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December 2019 Market Update

Tuesday, November 24, 2020   /   by Brad Brethouwer

December 2019 Market Update


Today I’m sharing our market’s December 2019 statistics. These are all compared to December 2018’s numbers. 

DeForest/Windsor:

  • 27 sales, 40% increase
  • Average home value increased by 14%
  • Average days on market: 40 (seven days faster)

Sun Prairie:

  • 48 sales, 17% increase
  • Average home value increased by 7%
  • Average days on market: 57 (eight days longer)

“The spring market has already begun.”

Waunakee:

  • 23 sales, 43% increase
  • Average home value increased by 25%
  • Average days on market: 55 (27 days longer)

Madison:

  • 314 sales, 19% increase
  • Average home value increased by 13%
  • Average days on market: 44 (four days longer) 

In all of these areas, there were more sales than there were listings, which tells me that the spring market has already begun. Also, take note that home values increased in every market. 

If you’re considering selling this year or have any questions about the market, reach out to us by phone or email. We would love to help you.