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Madison, WI Real Estate News

By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
       Week Ending  23-Jun               Inventory   2008 2007 %Change   Downtown Houses 35 36 -3%   Downtown Condos 193 353 -45%   West Houses 832 814 2%   West Condos 934 955 -2%   East Houses 594 531 12%   East Condos 452 427 6%   Total Houses 1461 1381 6%   Total Condos 1579 1735 -9%   Grand Total 3040 3116 -2%           Market Indicators                   UWCU 30 Mortgage Rate 6.50% 6.63% -2%   Keller Williams Listings 451 672 -33%   # of showings on KW Listings 109 184 -41%   3 week trend 119 209 -43%   6 week trend 122 212 -42%   % of listings with showings 24.17% 27.38% -12%   Av DOM for KW Listings 201 217 -7%
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
Activity Report for Crestwood, Glen Oak Hills, Merrill Crest, Hill Farms                   Week Ending June 9           Status Address BED Baths  SqFt  Price   Original Price  Active 5529  GETTLE AVE 3 1100 1875 $229,900.00 $235,000.00 Active 6605  GETTYSBURG DR 4 3020 6307 $467,900.00 $485,000.00 Active 5220  Langlois St 3 1010 1478 $199,900.00 $233,000.00 Active 413  N Rosa Rd 3 1000 1392 $202,000.00 $210,000.00 Active 325  S YELLOWSTONE DR 1 1000 850 $94,900.00 $94,900.00 Active 5  N Kenosha Dr 3 2100 2277 $314,900.00 $359,900.00 Active 153  Nautilus 5 2100 2195 $379,900.00 $379,900.00 Active 10  Grand Canyon Dr 2 1010 1242 $132,500.00 $139,900.00 Active 18  Appomattox Ct 4 2100 2601 $299,900.00 $299,900.00 Expired 18  Appomattox Ct 4 2010 2601 $299,900.00 $309,900.00 Expired 113  I...
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
       Week Ending  16-Jun               Inventory   2008 2007 %Change   Downtown Houses 37 37 0%   Downtown Condos 191 357 -46%   West Houses 829 819 1%   West Condos 932 945 -1%   East Houses 580 533 9%   East Condos 447 422 6%   Total Houses 1446 1389 4%   Total Condos 1570 1724 -9%   Grand Total 3016 3113 -3%           Market Indicators                   UWCU 30 Mortgage Rate 6.63% 6.75% -2%   Keller Williams Listings 473 666 -29%   # of showings on KW Listings 114 211 -46%   3 week trend 127 194 -34%   6 week trend 129 220 -42%   % of listings with showings 24.10% 31.68% -24%   Av DOM for KW Listings 193 216 -11%
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
       Week Ending  9-Jun               Inventory   2008 2007 %Change   Downtown Houses 38 36 6%   Downtown Condos 187 340 -45%   West Houses 792 815 -3%   West Condos 956 953 0%   East Houses 571 528 8%   East Condos 454 419 8%   Total Houses 1401 1379 2%   Total Condos 1597 1712 -7%   Grand Total 2998 3091 -3%           Market Indicators                   UWCU 30 Mortgage Rate 6.38% 6.50% -2%   Keller Williams Listings 471 638 -26%   # of showings on KW Listings 135 232 -42%   3 week trend 124 216 -43%   6 week trend 133 228 -42%   % of listings with showings 28.66% 36.36% -21%   Av DOM for KW Listings 190 221 -14%
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By Heidi Uhrig
(Glass Slipper Homes, LLC)
Save your gas and Save Your Money, Get There Green in Madison! There is no question that gas prices both nationally, and here in Madison, are through the roof!  Everyone I know is relying a little more heavily these days on public transportation.  I am therefore providing a great link which is a complete reference map for alternative transportation in Madison.  This site is sponsored by the Wisconsin Department of Natural Resources and the Madison Environmental Group.  It has an interactive map with all your public transportation options in Madison. Utilizing public transportation is a great way for Madison homeowners and residents to save money on gas as well as live a little green!  The fact that Madison has such great alternative transportation options is also a great reason to consi...
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
       Week Ending  2-Jun               Inventory   2008 2007 %Change   Downtown Houses 41 38 8%   Downtown Condos 185 376 -51%   West Houses 788 816 -3%   West Condos 936 968 -3%   East Houses 576 542 6%   East Condos 403 422 -5%   Total Houses 1405 1396 1%   Total Condos 1524 1766 -14%   Grand Total 2929 3162 -7%           Market Indicators                   UWCU 30 Mortgage Rate 6.25% 6.38% -2%   Keller Williams Listings 487 615 -21%   # of showings on KW Listings 133 139 -4%   3 week trend 125 214 -42%   6 week trend 136 229 -40%   % of listings with showings 27.31% 22.60% 21%   Av DOM for KW Listings 185 NA NA
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
Activity Report for Crestwood, Glen Oak Hills, Merrill Crest, Hill Farms                       Week Ending June 2             Status Address BED Baths  SqFt  Price   Original Price  DOM Active 5529  GETTLE AVE 3 1100 1875 $235,000.00 $235,000.00   Active 6605  GETTYSBURG DR 4 3020 6307 $485,000.00 $485,000.00   Expired 6406  Keelson Dr 4 1110 2883 $389,500.00 $389,500.00   Offer-Show 18  Appomattox Ct 4 2010 2601 $299,900.00 $309,900.00   Offer-Show 402  N Whitney Way 3 1100 1398 $239,900.00 $239,900.00  
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
Activity Report for Crestwood, Glen Oak Hills, Merrill Crest, Hill Farms                       Week Ending May 26 2008             Status Address BED Baths  SqFt  Price   Original Price  DOM Sold 5521  Marconi St 3 1010 1668 $204,900.00 $204,900.00 2 Active 5220  Langlois St 3 1010 1478 $229,900.00 $233,000.00 0 Pending 5517  Park Way 2 1000 1587 $184,900.00 $184,900.00 0 Active 5609  Elder Pl 3 1000 1056 $207,500.00 $219,900.00 0 Active 518  ISLE ROYAL DR 4 2100 2679 $415,000.00 $415,000.00 0 Active 402  N Whitney Way 3 1100 1398 $239,900.00 $239,900.00 0 Active 601  Ozark Trl 3 1120 3059 $439,900.00 $439,900.00 0 Active 5722  FORSYTHIA PL 2 1000 1351 $204,900.00 $204,900.00 0
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
Activity Report for Crestwood, Glen Oak Hills, Merrill Crest, Hill Farms                   Week Ending May 19 2008           Status Address BED Baths  SqFt  Price   Original Price  Offer-Bump 10  QUARTERDECK DR 4 1110 3113 $349,900.00 $349,900.00 Offer-Show 5343  FROSTY LN 4 1100 2027 $229,900.00 $229,900.00 Active 413  N Rosa Rd 3 1000 1392 $210,000.00 $210,000.00 Active 5922  South Hill Dr 3 1010 1601 $249,900.00 $249,900.00 Active 5  N Kenosha Dr 3 2100 2277 $324,900.00 $359,900.00 Active 6217  OLD SAUK RD 4 2110 3484 $599,900.00 $675,000.00 Expired 518  Isle Royal Dr 4 2100 2829 $399,900.00 $399,900.00
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
       Week Ending  19-May               Inventory   2008 2007 %Change   Downtown Houses 37 37 0%   Downtown Condos 186 384 -52%   West Houses 811 807 0%   West Condos 948 961 -1%   East Houses 590 545 8%   East Condos 399 426 -6%   Total Houses 1438 1389 4%   Total Condos 1533 1771 -13%   Grand Total 2971 3160 -6%           Market Indicators                   UWCU 30 Mortgage Rate 5.88% 6.13% -4%   Keller Williams Listings 498 620 -20%   # of showings on KW Listings 148 226 -35%   3 week trend 147 241 -39%   6 week trend 151 227 -33%   % of listings with showings 29.72% 36.45% -18%   Av DOM for KW Listings 180 NA NA
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
       Week Ending  12-May               Inventory   2008 2007 %Change   Downtown Houses 35 35 0%   Downtown Condos 182 351 -48%   West Houses 805 789 2%   West Condos 954 952 0%   East Houses 567 545 4%   East Condos 431 424 2%   Total Houses 1407 1369 3%   Total Condos 1567 1727 -9%   Grand Total 2974 3096 -4%           Market Indicators                   UWCU 30 Mortgage Rate 5.85% 6.13% -4%   Keller Williams Listings 497 601 -17%   # of showings on KW Listings 152 236 -36%   3 week trend 149 244 -39%   6 week trend 151 226 -33%   % of listings with showings 30.58% 39.44% -22%   Av DOM for KW Listings 179 NA NA
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
Activity Report for Crestwood, Glen Oak Hills, Merrill Crest, Hill Farms                           Week Ending May 12 2008             MLS # Status Address BED Baths  SqFt  Price   Original Price  DOM 1520768 NEW 6409  ANTIETAM LN 4 2100 3709 $447,000.00 $447,000.00 0 1503133 Pending 6302  Mineral Point Rd 2 1100 1110 $115,000.00 $115,000.00 0 1510652 Pending 6334  Landfall Dr 4 2010 3846 $499,900.00 $499,900.00 0
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By Real Estate Guy in Madison, Wisconsin, Real Estate Guy
(Powered by: Real Broker LLC)
Real Estate Guy still pushing the boundaries of traditional Real Estate   For so long, Real Estate has been considered the realm of individual agents all doing their own thing.  Many companies discourage any type of  practice out side of this model.  Prefereing to keep agents separate because it is better for the company's bottom line.    However Keller Williams does not only encourage this, it has a training and coaching program to promote the growth of teams. The philosophy from the company is if we help agents to grow and become successful then our the company will grow.   (It seems to be working because since I joined KW in 2002, agent # has jumped from 12,000 to just shy of 80,000.  Over these years I have become immersed in the Keller Williams culture, systems and trainings, havin...
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By Heidi Uhrig
(Glass Slipper Homes, LLC)
Since it is Spring, and there seems to be many people buying Madison real estate and moving to new homes these days, I thought I would share another green decorating tip. This one is about painting. We all know that paint is not the most environmental friendly to produce and that it needs to be discarded of properly to avoid causing environmental contamination. With that being said though, we all still need paint so that we can make our Madison real estate investments look and feel like home!The last post included a link to the mod green pod, which offers some great green paint products. But on top of that it is also important to ensure that we don't buy more paint than needed. HGTV has this great paint calculator you can use before you start your next project. Check it out before you s...
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
Activity Report for Crestwood, Glen Oak Hills, Merrill Crest, Hill FarmsWeek Ending May 5 2008MLS #StatusAddressBEDBaths SqFt Price  Original Price DOM1508655     Sold6  Merrill Crest Dr210001109$174,000.00 $184,900.00 351513354     Pending5521  Marconi St310101668$204,900.00 $204,900.00 01519318     Active5220  Langlois310101478$233,000.00 $233,000.00 01519652     Active6714  Inner Dr311102160$299,500.00 $299,500.00 01514961     Active5  N Kenosha Dr321002277$339,900.00 $359,900.00 01519665     Active221  Gammon Rd430105190$1,199,000.00 $1,199,000.00 0
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
      Monday, May 05, 2008week#18    Inventory20082007%ChangeDowntown Houses34333%Downtown Condos177354-50%West Houses8077803%West Condos9479500%East Houses5585227%East Condos4394166%Total Houses139913355%Total Condos15631720-9%Grand Total29623055-3%     Market IndicatorsUWCU 30 Mortgage Rate6.00%6.13%-2%Keller Williams Listings491595-17%# of showings on KW Listings142260-45%3 week trend151230-34%6 week trend152214-29%% of listings with showings28.92%43.70%-34%Av DOM for KW Listings183NANA
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
      Monday, April 28, 2008week#17        Inventory20082007%ChangeDowntown Houses34333%Downtown Condos199344-42%West Houses8057991%West Condos9689571%East Houses5445303%East Condos4544237%Total Houses138313622%Total Condos16211724-6%Grand Total30043086-3%     Market IndicatorsUWCU 30 Mortgage Rate6.13%6.25%-2%Keller Williams Listings493568-13%# of showings on KW Listings153235-35%3 week trend155213-27%6 week trend145204-29%% of listings with showings31.03%41.37%-25%Av DOM for KW Listings184NANAClosings mtd 170329-48%
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By Brent Sainsbury
(www.MadRelo.com, www.EnlighteningRealEstate.com)
Activity Report for Crestwood, Glen Oak Hills, Merrill Crest, Hill FarmsWeek Ending April 28 2008MLS #StatusAddressBEDBaths SqFt Price  Original Price DOM1518699     Active6302  Mineral Point Rd11000850$97,500.00 $97,500.00 01518031     Active10  Grand Canyon Dr210101242$144,900.00 $144,900.00 01518711     Active5343  FROSTY LANE411002027$229,900.00 $229,900.00 01514961     Active5  N Kenosha Dr321002277$349,900.00 $359,900.00 01509778     Active6621  Gettysburg Dr421004132$419,900.00 $439,900.00 01514516     Offer-Show6302  Mineral Point Rd211001140$124,000.00 $124,000.00 01506714     Offer-Show6514  OFFSHORE DR320101938$174,900.00 $174,900.00 0
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By Real Estate Guy in Madison, Wisconsin, Real Estate Guy
(Powered by: Real Broker LLC)
Madison, Wisconsin, Home For sale in a wonderful neighborhood, just blocks to Elvehjem school. A new front deck above the street is a perfect day to sit and watch the occasional car and the neighbors as you unwind from a busy day.      If you prefer, the fenced real yard is more secluded.  It has a woodland look with many wild and native flowers.  You can also see the size of the home from here. A custom 4 bed home with formal dining and fireplace.   Enjoy the masses of space, new flooring, 3 season porch, the nature lovers fenced wooded rear yard.  1 3/4 car garage.   Spacious living room.   2 lower and 2 upper bedrooms all have ample space, a mass of built-ins.     As a great bonus, how about a large comfortable family room in the lower level.   Newer, softener, appliances, roof, chim...
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By Heidi Uhrig
(Glass Slipper Homes, LLC)
So the weather is great, everyone is a bit happier and without a winter coat (FINALLY!!)!  Another highlight, the Madison real estate market is picking up.   All the signs are pointing to the start of the spring/summer season.  With this season, comes the yard clean ups that are so very important in protecting your Madison real estate investment, your home!   Performing your yard clean up is important for all homeowners, but especially important if you are trying to sell your Madison home.  I would encourage all Madison homeowners to take advantage of the Spring Leaf and Garden Waste Collection that is being provided by the city of Madison.  It will continue until May 2 and pick up times are dependent upon your Madison property address.  Take a look at Madison's site for more details. I...
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