Wednesday, November 19, 2008

Third quarter sales lowest since the year 2000

The Wisconsin Realtors Association has released its data for the third quarter of 2008 (July through September). According to the Association, the Dane County median combined home and condo price was $219,000, down 2.7% from the Q3 2007 price of $225,000.


Perhaps the bigger story is in the sales data. The WRA reports that 1,631 Dane County homes and condos sold during the third quarter, the lowest total out of any third quarter since the year 2000, and the second lowest out of every third quarter dating back to 1997.

You can view the WRA Dane County price and sales figures for every quarter dating back to 1997 here. You'll find our monthly, year-to-date and annual statistics on the real estate trends page at DaneCountyMarket.com. In the next couple of days we'll provide our preliminary report on the price and sales numbers for the month of October.

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