August update: Dane County single family home sales up, prices down

Here's our preliminary report on the month of August based on data from the South Central Wisconsin MLS:

Dane County single family home sales rose 6% last month, while the median price of $229,900 decreased by 3.9% from the August 2008 price of $239,300.

Condo sales were lower by 5%, while the median price of $139,100 decreased by 18.2% from last year's price of $170,000. Fifty-four percent of the condos that sold in August sold at a price lower than $150,000, compared to 34% in August of 2008.

For more details, check out our featured articles section at DaneCountyMarket.com .

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