Dane County Real Estate Market Update: January 2018

dane county market reportIn the 1993 movie classic “Groundhog Day” we watched Bill Murray wake up at 6:00 AM every day only to find he was living the same day over and over again. As we turn the page on another year and look ahead at the 2018 real estate market I can’t help but feel a little bit like Murray.

It feels like we’ve been here before.

Heading into 2018 the big story is low inventory (the number of homes available for sale) followed up with low interest rates, lagging construction, rising prices, and a powerful economy. But we’ve seen this before. In fact, the only real difference between 2018 and each of the previous few years may be that our alarmingly low inventory is at it’s lowest point throughout this time period. read more…

Just Sold: 625 S Orchard St, Madison, WI 53715

625 S Orchard St

Madison, WI 53715

Sold: December 15, 2017

Sales Price:  $287,000

Today we offer another congratulations to the Jungbluth family who just sold this fantastic campus area income property that has been in the family for roughly 80 years!

Over multiple generations both family and tenants have called 625 S Orchard home. read more…

Just Sold: 1901 N Sherman Avenue, Madison, WI 53704

1901 N. Sherman Avenue

Madison, WI 53704

Sold: December 6, 2017

Sales Price:  $215,000

When a home has been in the family for 60 years letting can can be hard.

Today we offer a bittersweet congratulations to the Jungbluth family who just closed on their family home since 1957. This amazing house was meticulously built by the family while they lived on the 2nd floor of the garage during construction in the late ’50’s.

read more…

Just Sold: 6256 Fox Run, Burke, WI 53532

6256 Fox Run

Burke, WI 53532

Sold: December 5, 2017

Sales Price:  $242,000

Congratulations to Nick and Allison who, with the help of Buyer Specialist Tara McKuen , just bought their first home! read more…

Just Sold: 5125 Horned Owl Dr, Madison, WI 53718

Madison WI Home For Sale5125 Horned Owl Drive

Madison, WI 53718

Sold: November 17, 2017

Sales Price:  $193,500

Jeff first met Deandrew in the spring of 2016. After some unfortunate guidance from his lender things didn’t work out that year for Deandrew and his young family. read more…

Just Sold: 673 Prairie Grass Rd, Oregon, WI 53575

673 Prairie Grass Rd

Oregon, WI 53575

Sold: November 16, 2017

Sales Price:  $491,000

The features in this home will simply blow you away…4 bedrooms upstairs, each with their own private bathroom, 3 main level living areas, theater room, wet bar, heated 3 car garage, granite island with gas range, and on and on they go.

Just Sold: 385 N. Bergamont Blvd, Oregon, WI 53575

385 N. Bergamont Blvd

Oregon, WI 53575

Sold: November 16, 2017

Sales Price:  $430,000

When Tim & Emily joined our family for dinner in early September none of us were planning on ending up here. Yet as we came together for a celebration of the read more…