Madison WI Real Estate Blog

March 2017 Market Recap

Sales for both single-family homes and condominiums in Dane County fell 8.7% in March 2017 compared to March 2016. A large portion of the decline in sales is due to lower than normal inventory of active listings, according to the South Central Wisconsin MLS Report.

Monthly medial sales throughout Dane County increased year-over-year for the 19th month out of the last 20. Median sales prices for single-family homes have risen 6% over the past 12 months, while condominium prices have gone up 9.6%.

The lack of active inventory has had an impact on Dane County. March 2017 showed only 1.7 months of active inventory for single family homes and only 1.3 months for condos. For the real estate market to be considered as a balanced market, about six months of active inventory is necessary.

Throughout the rest of spring and into summer, the inventory for existing and new homes and condos will play a large part in whether sales are as high as they can be. Other factors are not having as much of an impact with interest rates up just slightly, the economy improving and the job market providing more stability.

Homeowners looking to sell in Dane County, now is the time. Buyers are ready to make an offer and it's certainly a sellers’ market right now.

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Veridian Homes: Building Top Communities in Madison

Veridian Homes is known as one of the top home builders in the Madison with a number of great communities within the area. The company provides a number of excellent home plans and they are well-known for building green, energy-efficient options. If you're looking to start the new construction home process, Veridian Homes may be the right choice for you.

What to Expect with Veridian Homes

Veridian Homes does everything possible to make the home building process easy. You get to use the design studio to select many features including flooring, siding, countertops, faucets and so much more. This makes it every easy to customize your home to fit your specific tastes.

With more than 60 years of building experience, Veridian homes has provided many high quality, healthy homes throughout Dane County. You'll work with a new home specialist to ensure you understand every step in the process. With a commitment to incredible customer service, Veridian Homes has built a reputation as Madison's top home builder.

Veridian Homes Neighborhoods

Veridian Homes places many of their neighborhoods in convenient locations close to restaurants, schools, parks and shopping. Currently, there are 19 new communities featuring Veridian Homes as the builder. Some of the top communities include:

  • Daybreak Valley in Middleton - Featuring a quiet environment with incredible shopping and dining nearby, Daybreak Valley is a very charming option from Veridian Homes.
  • Spruce Hollow in Town of Middleton - A golf course community with plenty of trails and endless amenities,...

Upcoming Event: 2017 Parade of Homes

Every year, the Madison Area Builders Association holds the Parade of Homes event. This event helps to shine the spotlight on many new home communities throughout the Madison area. Whether you're looking for inspiration for your own home or you're considering a new construction home, this event is for you.

Neighborhoods

This year, seven different neighborhoods will be a part of the Parade of Homes event including:

  • Heritage Gardens
  • Kilkenny Farms
  • Savannah Brooks
  • Nordic Ridge
  • The Legend at Bergamont
  • Westbridge
  • Windsor Gardens

The Legends at Bergamont in Oregon is one of the featured neighborhoods. This luxury community covers about 523 acres and offers incredible amenities throughout. It's built around an 18-hole championship golf course with a clubhouse, swimming pools, fitness center and more.

Another great choice for luxury and unique amenities, Westbridge in Waunakee will be featured during the event. This neighborhood provides access to a popular zipline park and many other great amenities.

All of the featured neighborhoods show off some of the best new communities found throughout the Madison, Wisconsin area.

Parade of Homes Builders

Those attending the event will have the opportunity to see some of the work from top area builders. Participating builders for the event include:

  • Acker Builders
  • Alterra Homes
  • Bowers Construction
  • Classic Homes of Madison
  • Craftsman Construction
  • DK Design Build
  • F&F Home Construction
  • HLW Builders
  • Landmark Builders
  • Midwest Homes,...

Monona Terrace Fun Summer Events

Monona Terrace is one of the hottest places for events in the summer. With concerts, dance events and so much more, this section of Madison provides plenty to enjoy. In addition, it's one of the best places for great views of Lake Monona.

As Madison's premier convention center, Monona Terrace often holds conferences and meetings. However, there are many special events held here throughout the year. The facility was also designed by Frank Lloyd Wright and offers guided tours and a rooftop terrace for dining and drinking throughout the summer.

Upcoming Events at Monona Terrace

From Yoga to design events, there's always something going on at Monona Terrace. Below is a quick look at some of the best events coming this summer.

Go Red for Women Luncheon - May 5th from 10:30am to 1:30pm  

A noble event helping to support living a healthier lifestyle, the Go Red for Women luncheon will help unite the community. It's just one of the Many Go Red for Women events held throughout Madison, Wisconsin each year.

Pokémon Regional Competition & Ohana-Con - June 2nd to 4th from 3pm to 9pm

If you love Pokémon, this family-friendly cosplay event is perfect for you. It's one of the largest annual Pokémon Regional Championships in the country with all types of gaming enthusiasts on hand.

Shake The Lake Rooftop Party...

Serious Buyers Don't Wait for Open Houses

The market is heating up and you cannot wait any longer. Competition in Madison has become heavy and if you wait for an open house, you might have to go back to the drawing board.

New listings are hitting the market and drawing a large amount of interest very fast. If you or your buyer's agent discover a new listing you like, don't wait for an open house to view it. Instead, schedule your showing as soon as possible.

First in Line isn't Enough

Being the first one to view the home may help, but it's not enough. You have to be ready to buy. Before you start your home search, make sure:

  • You have a pre-approval letter
  • Your down payment is ready
  • You know your budget
  • You have a list of needs and wants for your next home
  • You have a skilled agent to provide advice

Going into a home showing ready to buy is the only way to gain an edge when the market is so hot. Right now, you're likely to face stiff competition in Madison, Wisconsin. Preparation will make your position at the front of the line even stronger.

Open House Canceled!

Have you seen this headline lately? Many buyers have been burned by showing up to a canceled open house or counting on it without realizing the property has already gone into "pending" status.

If you delay on a home you're interested in, you may receive a notification of a cancelled open house. Homes are selling fast in Madison and you just cannot afford to delay.

Working with a Top Real Estate Team

One of the best ways to ensure you get...

Summer Concert Series: Concerts on the Square

The Concerts on the Square series provides a popular choice with the Wisconsin Chamber Orchestra. It's one of the largest outdoor concerts held in Madison. More than 120,000 people attend this series every summer and enjoy plenty of great music.

The concert series will be held on the Capitol Lawn again this summer with six different dates. All concerts within the Concerts on the Square series will be held on Wednesdays at 7pm. Here's what you can expect this year.

Performance Dates and Information

Six Wednesdays in a row will provide performances on the Capitol Lawn. Dates for the Concert on the Square events include:

  • June 28th, 2017
  • July 5th, 2017
  • July 12th, 2017
  • July 19th, 2017
  • July 26th, 2017
  • August 2nd, 2017

Each show will begin at 7pm. You can start placing blanked to save your spot at 3pm. Any blankets placed before 3pm will be removed. At 5pm before the show, the food and beverage booths will open, along with the kids' area.

Vendors

A number of vendors will be available providing food and beverage options. Vendors for this year's concert series include:

  • Wisconsin Chamber Orchestra - Providing Beer, Wine, Soda and other beverages
  • Chocolate Shoppe Ice Cream - Providing ice cream, cheesecake, pie, cookies and cupcakes.
  • Curt's Popcorn - Providing gourmet popcorn in a variety of flavors.

Along with these three vendors, there will be several Box Supper Vendors. You can reserve your meal in advance of the show. Box Supper Vendors include:

  • Bandung
  • Cranberry Creek Cafe & Grill
  • Eldorado Grill
  • Five Star BBQ
  • Fromangination
  • Greek Street
  • Gristle
  • Jamerica
  • O.S.S.
  • Papa John's
  • The...

How to Stage and Show Your Home With Kids

We love our kids, but they can make it a bit harder to stage and show a home for sale. Preparing your home to be sold is stressful enough without having to clean up after the kids. However, there are some easy ways to get your home ready and keep it "show ready" even with children in the house. Here are a few easy to follow tips.

Choose a Real Estate Professional that Fits

The first step in the home selling process is hiring the right real estate agent. Make sure you choose an agent fitting well with you, your home and your family. The decision shouldn't be based on the agent providing the highest listing price. Instead, make sure they understand how to work with you and your family.

Get your Kids Ready to Sell

One of the most important steps when it comes to staging and showing a home with kids is preparing the little ones. They need to understand what it means to sell the home and you shouldn't wait until the "for sale" sign goes up.

Make the idea of selling your home an adventure as they pack some of their toys away. It's also a good idea to give your children a job and let them feel useful as they help get the house ready.

Clean and Declutter

Before you start the cleaning and decluttering process, you may need to rent a small storage unit. Children tend to have a large amount of stuff and you will probably need to remove most of it from the home. If you want to get top dollar, you should only leave the necessary. Eliminate as many knick-knacks, toys and photos as possible and clean up anything else considered personal. Keep just a few of the favorite toys for your children.

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Top 3 Farmers' Markets Found Near Madison, WI

Heading to a farmers' market provides plenty of fun, great food and a sign that spring is really here. In Madison, Wisconsin, the farmers’ markets become very busy as the weather warms up and the snow melts. Here's a quick look at three of the top farmers' markets you'll find near Madison.

Dane County Farmers' Market

As the original farmers' market in Madison, the Dane County Farmers' Market is one of the most popular. A number of vendors participate in the market providing quite the variety of goods. Plenty of baked goods, cheese, meat, dairy products, vegetables and specialty items are found throughout the market. Find a complete list of what's available by the season on their website here.

The Saturday Market is held on Capitol Square from 6:15am to 1:45am, starting April 15th and running through November 11th.

The Wednesday Market is held at the 200 Block of MLK, Jr. Boulevard from 8:30am to 1:45pm, starting on April 19th and running through November 8th.

Capitol View Farmers' Market

Held every Wednesday from 3pm to 7pm from May 31st to October 11th, the Capitol View Farmers' Market provides a great choice for those not willing to wake up early. It's an afternoon market in the Madison Far East neighborhood held at 5901 Sharpsburg Drive.

The market provides plenty of high quality and fresh food items including meat, dairy products, baked goods, local produce and more. Along with shopping, you can enjoy live music from 4pm to 6pm at this farmers' market.

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