Thursday, October 15, 2009

Dane County home and condo sales up big in September

Dane County home sales rose on a year-over-year basis for the third straight month. Home sales last month increased by 19% from last September. Meanwhile Dane County condo sales rose for the first month since October of 2007. Condo sales last month were up 33% from the number of condos sold in September of 2008.

The median Dane County home price decreased by 1.9% in September. The median Dane County condo price decreased by 13.5%, as much of the condo buying activity was in the most affordable price categories.

The first-time home buyer tax credit is certainly spurring sales. In the home market, we're also sensing more interest from move-up buyers seeking larger and more expensive properties.

For more details, your can check our our full report at DaneCountyMarket.com .

Dan Miller, Realtor, Certified Distressed Property Expert, Keller Williams Realty and DaneCountyMarket.com

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