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One of the most important things to success in todays real estate market is to make sure the price is right. Getting it right the first time can save time and money. This is why I like to look at and analyze the data on sales. Knowing what has been selling, at what price, and how long its been on the market gives me a special insight into the market in Middleton Hills. With this blog I hope to share some of that insight in a way that's easy to understand. Please share your thoughts and comments and always feel free to contact me with any questions.

Friday, May 18, 2012

Open Houses this Sunday, 5/20

The following homes have open houses:

From 1-3pm- 6805 Phil Lewis Way and 3460 John Muir Dr

From 2-4 pm- 3301 Glacier Ridge Rd, 3293 Prairie Glade Rd, and 6901 Ramsey Rd

NEW LISTING

Another home is now up for sale in Middleton Hills, bringing the total to 11 (excluding 3625 Fellowship, which has an accepted offer).

6805 Phil Lewis Way is a 3 bedroom and 3 bathroom home with 2233 square feet.  It is listed for $449,000.

Wednesday, May 9, 2012

2 NEW LISTINGS

6806 Erdman Blvd just hit the market and is listed for $484,900.  This home has 3 bedrooms, 2.5 bathrooms, and 2549 square feet.

The other new listing is 3460 John Muir Dr.  It has 2978 square feet with 4 bedrooms and 4 bathrooms.  The list price is $519,000.

This now brings the total number of single family homes for sale in Middleton Hills to 10 (excluding one that has an accepted offer).  One is a 2 bedroom, two are 5 bedrooms, two are 4 bedrooms, and five are 3 bedrooms.

Monday, May 7, 2012

NEW LISITNG

3293 Prairie Glade Rd is a 3 bedroom, 2.5 bathroom home with 2528 square feet.  The list price is a value range from $499,000-$519,000.

Thursday, May 3, 2012

Lot Sale Information


Street Address
Lot #
SQFT
Price
6841 Ramsey Rd
417
5616
$173,900
6821 Ramsey Rd
422
6013
$177,900
6817 Ramsey Rd
423
5643
$174,900
6813 Ramsey Rd
424
5173
$170,900
6809 Ramsey Rd#
425
4758
$167,000
3486 Glacier Ridge Rd
400
6963
$198,900
3414 Glacier Ridge Rd
408
7014
$270,000
3470 Glacier Ridge Rd
402
7035
NA
3454 Glacier Ridge Rd
404
7238
NA

#Sold for full price on 4/13/12.

3454 Glacier Ridge is no longer showing up as having an accepted offer.  6841 Ramsey Rd, previously showing a pending status, is also now showing no activity.

Condos For Sale


Address
Price
First Price
CDOM
Price/ Sq Ft
*6767 Frank Lloyd Wright Ave #311
359,000
365,000
NA
267
*6767 Frank Lloyd Wright Ave #219
259,000
259,900
29
196
6753 Frank Lloyd Wright Ave
239,900
244,900
302
192
6767 Frank Lloyd Wright Ave #210
269,500
269,500
190
201
AVG
281,850
284,825
174
214











Information based on data from FSBO Madison and the South Central Wisconsin MLS

*For Sale By Owner or Limited Service

6767 Frank Lloyd Wright #321 Expired on 4/20/12.  It was a 2 bed 2 bath with 1343 square feet.  It was on the market for 699 days and was last listed for $220,000.

April Condo Sales

There was one sale in April.  This is also off the pace off last year when there were 3 sales in the first 4 months.  Middleton Hills has not experienced the increase in condo sales seen in Dane County as a whole.  However, this does not mean the neighborhood is in bad shape compared to county condo sales.  While there is currently 16 months of inventory (based on the 1 sale in 4 months) this is on par with the overall picture in the condo market right now.

First
Price
Last
Price
Sold
Price
SP/FP SP/LP Cum.
Days on
Market
# Days
From Last
Price Change
Until Offer
274,900 179,000 179,000 65% 100% 409 37
$274,900 $179,000 $179,000 65% 100% 409 37