1914 Monroe St

Madison, WI 53711

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What it means to be an Antiracist Real Estate Brokerage

What makes the work we do at Alvarado Real Estate Group different? In acknowledging that racism exists in our country and in the real estate industry we step out of denial and silence. We are committed to exploring and challenging the way racism is embedded within the real estate industry as a whole. We practice this work in a way that is rooted in justice, transparency, and accountability to those most marginalized.

Everyone in the company has committed to this work of exploring and challenging racism within their roles and capacity.

We have prioritized regular social justice sessions for open dialogue, difficult conversations, and deep learning.

We stand with the Black Lives Matter movement. This means different things to different people. At the core, we all believe Black Lives Matter and that the system was not created for and is not working for Black, Indigenous, Latinx, and People of Color in the same way as it is for white people and that creates injustices that we have committed to explore and challenge.  Systemic racism is real. Institutionalized racism is real. We choose to acknowledge that openly. We bring humility to this work.

We partner with community organizations to strengthen communities of color and support leadership.

We challenge our biases and learn to reframe them. We acknowledge societal conditioning and the messages we receive that uphold systems of oppression and we challenge them. We challenge the status quo, individually and as a company. 

We commit to learning the historical context of racism in our industry and the interconnectedness in other areas so we can better challenge it in our day to day interactions in our work and beyond.

We can’t change what we can’t see. We are actively working towards our goal of creating a redistribution of wealth program by the end of 2020.

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Real Estate Market Update, 4Q 2020

4th Quarter Real Estate Market Update

Exploring how sales in South Central Wisconsin compared to last quarter and last year, we find that 4th quarter sales in ended with 4,696 homes being sold. Compared to the 3rd quarter, sales went down 15.2%, but that is a normal trend. However, sales this quarter are up 24.2% compared to the number of homes sold in the 4th quarter of 2019. The quarter ended with an average sale price of $265,000. This was only slightly lower than the previous quarter, but it was above the average sale price for the year, which was $260,000.
Source: Wisconsin Realtors Association.  If you are interested in learning more about Wisconsin’s housing statistics, click here

Total number of Homes & Condos for Sale (as of 1/15/2021)

Single Family Homes 460
Condos 250

4th Quarter Sales - City of Madison and Surrounding*

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