Madison Real Estate Weekly Report for the Week ending June 23, 2008
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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