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Madison Real Estate Weekly Report for the Week ending Nov 26 2007

By
Real Estate Agent with www.MadRelo.com, www.EnlighteningRealEstate.com

     

 

26-Nov-07

 

week#

48

Inventory

 

 

2007

2006

%Change

 

Downtown

Houses

29

28

4%

 

Downtown

Condos

218

224

-3%

 

West

Houses

686

822

-17%

 

West

Condos

901

1026

-12%

 

East

Houses

576

566

2%

 

East

Condos

448

495

-9%

 

Total

Houses

1291

1416

-9%

 

Total

Condos

1567

1745

-10%

 

Grand Total

 

2858

3161

-10%

 

 

 

 

 

 

Market Indicators

 

 

 

 

 

 

 

 

 

 

 

UWCU 30 Mortgage Rate

6.13%

6.00%

2%

 

Keller Williams Listings

518

412

26%

 

# of showings on KW Listings

89

52

71%

 

3 week trend

 

123

92

 

 

6 week trend

 

125

96

 

 

% of listings with showings

17.18%

12.62%

36%

 

Av Days on Market for KW Listings

179

 

 

 

Closings mtd

 

121

232

-48%

Brent Sainsbury
www.MadRelo.com, www.EnlighteningRealEstate.com - Madison, WI

Highlights

 Overall inventory is down 10% in the city.

 Closings look like they will be down for the month of November compared to last year

Nov 26, 2007 03:35 AM