Blog Archives

2017 was a great year to own real estate! Here’s a first look at the 2017 numbers. Zillow reports that nationwide property values were up 6.7%. According to the Wisconsin Realtors Association (WRA) as of January 1, median prices in Wisconsin were up 5.8% and Dane county prices were 7.3% over 2016. The number of Read More

Home sales in Verona have been strong through the summer, up 29% over last summer. This is interesting; considering the number of sales in Dane county is actually down compared to last year. I would guess this is primarily due to a higher volume of construction in Verona as compared to many other areas of Read More

It’s that time of year again, the time when the Spring real estate market goes crazy! Currently we are seeing very low inventory in Verona and around the Madison area. There are only 34 available homes for sale in Verona, and 194 that have sold in the past year. This equates to only 2.1 months Read More

There’s no question 2016 was a great year for real estate in Wisconsin. Here’s a first look at the numbers. According to the Wisconsin Realtors Association (WRA) as of January 1 2017, the median home sale price in 2016 statewide was $165,000. This is a 5.8% increase over 2015. Roughly 81,000 houses sold in the Read More

August home sales in Verona definitely calmed from previous months. Although, as the kids start going back to school, it is pretty typical that the market begins to slow down a bit. Inventory also increased a bit to 4.5 months. Statistically this is leaning more towards a neutral market (though still in favor of the Read More

In July Verona single family home sales continued to be strong. The average home sold was up 13% over last July. That doesn’t necessarily mean your house is worth 13% more, because in a market as small as Verona a few high dollar sales could tip the average a bit. Although, prices are definitely up Read More

It’s been a seller’s market which means that the inventory of homes available is low in comparison to the number of homes that have sold.  In many cases when a good home at an appropriate price comes on the market, buyers are competing for that home. This is putting upward pressure on prices, and as Read More

The first half of 2016 has been great for sellers in the Verona housing market. Although, it’s been pretty tough for buyers, with many homes receiving competing offers. Buyers wish things were staying more affordable and weren’t so competitive. However, sellers are loving the inflated prices and quick sales. Verona currently has 3.4 months of Read More

In May Verona single family home sales jumped to 23. That’s more than April, but still doesn’t outdo May 2015. Although, 35 homes are currently under contract, so maybe we can expect a few more closings in June. Average prices were up to $339,719. This is 9.3% higher than last year. A couple of interesting Read More

In April 18 home sales closed in Verona. As crazy as the market is, that’s not an astounding number. I think that is mostly a result of the low 3 months’ worth of inventory though. Buyers just can’t find what they want for a price they are willing to pay. All the other statistics and Read More