November 2015 Madison WI Real Estate Market Trends: View the latest trends in the mortgage, foreclosure, new construction, and single family home real estate markets. Includes the latest data for Madison home prices, single family home inventory, pending home sales, expired listings, and more.

1. Madison WI Real Estate
Market Update
Single Family Homes
NOVEMBER, 2015
Dan Miller, RE/MAX Preferred www.MadCityDreamHomes.com (608)-852-7071

2. Madison Single Family Market
A Seller’s Market – Nov, 2015
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Demand is HIGH
Supply is LOW
Few Listings are EXPIRING
Homes are Selling QUICKLY
Prices are at RECORD HIGHS

3. Madison WI Home Sales:
3rd Highest November Since 2004
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Homebuyer Tax Credit

4. Madison Accepted Offers:
2nd Highest November Since 2006
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Expect
Strong Sales in
Dec, Jan

5. New Single Family Listings:
Entering the Market at a Slow Pace
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
A Low Influx of
New Listings is Limiting the
Supply of Homes for Sale and
Contributing to Rising Prices

6. Madison Home Supply:
VERY LOW in December
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
VERY LOW INVENTORY
Under $350,000

7. Single Family Expired Listings
Historically Low in November
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Sign of a
SELLERS MARKET

8. Madison Listing Expiration Rate
Remained Low in November
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Sign of a
SELLERS MARKET

9. Single Family Days on Market:
Historically Low in November
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
47 Days:
Historically Low
Sign of a
SELLERS MARKET

10. Madison Home Prices:
Highest November on Record
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071

11. Madison Area Housing Starts
Highest November in 8 Years
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
* Housing Starts
Remain Well Below
the Levels that Helped
Contribute to the
Real Estate Bubble

12. Madison Area Foreclosures
Lowest November Since 2004
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
• Low Foreclosure Levels Will
Benefit Home Sellers by
Helping to Keep the Supply
of Available Listings Low

13. Mortgage Rates
Historically Low in November
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
* Freddie Mac Expects
the 30 Year Rate to
average 4.5% in 2016

14. For More Madison Market Info Visit:
MadCityDreamHomes.com/madison-home-report.php
MadCityDreamHomes.com/foreclosure-report.php
MadCityDreamHomes.com/housing-starts.php
MadCityDreamHomes.com/mortgage-rates.php
Dan Miller, RE/MAX Preferred
www.MadCityDreamHomes.com (608)-852-7071
Dan Miller
• 608-852-7071
• dan@madcitydreamhomes.com
Chris Venden
• 608-279-7852
• chris@madcitydreamhomes.com
Tammy Steiner
• 608-290-1059
• tammy@madcitydreamhomes.com