december 2014 home sales report
TRANSCRIPT
Home Sales Report December 2014
Relocation Information & Assistance 800.747.9962
January 13, 2015
Sales End Year on High Note For only the second time in 2014, monthly sales of single family homes and condominiums in Dane County exceeded those of 2013 with December reporting 445 sales compared to 430 last year. For the year, Dane County sales totaled 6982. This is 5.8% less than 2013, and represents a significant comeback from January when sales started off the year 11.7% behind.
As has been the case in all but 2 months, the monthly median sale price in Dane County grew over the same month last year – in December, $225,000 compared to $205,000. More significantly, however, is the fact that the one‐year median sale price continued its increase from $212,040 in 2013 to $220,168 in 2014. This is now the highest end‐of‐year median sales figure, exceeding the previous high of $218,000 in 2007.
2
December Home Sales Report
Across the eight‐county SCWMLS region, Columbia, Dodge, Grant, and Iowa Counties exceeded sales totals for both the month of December and the year. Green County exceeded December sales but fell one sale short of matching last year’s annual total. Rock County fell short in December but enjoyed a 2% annual increase. Sauk County trailed 2013 in monthly and annual totals but finished well ahead of 2012. Annual median sale prices were up in all counties except Grant County, which was down only 2% compared to last year.
All eyes are once again on the active inventory. Dane County is starting off the year very lean with supply of active listings at just 3.49 months (with a 6 month supply commonly recognized as balanced between buyers and sellers). Compared to last year at this time, the number of available listings for buyers is down 14%. For the entire region, while the active inventory is on the lean side, it is not significantly so – standing at 4.92 months. We are still waiting for new home starts to return to a more historic norm, which will help greatly with the supply side.
With 2014 completed – marked by an improving economy and strengthening consumer confidence, historically low mortgage interest rates, moderate price increases and a decline in distressed sales in many markets, what do we foresee in 2015? One of the notable differences so far has been the weather. After a very mild December, and despite a brief dip into the deep freeze, this year has been much easier for prospective buyers to get out and shop compared to the winter of 2013/14.
But aside from the weather, we predict continued growth in existing home sales. We have yet to satisfy the demand side – particularly with respect to first‐time home buyers. With the creation of more jobs and continued gains in the economy, buyers will be more willing to enter the market – especially as they believe mortgage rates will rise and prices will continue to increase.
Prospective buyers may be assisted by changes in lending practices – with Fannie Mae and Freddie Mac agreeing to accept loans with down payments as low as 3% and with FHA announcing it is reducing its annual mortgage insurance premium by .5%. These are important sources for low down payment loans – often needed by first‐time home buyers.
Because of the expected demand and the currently tight inventory, we foresee prices to continue to increase moderately. But we believe the increase will be tempered by the fact that we expect mortgage rates to rise as well. While affordability rates may decline, we believe it will be somewhat offset by increased incomes. By historic norms, homeownership affordability will remain very strong.
All in all, 2015 is shaping up to be a very good year.
3
South Central Wisconsin MLS Sold & Active Residential Listings (Including Condos)
2014 2013 2012 2014 2013 201247 44 44 1,168 1,206 1,15656 44 44 694 678 652
155,655 123,239 145,565 166,442 147,443 144,142127,600 110,750 141,000 149,000 132,000 126,250
453 483 524 453 483 524
2014 2013 2012 2014 2013 2012404 317 312 9,545 9,834 9,088445 430 389 6,982 7,418 5,954
253,665 247,553 224,141 251,706 242,311 230,512225,000 205,000 194,900 220,168 212,040 202,000
2,032 2,372 2,853 2,032 2,372 2,853
2014 2013 2012 2014 2013 201234 33 33 915 868 84145 44 29 571 498 532
126,081 114,936 125,871 131,602 130,799 116,413116,900 110,000 108,000 115,000 112,750 100,250
355 374 336 355 374 336
2014 2013 2012 2014 2013 201223 20 9 580 645 58833 25 21 361 348 336
141,298 100,030 94,680 134,684 117,089 119,02275,000 68,000 85,200 103,000 105,000 98,950
241 282 254 241 282 254
2014 2013 2012 2014 2013 201234 30 31 694 691 61740 28 24 458 459 398
151,861 160,222 136,866 163,595 154,149 152,051130,000 138,000 124,500 134,500 131,000 125,000
201 215 199 201 215 199
2014 2013 2012 2014 2013 201215 5 25 501 463 46129 13 18 260 238 214
242,881 120,814 297,483 173,594 145,428 163,352145,000 86,370 140,250 135,750 126,000 125,000
219 241 228 219 241 228
2014 2013 2012 2014 2013 2012118 102 101 2,788 2,956 2,672107 137 109 1,873 1,841 1,774
125,948 119,448 120,850 127,226 118,657 110,137119,900 110,000 96,500 119,000 109,000 97,000
814 986 916 814 986 916
2014 2013 2012 2014 2013 201250 59 53 1,383 1,450 1,31747 58 44 810 826 705
143,007 153,564 181,070 166,002 165,088 154,289134,900 132,500 134,450 147,000 145,000 135,000
610 662 669 610 662 669 Total # Active Residential Listings at end of Period
SAUK COUNTY # New Listings # Sales Average Sale Price
Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period
Median Sale Price
Total # Active Residential Listings at end of Period
ROCK COUNTY # New Listings # Sales
# New Listings # Sales Average Sale Price Median Sale Price
Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period
IOWA COUNTY
Total # Active Residential Listings at end of Period
GREEN COUNTY # New Listings # Sales
Average Sale Price Median Sale Price
# New Listings # Sales Average Sale Price Median Sale Price
Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period
GRANT COUNTY
Total # Active Residential Listings at end of Period
DANE COUNTY
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.NOTE - This representation is based in whole or in part on data supplied to the South Central Wisconsin MLS Corporation by its Participants. The
Total # Active Residential Listings at end of Period
DODGE COUNTY # New Listings # Sales
# New Listings # Sales
DECEMBER & Year-to-date Statistics 2014 Current sales reported as of January 12, 2015
More MLS statistics are available at www.scwmls.com.
# New Listings COLUMBIA COUNTY
December January - December
# Sales Average Sale Price Median Sale Price
4
16 13 6 0
9 12 4 0
8 11 4 1
9 10 3 4
15 12 7 3
15 16 4 2
8 11 4 10
7 19 4 3
106 0 11 34 14 10
126 6 14 37 16 19
145 8 13 43 15 14
186 19 6 47 19 14
230 22 2 40 14 8
270 42 9 68 39 9
283 39 0 47 34 7
263 44 2 31 50 7
569 78 0 8 28 4
599 111 0 1 14 2
501 99 0 0 6 0
513 74 0 1 3 0
447 48 144 461 288 117
770 84 96,524 175,323 274,148 176,527
562 49 79,950 164,000 228,750 148,000
582 76
264 59
272 34
94 8
119 5 194
6,901 905 689
233,475 217,125 36
169,900 159,000 FHA 43
1
0
4
16
27
Whole South Central Wisconsin MLS Region
Median price
MEDIAN PRICE
OTHER
4+Bedroom
Condo/Co-Op
AVERAGE PRICE
180,000 - 199,999
200,000 - 249,999
250,000 - 299,999
12/01/2014-12/31/2014
over 1,000,000
Total Types
0-2Bedroom
3Bedroom
300,000 - 399,999
500,000 - 749,999
750,000 - 999,999
160,000 - 179,999
400,000 - 499,999
60,000 - 69,999
70,000 - 79,999
80,000 - 89,999
90,000 - 99,999
120,000 - 139,999
140,000 - 159,999
100,000 - 119,999
DECEMBER STATISTICS
SingleFamily
TOTALS REPORTSOLD RESIDENTIAL LISTINGS
PRICE CLASS/TYPE
less than 30,000
30,000 - 39,999
40,000 - 49,999
CURRENT ACTIVE LISTINGS
50,000 - 59,999
2014
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
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
Average price
less than 30,000
Condo/Co-Op
PRICECLASS/TYPE
500,000 - 749,999
750,000 - 999,999
over 1,000,000
Total Types
200,000 - 249,999
250,000 - 299,999
USDA
*Sales for the month & current active listings are reported as of 1/12/2015. The Current Active Listings Chart includes all listings available for showings, including those with offers to purchase. 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. More MLS statistics are available at www.scwmls.com.
TERMS OF SALE(SALES)
CASH
CONVENTIONAL
FVA
WHEDA
ASSUMPTION
SELLER
5
South Central Wisconsin MLS Sold & Active Residential Listings (Including Condos)
2014 2013 2012 2014 2013 201298 84 107 879 914 88255 76 68 464 455 449
182,613 173,348 157,411 162,865 148,235 146,117150,000 162,950 143,950 147,500 132,000 126,500
580 643 641 580 643 641
2014 2013 2012 2014 2013 2012787 909 820 7,433 7,694 7,059685 883 674 4,996 5,520 4,254
257,048 256,366 238,364 248,227 241,873 230,858230,000 220,000 213,052 218,500 212,000 203,825
2,782 2,878 3,589 2,782 2,878 3,589
2014 2013 2012 2014 2013 201297 87 83 691 619 62567 48 59 378 348 372
135,303 117,750 115,352 131,364 130,102 113,985110,000 110,000 99,000 113,025 114,575 99,250
454 412 417 454 412 417
2014 2013 2012 2014 2013 201263 60 50 439 477 46140 35 39 239 213 229
122,081 106,112 117,527 127,053 113,710 126,166112,500 107,000 102,000 110,000 100,000 107,000
300 333 304 300 333 304
2014 2013 2012 2014 2013 201256 59 41 510 536 45642 48 50 297 305 293
179,262 165,573 151,036 156,445 156,826 148,315151,250 141,000 131,750 134,500 137,000 125,000
282 288 260 282 288 260
2014 2013 2012 2014 2013 201244 49 42 389 366 35330 31 18 169 174 129
171,728 131,706 128,541 162,948 144,486 137,335159,450 105,000 125,000 134,000 124,250 120,750
273 267 298 273 267 298
2014 2013 2012 2014 2013 2012264 283 239 2,097 2,170 1,964192 194 186 1,278 1,233 1,233
131,915 123,725 116,611 125,752 116,654 111,204127,200 107,250 104,838 117,600 108,000 98,000
1,047 1,106 1,098 1,047 1,106 1,098
2014 2013 2012 2014 2013 2012113 128 126 1,080 1,105 1,00681 98 67 535 564 479
174,217 188,943 137,729 167,358 172,151 153,965147,000 161,250 134,000 147,000 149,700 135,000
765 818 813 765 818 813 Total # Active Residential Listings at end of Period
SAUK COUNTY # New Listings # Sales Average Sale Price
Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period
Median Sale Price
Total # Active Residential Listings at end of Period
ROCK COUNTY # New Listings # Sales
# New Listings # Sales Average Sale Price Median Sale Price
Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period
IOWA COUNTY
Total # Active Residential Listings at end of Period
GREEN COUNTY # New Listings # Sales
Average Sale Price Median Sale Price
# New Listings # Sales Average Sale Price Median Sale Price
Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period
GRANT COUNTY
Total # Active Residential Listings at end of Period
DANE COUNTY
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.NOTE - This representation is based in whole or in part on data supplied to the South Central Wisconsin MLS Corporation by its Participants. The
Total # Active Residential Listings at end of Period
DODGE COUNTY # New Listings # Sales
# New Listings # Sales
AUGUST & Year-to-date Statistics 2014 Current sales reported as of September 12, 2014
More MLS statistics are available at www.scwmls.com.
# New Listings COLUMBIA COUNTY
August January - August
# Sales Average Sale Price Median Sale Price
4
16 13 6 0
9 12 4 0
8 11 4 1
9 10 3 4
15 12 7 3
15 16 4 2
8 11 4 10
7 19 4 3
106 0 11 34 14 10
126 6 14 37 16 19
145 8 13 43 15 14
186 19 6 47 19 14
230 22 2 40 14 8
270 42 9 68 39 9
283 39 0 47 34 7
263 44 2 31 50 7
569 78 0 8 28 4
599 111 0 1 14 2
501 99 0 0 6 0
513 74 0 1 3 0
447 48 144 461 288 117
770 84 96,524 175,323 274,148 176,527
562 49 79,950 164,000 228,750 148,000
582 76
264 59
272 34
94 8
119 5 194
6,901 905 689
233,475 217,125 36
169,900 159,000 FHA 43
1
0
4
16
27
Whole South Central Wisconsin MLS Region
Median price
MEDIAN PRICE
OTHER
4+Bedroom
Condo/Co-Op
AVERAGE PRICE
180,000 - 199,999
200,000 - 249,999
250,000 - 299,999
12/01/2014-12/31/2014
over 1,000,000
Total Types
0-2Bedroom
3Bedroom
300,000 - 399,999
500,000 - 749,999
750,000 - 999,999
160,000 - 179,999
400,000 - 499,999
60,000 - 69,999
70,000 - 79,999
80,000 - 89,999
90,000 - 99,999
120,000 - 139,999
140,000 - 159,999
100,000 - 119,999
DECEMBER STATISTICS
SingleFamily
TOTALS REPORTSOLD RESIDENTIAL LISTINGS
PRICE CLASS/TYPE
less than 30,000
30,000 - 39,999
40,000 - 49,999
CURRENT ACTIVE LISTINGS
50,000 - 59,999
2014
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
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
Average price
less than 30,000
Condo/Co-Op
PRICECLASS/TYPE
500,000 - 749,999
750,000 - 999,999
over 1,000,000
Total Types
200,000 - 249,999
250,000 - 299,999
USDA
*Sales for the month & current active listings are reported as of 1/12/2015. The Current Active Listings Chart includes all listings available for showings, including those with offers to purchase. 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. More MLS statistics are available at www.scwmls.com.
TERMS OF SALE(SALES)
CASH
CONVENTIONAL
FVA
WHEDA
ASSUMPTION
SELLER
5
South Central Wisconsin MLS Sold & Active Residential Listings (Including Condos)
2014 2013 2012 2014 2013 201247 44 44 1,168 1,206 1,15656 44 44 694 678 652
155,655 123,239 145,565 166,442 147,443 144,142127,600 110,750 141,000 149,000 132,000 126,250
453 483 524 453 483 524
2014 2013 2012 2014 2013 2012404 317 312 9,545 9,834 9,088445 430 389 6,982 7,418 5,954
253,665 247,553 224,141 251,706 242,311 230,512225,000 205,000 194,900 220,168 212,040 202,000
2,032 2,372 2,853 2,032 2,372 2,853
2014 2013 2012 2014 2013 201234 33 33 915 868 84145 44 29 571 498 532
126,081 114,936 125,871 131,602 130,799 116,413116,900 110,000 108,000 115,000 112,750 100,250
355 374 336 355 374 336
2014 2013 2012 2014 2013 201223 20 9 580 645 58833 25 21 361 348 336
141,298 100,030 94,680 134,684 117,089 119,02275,000 68,000 85,200 103,000 105,000 98,950
241 282 254 241 282 254
2014 2013 2012 2014 2013 201234 30 31 694 691 61740 28 24 458 459 398
151,861 160,222 136,866 163,595 154,149 152,051130,000 138,000 124,500 134,500 131,000 125,000
201 215 199 201 215 199
2014 2013 2012 2014 2013 201215 5 25 501 463 46129 13 18 260 238 214
242,881 120,814 297,483 173,594 145,428 163,352145,000 86,370 140,250 135,750 126,000 125,000
219 241 228 219 241 228
2014 2013 2012 2014 2013 2012118 102 101 2,788 2,956 2,672107 137 109 1,873 1,841 1,774
125,948 119,448 120,850 127,226 118,657 110,137119,900 110,000 96,500 119,000 109,000 97,000
814 986 916 814 986 916
2014 2013 2012 2014 2013 201250 59 53 1,383 1,450 1,31747 58 44 810 826 705
143,007 153,564 181,070 166,002 165,088 154,289134,900 132,500 134,450 147,000 145,000 135,000
610 662 669 610 662 669 Total # Active Residential Listings at end of Period
SAUK COUNTY # New Listings # Sales Average Sale Price
Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period
Median Sale Price
Total # Active Residential Listings at end of Period
ROCK COUNTY # New Listings # Sales
# New Listings # Sales Average Sale Price Median Sale Price
Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period
IOWA COUNTY
Total # Active Residential Listings at end of Period
GREEN COUNTY # New Listings # Sales
Average Sale Price Median Sale Price
# New Listings # Sales Average Sale Price Median Sale Price
Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period
GRANT COUNTY
Total # Active Residential Listings at end of Period
DANE COUNTY
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.NOTE - This representation is based in whole or in part on data supplied to the South Central Wisconsin MLS Corporation by its Participants. The
Total # Active Residential Listings at end of Period
DODGE COUNTY # New Listings # Sales
# New Listings # Sales
DECEMBER & Year-to-date Statistics 2014 Current sales reported as of January 12, 2015
More MLS statistics are available at www.scwmls.com.
# New Listings COLUMBIA COUNTY
December January - December
# Sales Average Sale Price Median Sale Price
4
16 13 6 0
9 12 4 0
8 11 4 1
9 10 3 4
15 12 7 3
15 16 4 2
8 11 4 10
7 19 4 3
106 0 11 34 14 10
126 6 14 37 16 19
145 8 13 43 15 14
186 19 6 47 19 14
230 22 2 40 14 8
270 42 9 68 39 9
283 39 0 47 34 7
263 44 2 31 50 7
569 78 0 8 28 4
599 111 0 1 14 2
501 99 0 0 6 0
513 74 0 1 3 0
447 48 144 461 288 117
770 84 96,524 175,323 274,148 176,527
562 49 79,950 164,000 228,750 148,000
582 76
264 59
272 34
94 8
119 5 194
6,901 905 689
233,475 217,125 36
169,900 159,000 FHA 43
1
0
4
16
27
Whole South Central Wisconsin MLS Region
Median price
MEDIAN PRICE
OTHER
4+Bedroom
Condo/Co-Op
AVERAGE PRICE
180,000 - 199,999
200,000 - 249,999
250,000 - 299,999
12/01/2014-12/31/2014
over 1,000,000
Total Types
0-2Bedroom
3Bedroom
300,000 - 399,999
500,000 - 749,999
750,000 - 999,999
160,000 - 179,999
400,000 - 499,999
60,000 - 69,999
70,000 - 79,999
80,000 - 89,999
90,000 - 99,999
120,000 - 139,999
140,000 - 159,999
100,000 - 119,999
DECEMBER STATISTICS
SingleFamily
TOTALS REPORTSOLD RESIDENTIAL LISTINGS
PRICE CLASS/TYPE
less than 30,000
30,000 - 39,999
40,000 - 49,999
CURRENT ACTIVE LISTINGS
50,000 - 59,999
2014
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
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
Average price
less than 30,000
Condo/Co-Op
PRICECLASS/TYPE
500,000 - 749,999
750,000 - 999,999
over 1,000,000
Total Types
200,000 - 249,999
250,000 - 299,999
USDA
*Sales for the month & current active listings are reported as of 1/12/2015. The Current Active Listings Chart includes all listings available for showings, including those with offers to purchase. 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. More MLS statistics are available at www.scwmls.com.
TERMS OF SALE(SALES)
CASH
CONVENTIONAL
FVA
WHEDA
ASSUMPTION
SELLER
5
0
100
200
300
400
500
600
700
800
900
1000
1100
1200
1300
1400
1500
1600Num
ber o
f Hom
es Sold
Single Family Solds (Inc Condos)Reported by the South Central WI MLS as of 1/12/2015
Dane County Columbia, Dane, Dodge, Grant, Green, Iowa, Rock & Sauk Counties
Dane County SalesDecember 2014 ‐ 445December 2013 ‐ 430 December 2012 ‐ 389
8 County Regional SalesDecember 2014 ‐ 802December 2013 ‐ 779December 2012 ‐ 678
6
$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
Median Sale Price for Single Family Solds (Inc Condos)Reported by the South Central WI MLS as of 1/12/2015
Dane County Columbia, Dane, Dodge, Grant, Green, Iowa, Rock & Sauk Counties
Dane County MedianDecember 2014 ‐ $225,000December 2013 ‐ $205,000December 2012 ‐ $194,900
8 County Regional MedianDecember 2014 ‐ $172,250December 2013 ‐ $165,000December 2012 ‐ $157,000
7
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
10,000
10,500
11,000Num
ber o
f Active Listings
Available Single Family Homes (Inc Condos)Reported by the South Central WI MLS as of 1/12/2015
Dane County Columbia, Dane, Dodge, Grant, Green, Iowa, Rock & Sauk Counties
Dane County InventoryDecember 2014 ‐ 2,032December 2013 ‐ 2,372December 2012 ‐ 2,853
8 County Regional InventoryDecember 2014 ‐ 4,925December 2013 ‐ 5,615December 2012 ‐ 5,979
8
Months Supply = current inventory divided by the average sales for the most current 12 months
01
234
567
8910
111213
141516
171819
202122
2324
Mon
ths o
f Inven
tory
Months Supply of Inventory for Single Family Homes (Inc Condos)Reported by the South Central WI MLS as of 1/12/2015
Dane County Columbia, Dane, Dodge, Grant, Green, Iowa, Rock & Sauk Counties
Dane County SupplyDecember 2014 ‐ 3.49 Months December 2013 ‐ 3.84 MonthsDecember 2012 ‐ 5.75 Months
8 County Regional SupplyDecember 2014 ‐ 4.92 MonthsDecember 2013 ‐ 5.47 MonthsDecember 2012 ‐ 6.79 Months
9
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Stoughton School District December 2014
2013 YTD 2014 YTD December 2013
# New Listings 18 376 413 14 # Sales 16 277 274 24 Average Sale Price $232,967 $203,108 $218,919 $193,104 Median Sale Price Single Family $231,000 $196,800 $207,000 $169,000
Median Sale Price Condo $147,000 $118,000 $145,000 $117,500 Total # Active Residential Listings at end of period
100 96
Oregon School District December 2014
2014 YTD December 2013
2013 YTD
# New Listings 9 411 11 411
# Sales 16 286 10 293
Average Sale Price $236,957 $267,168 $320,598 $248,382
Median Sale Price Single Family $182,500 $249,500 $319,976 $232,750
Median Sale Price Condo $142,500 $166,000 $123,000 $142,900
Total # Active Residential Listings at end of period
90 116
McFarland School District December 2014
2014 YTD December 2013
2013 YTD
# New Listings 12 279 9 236
# Sales 8 187 11 179
Average Sale Price $209,300 $247,739 $235,423 $250,190
Median Sale Price Single Family $210,000 $243,362 $182,500 $229,392
Median Sale Price Condo $188,200 $198,950 —- $240,000
Total # Active Residential Listings at end of period
64 47
Verona School District December 2014
2014 YTD December 2013
2013 YTD
# New Listings 17 507 12 499
# Sales 28 384 24 398
Average Sale Price $259,374 $290,179 $273,339 $281,724
Median Sale Price Single Family $257,950 $291,500 $317,717 $287,500
Median Sale Price Condo $157,550 $161,000 $137,950 $139,500
Total # Active Residential Listings at end of period
90 97
Real Estate Market Statistics—December
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of January 13, 2015.
Visit CBSuccess.com for more Housing Market Statistics
Deforest School District December 2014
2014 YTD December 2013
2013 YTD
# New Listings 11 385 22 399
# Sales 24 281 21 321
Average Sale Price $233,900 $234,813 $215,775 $216,247
Median Sale Price Single Family $220,575 $228,500 $238,450 $215,000
Median Sale Price Condo $233,000 $155,000 $135,000 $147,650
Total # Active Residential Listings at end of period
92 104
Wisconsin Heights School District December 2014
2014 YTD December 2013
2013 YTD
# New Listings 2 128 3 129
# Sales 4 81 5 54
Average Sale Price $206,538 $217,188 $162,400 $199,950
Median Sale Price Single Family $157,450 $181,000 $145,000 $199,900
Median Sale Price Condo —- —- —- $105,900
Total # Active Residential Listings at end of period
40 50
Mount Horeb School District December 2014
2014 YTD December 2013
2013 YTD
# New Listings 12 212 9 246
# Sales 10 132 11 169
Average Sale Price $299,238 $236,076 $298,958 $258,846
Median Sale Price Single Family $265,000 $219,525 $246,250 $224,900
Median Sale Price Condo $131,350 $166,000 $172,200 $188,600
Total # Active Residential Listings at end of period
55
Real Estate Market Statistics—December
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of January 13, 2015.
Sun Prairie School District December 2014
2014 YTD December 2013
2013 YTD
# New Listings 32 846 25 946
# Sales 39 728 39 688
Average Sale Price $239,671 $223,041 $203,383 $203,314
Median Sale Price Single Family $262,725 $236,750 $222,000 $214,900
Median Sale Price Condo $146,500 $132,450 $127,500 $125,000
Total # Active Residential Listings at end of period
147 204
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Real Estate Market Statistics—December
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of January 13, 2015.
Middleton-Cross Plains School District
December 2014
2014 YTD December 2013
2013 YTD
# New Listings 27 790 19 777
# Sales 32 573 33 626 Average Sale Price $326,939 $350,348 $326,400 $345,769
Median Sale Price Single Family $359,950 $375,000 $329,000 $349,900
Median Sale Price Condo $119,250 $143,450 $166,500 $160,000
Total # Active Residential Listings at end of period
134 154
Waunakee School District
December 2014
2014 YTD December 2013
2013 YTD
# New Listings 20 493 10 465
# Sales 24 324 16 315
Average Sale Price $361,997 $345,958 $350,000 $308,515
Median Sale Price Single Family $365,000 $373,750 $356,450 $337,500
Median Sale Price Condo $122,000 $166,250 $408,750 $174,000
Total # Active Residential Listings at end of period
107 134
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Fitchburg Home Prices—December 2014
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of January 13, 2015.
Madison School District in Fitchburg
December 2014
2014 YTD December 2013
2013 YTD
# New Listings 5 241 7 276
# Sales 13 191 14 223
Average Sale Price $210,391 $252,441 $261,988 $258,963
Median Sale Price Single Family $263,000 $292,250 $346,750 $300,000
Median Sale Price Condo $171,000 $178,000 $187,000 $176,000
Total # Active Residential Listings at end of period
38 42
Verona School District in Fitchburg
December 2014
2014 YTD December 2013
2013 YTD
# New Listings 6 133 1 147 # Sales 7 88 4 111
Average Sale Price $307,986 $330,652 $193,500 $283,704
Median Sale Price Single Family $278,000 $260,000 $215,000 $223,500
Median Sale Price Condo $270,000 $324,500 $144,000 $154,500
Total # Active Residential Listings at end of period
25 34
Oregon School District in Fitchburg
December 2014
2014 YTD December 2013
2013 YTD
# New Listings 1 63 3 32
# Sales 3 42 3 26
Average Sale Price $190,800 $266,893 $381,333 $251,074
Median Sale Price Single Family $169,900 $215,000 $275,000 $224,961
Median Sale Price Condo —- $278,000 —- $255,500
Total # Active Residential Listings at end of period
15 11
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Lafollette High School December 2014
2014 YTD December 2013
2013 YTD
# New Listings 31 803 23 893
# Sales 33 628 35 695
Average Sale Price $171,309 $179,062 $174,937 $175,827
Median Sale Price Single Family $183,900 $186,300 $178,000 $181,500
Median Sale Price Condo $100,250 $110,000 $69,250 $108,750
Total # Active Residential Listings at end of period
153 184
West High School December 2014
2014 YTD December 2013
2013 YTD
# New Listings 24 989 25 1,054
# Sales 58 792 50 879
Average Sale Price $318,619 $308,272 $273,632 $293,406
Median Sale Price Single Family $288,000 $294,500 $271,000 $278,000
Median Sale Price Condo $186,250 $220,000 $196,000 $243,000
Total # Active Residential Listings at end of period
171 239
Memorial High School December 2014
2014 YTD December 2013
2013 YTD
# New Listings 46 1,422 39 1,484
# Sales 68 1,096 70 1,202
Average Sale Price $247,776 $235,031 $250,231 $228,570
Median Sale Price Single Family $237,000 $245,650 $247,000 $235,000
Median Sale Price Condo $187,500 $151,000 $130,000 $145,000
Total # Active Residential Listings at end of period
256 263
Madison High Schools—December 2014
Information provided by the SCWMLS and is based on Single Family Homes and Condos as of January 13, 2015.
East High School December 2014
2014 YTD December 2013
2013 YTD
# New Listings 35 840 23 880
# Sales 43 640 40 715
Average Sale Price $178,258 $196,382 $231,586 $197,350
Median Sale Price Single Family $185,050 $176,000 $170,000 $164,500
Median Sale Price Condo $98,000 $146,000 $169,000 $160,000
Total # Active Residential Listings at end of period
130 184