Here you'll find the latest on what's happening with the housing market.

March brought 504 closed sales, a median price of $465,900, and just 7 days on market. Buyers are being more intentional about where they spend.

 

If you've been wondering what the Dane County housing market is actually doing right now, March gave us a pretty clear picture. Homes are selling, prices are strong, and buyers are rewarding the homes that feel the most dialed in. The market is still moving, just a little more selectively than it was a year ago.

504 closed sales, and prices are still climbing. In Dane County, there were 504 closed sales last month, which was up about 6% from the same time last year. The median sale price came in at $465,900, also up about 7% year-over-year, and the average sales price came in over $515,000.

So…

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Interest rates remain a major factor for buyers in Dane County, but understanding how rates, inventory, and timing interact can shape smarter homebuying decisions.

Are interest rates stopping you from buying a home in Dane County? Many buyers are asking whether they should move now or wait for rates to drop. The truth is that interest rates matter, but they are only one piece of the homebuying puzzle. To make a smart decision, it helps to understand how rates, inventory, and long-term goals all work together in today’s market.

Let’s dive in.

Interest rates are still elevated but improving. Mortgage rates in Dane County/Madison are currently around 5.875% to 6% for a typical 30-year fixed mortgage, which is higher than pandemic lows but an…

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Mortgage rates are easing, and inventory is slowly rising, but local conditions still matter more than national headlines.

How is the Dane County real estate market right now? If you are wondering whether now is a good time to buy, sell, or stay put in Dane County, you are not alone. Many people feel confused by headlines and mixed signals. The good news is that when you zoom in locally, the picture becomes much clearer. 

Let’s break down what’s happening in the market right now.

The Dane County market is calmer than before. The market feels more stable. There is less panic, fewer rushed decisions, and more time to think things through. Buyers and sellers are not under the same pressure they were before, which makes planning easier and less…

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Your trust made this year meaningful. Wishing you a peaceful holiday.

This season, my wish is simple: may your home be full of laughter, your table full of good food, and your inbox free of spam.

It’s been an honor to be part of your real estate journey, helping families find their dream homes and guiding sellers through smooth transitions. Your trust and support mean the world to me.

I hope this season brings you rest, joy, and time with the people who matter most. 

If you have any real estate questions or plans for the year ahead, I’m always just a call or message away.

Wishing you a wonderful holiday season and a bright start to the new year!


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What is the ideal time to get your house on the market?

The answer is different for everyone. It might be your individual needs. If you need to be in Albuquerque in a month, that answer will always be as soon as possible. If you could perfectly time it in our market, most accepted offers happened in the month of April.

We currently have an extremely low supply of available houses that don’t already have accepted offers. In Dane County, we have 409 active homes, single-family homes, and condos for sale. In Madison, we have 90 without an accepted offer. In a balanced market, you have about six months’ supply of homes and condos for sale, where the market doesn’t advantage sellers and doesn’t advantage buyers. In Dane County, we have 21 days…

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Dane County Real Estate Recap 2022 

The real estate market in Dane County saw a decrease in sales of single-family homes and condos in 2022, with 15.4% fewer homes sold for a total of 7,293. This can be attributed to the 14.2% decrease in listings that came onto the market. The low inventory levels also played a role in the decrease in sales. The total number of active homes on the market as of January 1 is only 526.

Interest rates have also increased, currently sitting at over 7%. Although there may be some fluctuation, it is expected that they will stay in the range of 6% to 7%. This increase in interest rates has led to a drop in price appreciation, however, the average and median sale prices for homes and condos in Dane County still saw…

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How to Calculate your Net Proceeds

The market has been changing lately, and many people have been wondering if it’s a good time to sell their homes. If that is you, one factor that will help you make that decision is knowing how much money you’ll get to keep after you sell. Too many people oversimplify this estimate and end up disappointed. I want to help you avoid that.

Start by using a home value estimate calculator. You can access mine here. This is a free tool that shows you an estimate of how much your home is worth. This is not a guarantee, so know that numbers will fluctuate. However, this will at least help you get a good ballpark figure to start with.

After that, figuring out how much of the money from your home sale that…

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The latest news about the real estate market this holiday season.

Happy holidays! Thank you for putting your trust in our team. I also want to give you a quick update on what’s happening in the market. There are so many doom and gloom headlines. While they might reflect some parts of the country, real estate markets are very local. Even from one city to another nearby, there can be vast differences. 

 

 

Right now, homes are still selling, however, the supply of available houses is still low. We have half a month of active inventory. Even if you include the listings with accepted offers, we still only have one month’s supply. A balanced market would have about six months of inventory, so this is still a seller’s market. If you’re a buyer…

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You have options to safeguard yourself from fluctuating rates.


The Federal Reserve has increased rates multiple times this year so far and will continue to do so throughout 2022. That means if you’re in the process of buying a home, the rate your lender quotes could increase sometime in the future. So what happens if interest rates increase after you’ve already gone under contract? Is there any way to protect yourself?

 

 

First of all, when we’re writing an offer with a financing contingency, we typically determine whether your rate is fixed or variable and what terms would allow you to cancel the contract. In a rising market like this, you should get a mortgage rate lock as soon as possible in the process to prevent your rate from…

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If you're wondering what's happening in the real estate markets for both Madison, WI and Dane County, you're in the right place. Read on for today's market update.

Want to sell your home? Get a FREE home value report.
Want to buy a home? Search all homes for sale.

At the moment, we're in a seller's market, as we have been for quite some time. In the greater Madison area, there's currently less than one month’s supply of homes available for sale. In Dane County, there's a little less than 1.5 months of supply.

Some of you may ask, how does a seller's market affect property values? 

Generally speaking, a low supply of homes for sale puts upward pressure on pricing. However, since it's still early in the year, most sellers haven’t…

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