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Madison, WI Weekly Report March 23, 2009

By
Real Estate Agent with www.MadRelo.com, www.EnlighteningRealEstate.com
       Week Ending  23-Mar    
         
Inventory   2009 2008 %Change
  Downtown Houses 26 21 19%
  Downtown Condos 213 200 6%
  West Houses 731 766 -5%
  West Condos 887 922 -4%
  East Houses 473 544 -15%
  East Condos 425 415 2%
  Total Houses 1230 1331 -8%
  Total Condos 1525 1537 -1%
  Grand Total 2755 2868 -4%
         
Market Indicators      
         
  UWCU 30 Mortgage Rate 4.88% 6.00% -23%
  Keller Williams Listings* 242 480 -98%
  # of showings on KW Listings 123 99 20%
  3 week trend 109 112 -3%
  6 week trend 103 123 -19%
  % of listings with showings 50.83% 20.63% 59%
  Av DOM for KW ACT Listings 228 185 19%
         
  *KW Listings in Dane County for 09 and WI for 08