Today I have a market update for the first quarter of 2019. We compared what we saw at the end of Q1 in 2019 to what we saw at the same time last year. Here’s what you need to know:

In Dane County:

• The number of sales was down 7% to 1,287
• The average sale price was up 2% to $319,000

In Madison:

• The number of sales was down 16% to 707
• The average sale price was up 1% to $306,000

“ Appreciation is pretty consistent across the board.”

In Deforest/Windsor:

• The number of sales was up 10% to 67
• The average sale price was down 1% to $307,000

In Sun Prairie:

• The number of sales was up 15% to 145
• The average sale price was down 2% to $294,000

In Waunakee/Vienna:

• The number of sales was down 5% to 54
• The average sale price was up 4% to $473,000

What does all this mean for you? We’re seeing total sales come down a bit, but our appreciation is pretty consistent across the board. If you have any questions about what’s going on in your neck of the woods, don’t hesitate to give me a call or send me an email. I would love to hear from you soon.