This Month in Real Estate: July 2016

According to the South Central Wisconsin MLS active inventories have fallen in all 6 markets. Single family home sales have also fallen in five of the six markets compared to last year. Year-to-date sales however are ahead in one-half of the SCWMLS, but slightly down in Dane County.

There is a strong competition among buyers in the price range under $300,000. The impact of this competition can be easily seen with the year-to-date increases in median prices for both single family homes and condos.

The good news for buyers is that it is a strong economy with historically low interest rates. This helps with affordability even with rising prices. The good news for sellers is that there are buyers waiting for your home. Now is the time to contact Josh Lavik & Associates 608-620-4234 to help you navigate your way through this tricky market. We've helped many buyers and sellers find their dream home!

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