Here's our latest insight into the Madison area condo market, starting with our view into the latest pricing trends.
Dane County condo prices
On a year-over-year basis:
- The price per square foot increased from $206 to $222 (8 percent).
- The median price increased from $281,000 to $301,000 (7 percent).
- The average price increased from $316,368 to $345,510 (9 percent).
On a year-to-date basis:
- The price per square foot increased from $202 to $215 (6 percent).
- The median price increased from $267,860 to $300,000 (12 percent).
- The average price increased from $299,777 to $333,552 (11 percent).
New condo listings
New condominium listings continued to enter the market at a slow pace. Only 112 condos were listed for sale on the MLS last month, which was the lowest total for any month of September in the last 22 years.
