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November Sales Stats – Dane County & Verona

There’s some confusing data coming from the November sales statistics in Dane County. In October, it appeared that median prices had flattened (compared to the same month the prior year) and inventory was increasing. In November prices appear to be up 7.5% again, and inventory appears to be dropping again. That’s not great news if Read More

How to Develop Greater Financial Independence

House sales are down about 20% statewide this year (2023), and 2022 sales were down about 15% compared to 2021. Additionally, we hit the highest number of real estate agents the market has ever seen about a year ago. This means I’m surrounded by agents complaining about how their incomes have gone down and how Read More

October Sales Stats – Dane County & Verona

Every fall the real estate market calms, both in terms of sales and median prices. You can clearly see the seasonal cycles in the Median Price Annual Comparison chart below. This is partly due to less buyer demand this time of year, and partly due to fewer high end homes hitting the market in the Read More

September Sales Stats – Dane County & Verona

We are in the slower fall season of real estate with only 16 sales in Verona in the month of September and 369 total sales in Dane County. The median days on market for homes closed in September was 7-8, which is still quite fast despite a significant calming in buyer activity. Remember this is lagging Read More

August Sales Data – Verona & Dane County

We are almost through another summer, and the kids are back in school. This is the time of year when real estate listings (and sales) generally slow down. The stats are showing reduced sales compared to the prior year as we expect. Few people want to move when their current interest rate is half the Read More

April – July Sales – Verona

Can you believe we’re through July and into August already? We’ve made through another peak real estate season. We continue to see more demand than supply, homes selling quickly, and multiple offer scenarios on many properties. However, there are certainly signs of calming from the prior rapid increase in home prices. Also, slowly increasing inventory and Read More

Coming Soon Listings

Is the lack of inventory in south central Wisconsin getting you down? We have 4 great listings coming in the next few weeks, one of them should fit your needs. They range from $359,900 to $639,900 in Oregon, Verona, Madison (west), and Evansville. Here’s a list of what’s to come: 569 Chads Crossing Verona, WI: Read More

March Sales – Verona

  Here’s the March 2023 home sales and latest stats for the Verona Area School District. If you are looking for some specific real estate data in your community feel free to reach out. As always we are happy to help determine what your home would sell for or how to make your next move work.   Read More

How to Save Thousands By Eliminating PMI

Private Mortgage Insurance (PMI) is something most mortgage loan programs require unless the borrower has more than 20% equity in a property, and it can cost home owners thousands of dollars per year. PMI insures the lender against default by the borrower, and it generally costs 1/2 – 1% of the loan amount per year. Read More

February Sales – Verona

Last month I did year end stats summarizing communities within Dane County, and I’ve had a few requests to show more specific stats and home sales data for each communities around the greater Madison area. Since 35%+ of our sales are in Verona, and that’s where we live and work, I figured I’d start there. Read More

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