,000
Total # Active Residential Listings at end of period
171 201
Memorial High School
# New Listings 138 669 168 740
# Sales 153 492 149 504
Average Sale Price $231,505 $244,709 $242,388 $242,371
Median Sale Price Single Family $262,500 $266,000 $246,000 $251,750
Median Sale Price Condo $128,500 $146,000 $139,500 $144,200
Total # Active Residential Listings at end of period
158 252
East High School May 2016
2016 YTD May 2015
2015 YTD
# New Listings 94 397 97 397
# Sales 68 276 69 245
Average Sale Price $197,687 $210,409 $195,241 $195,659
Median Sale Price Single Family $207,000 $184,000 $170,634 $173,200
Median Sale Price Condo $151,500 $152,000 $130,500 $131,000
Total # Active Residential Listings at end of period
86 158
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