Before we get too far into the new year, let’s take a moment to review the 2019 market year as it compares to 2018.
In DeForest and Windsor, there were a total of 371 single-family home and condo sales for the year of 2019. That’s a 14% increase over the previous market year. The average home value increased by 7% from 2018 to 2019, and the average days on market was 53 days—a bit slower than the average of 45 days in 2018.
In Sun Prairie, there were 776 home sales, which was up by 2% over 2018. The average home value was up 2% over the previous year, ending at around $300,000. The average days on market in 2019 was 44 days, compared to 35 days in 2018.
“In Madison, the average home values jumped up by 5%.”
In Waunakee, Westport, and Vienna, there were 305 home sales in September, a 2% drop year over year. The average home values in these areas increased by 2%, and the days on market increased from 36 days in 2018 to 45 days in 2019.
Finally, in Madison, there were 4,435 home sales, which is 4% fewer than the previous year. The average home values jumped up by 5% between those years. The average days on the