The preliminary Dane County real estate numbers are in for the month of June...
The median price for a Dane County home was $238,900 in June, compared to $233,000 from a year ago, up by 2.5%. The year-to-date price was $225,000, down .9% from the 2007 year-to-date price of $227,000.
Dane County home sales were down by 18% in June compared to June of 2007, while year-to-date home sales were down by 22%.
The median price for a Dane County condo was significantly lower in June, registering at $156,900, down 10.4% from the June 2007 price of $175,077. The year-to-date price was also lower, registering at $164,900, down 2.1% from the year-to-date price of $168,500 in 2007.
The recent drop in Dane County condo sales continued during the month of June, when sales were lower by 37%. Year-to-date condo sales remained lower by 32%.
The National Association of Realtors will be releasing their national price and volume numbers for the month of June on Thursday. Stay tuned...
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