Friday, November 21, 2008

Dane County October median price down 2.2%, sales down 5%

The October median price for Dane County homes and condos was $220,000 - down 2.2% from the October 2007 median price of $225,000. The year-to-date price through the month of October was $215,000 - down 1.1% from last year's median price of $217,500.

Meanwhile home and condo sales totaled 344 in October - down 5% from last October's 362. Year-to-date sales through the month of October totaled 4,781 - down 21% from last year's total of 6,056.

For a breakdown of the home and condo numbers, check out our preliminary October report on either the buying real estate or selling real estate page at DaneCountyMarket.com. Our full report for the month of October will be available on the real estate trends page in early December.

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