1914 Monroe St

Madison, WI 53711

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Real Estate Market Update, 4Q 2020

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*

409 Troy Dr, Madison-Sold by Alvarado Real Estate Group

409 Troy Dr, Madison-Sold by Alvarado Real Estate Group

Just Sold 409-Troy-Drive
JUST SOLD 409 Troy Dr, Madison on 12/28/20 for $264,000 by Carlos Alvarado.
4 bedrooms | 3 bath | 2,475 sq ft

Congrats to our buyer on this beautiful home on the North Side. The buyer fell in LOVE with this home and its character! We are so excited for her and can’t wait to see how she make it her own.

If you’d like to discuss buying or selling your home, please contact Carlos Alvarado, Principal Broker, at 608.438.6757 or Carlos@TheAlvaradoGroup.com