More evidence that the Dane County real estate market is faring well compared to most other markets around the country. Yesterday the National Association of Realtors and Wisconsin Realtors Association released their median price and sales volume statistics for the second quarter of 2008 (April through June).
Median Price
- The Q2 2008 median price for Dane County homes and condos increased by 1.1% from Q2 of 2007
- The Wisconsin median price decreased by 3%
- The National median price decreased by 7.6%
Sales Volume
- Dane County Q2 2008 home and condo sales decreased by 23% from Q2 2007
- Wisconsin home and condo sales decreased by 21%
- National home and condo sales decreased by 16%
Dane County sales continue at a sluggish pace, but prices are holding up very well compared to other markets around the state and country. Two big reasons for this are Dane County's stable economy and low unemployment rate.
For more information on the Dane County single family home and condo market segments, visit the real estate trends page at DaneCountyMarket.com.
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