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Madison area home values expected to increase in 2013

By
Real Estate Agent with RE/MAX Preferred, Madison, Wisconsin

Our Madison area home price index decreased by 2.5% in 2012, but we fully expect that trend to reverse in 2013. With lower supply, rising demand, and trends toward lower days on market and improving listing success rates, we expect 2013 to be the best year in many years for Madison area home sellers.

 

The Madison area condo market is improving as well, although it remains to be seen whether or not condo values will rise in 2013. 

You'll find our full home price index report on the Market Trends menu at DaneCountyMarket.com.


Have a great day,


Dan Miller, Realtor, Keller Williams Realty, www.MadCityDreamHomes.com and www.DaneCountyMarket.com

www.HowWeHelpYouSell.com

www.HowWeHelpYouBuy.com

www.OurRecentSales.com

www.DaneCountyMarketSnapshot.com

www.SearchDaneCounty.com

www.DaneCountyForeclosureSearch.com

 

Comments (1)

Rosemary Brooks
BMC Real Estate - 209-910-3706 - Stockton, CA
The Mother & Daughter Realty Team

Good report and great that you alerting them of possible increases in home values.  Thanks for sharing information on your area.

Feb 01, 2013 10:11 PM