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Home Sales Report December 2014 Relocation Information & Assistance 800.747.9962

December 2014 Home Sales Report

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Page 1: December 2014 Home Sales Report

Home Sales Report December 2014

Relocation Information & Assistance 800.747.9962

Page 2: December 2014 Home Sales Report

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

January 13, 2015 

Sales End Year on High Note For only  the second  time  in 2014, monthly sales of single  family homes and condominiums  in Dane County exceeded  those of 2013 with December  reporting 445  sales compared  to 430  last year. For  the year, Dane County sales  totaled 6982. This  is 5.8%  less  than 2013, and represents a significant comeback  from  January when sales started off the year 11.7% behind. 

 

As has been the case in all but 2 months, the monthly median sale price in Dane County grew over the same month last year – in December, $225,000 compared to $205,000. More significantly, however, is the fact that the one‐year median sale price continued its increase from $212,040 in 2013 to $220,168 in 2014. This is now the highest end‐of‐year median sales figure, exceeding the previous high of $218,000 in 2007. 

 

2

December Home Sales Report

Page 3: December 2014 Home Sales Report

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Across the eight‐county SCWMLS region, Columbia, Dodge, Grant, and  Iowa Counties exceeded sales totals for both  the month of December and  the year. Green County exceeded December  sales but  fell one  sale short  of matching  last  year’s  annual  total.  Rock  County  fell  short  in December  but  enjoyed  a  2%  annual increase.  Sauk County  trailed 2013  in monthly  and  annual  totals but  finished well  ahead of 2012. Annual median sale prices were up  in all counties except Grant County, which was down only 2% compared to  last year.  

All eyes are once again on the active inventory. Dane County is starting off the year very lean with supply of active listings at just 3.49 months (with a 6 month supply commonly recognized as balanced between buyers and sellers). Compared to last year at this time, the number of available listings for buyers is down 14%. For the entire region, while the active  inventory  is on the  lean side,  it  is not significantly so – standing at 4.92 months. We are still waiting for new home starts to return to a more historic norm, which will help greatly with the supply side. 

With  2014  completed  –  marked  by  an  improving  economy  and  strengthening  consumer  confidence, historically  low mortgage  interest rates, moderate price  increases and a decline  in distressed sales  in many markets, what do we foresee  in 2015? One of the notable differences so far has been the weather. After a very mild  December,  and  despite  a  brief  dip  into  the  deep  freeze,  this  year  has  been much  easier  for prospective buyers to get out and shop compared to the winter of 2013/14. 

But aside from the weather, we predict continued growth in existing home sales. We have yet to satisfy the demand  side  –  particularly with  respect  to  first‐time  home  buyers. With  the  creation  of more  jobs  and continued gains in the economy, buyers will be more willing to enter the market – especially as they believe mortgage rates will rise and prices will continue to increase.  

Prospective  buyers may be  assisted by  changes  in  lending practices  – with  Fannie Mae  and  Freddie Mac agreeing to accept loans with down payments as low as 3% and with FHA announcing it is reducing its annual mortgage  insurance  premium  by  .5%.  These  are  important  sources  for  low  down  payment  loans  –  often needed by first‐time home buyers. 

Because of the expected demand and the currently tight inventory, we foresee prices to continue to increase moderately. But we believe the increase will be tempered by the fact that we expect mortgage rates to rise as well. While affordability rates may decline, we believe it will be somewhat offset by increased incomes. By historic norms, homeownership affordability will remain very strong.  

All in all, 2015 is shaping up to be a very good year. 

 

3

Page 4: December 2014 Home Sales Report

South Central Wisconsin MLS Sold & Active Residential Listings (Including Condos)

2014 2013 2012 2014 2013 201247 44 44 1,168 1,206 1,15656 44 44 694 678 652

155,655 123,239 145,565 166,442 147,443 144,142127,600 110,750 141,000 149,000 132,000 126,250

453 483 524 453 483 524

2014 2013 2012 2014 2013 2012404 317 312 9,545 9,834 9,088445 430 389 6,982 7,418 5,954

253,665 247,553 224,141 251,706 242,311 230,512225,000 205,000 194,900 220,168 212,040 202,000

2,032 2,372 2,853 2,032 2,372 2,853

2014 2013 2012 2014 2013 201234 33 33 915 868 84145 44 29 571 498 532

126,081 114,936 125,871 131,602 130,799 116,413116,900 110,000 108,000 115,000 112,750 100,250

355 374 336 355 374 336

2014 2013 2012 2014 2013 201223 20 9 580 645 58833 25 21 361 348 336

141,298 100,030 94,680 134,684 117,089 119,02275,000 68,000 85,200 103,000 105,000 98,950

241 282 254 241 282 254

2014 2013 2012 2014 2013 201234 30 31 694 691 61740 28 24 458 459 398

151,861 160,222 136,866 163,595 154,149 152,051130,000 138,000 124,500 134,500 131,000 125,000

201 215 199 201 215 199

2014 2013 2012 2014 2013 201215 5 25 501 463 46129 13 18 260 238 214

242,881 120,814 297,483 173,594 145,428 163,352145,000 86,370 140,250 135,750 126,000 125,000

219 241 228 219 241 228

2014 2013 2012 2014 2013 2012118 102 101 2,788 2,956 2,672107 137 109 1,873 1,841 1,774

125,948 119,448 120,850 127,226 118,657 110,137119,900 110,000 96,500 119,000 109,000 97,000

814 986 916 814 986 916

2014 2013 2012 2014 2013 201250 59 53 1,383 1,450 1,31747 58 44 810 826 705

143,007 153,564 181,070 166,002 165,088 154,289134,900 132,500 134,450 147,000 145,000 135,000

610 662 669 610 662 669 Total # Active Residential Listings at end of Period

SAUK COUNTY # New Listings # Sales Average Sale Price

Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period

Median Sale Price

Total # Active Residential Listings at end of Period

ROCK COUNTY # New Listings # Sales

# New Listings # Sales Average Sale Price Median Sale Price

Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period

IOWA COUNTY

Total # Active Residential Listings at end of Period

GREEN COUNTY # New Listings # Sales

Average Sale Price Median Sale Price

# New Listings # Sales Average Sale Price Median Sale Price

Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period

GRANT COUNTY

Total # Active Residential Listings at end of Period

DANE COUNTY

MLS does not guarantee and is not responsible for its accuracy. Data maintained by the MLS does not reflect all real estate activity in the market.NOTE - This representation is based in whole or in part on data supplied to the South Central Wisconsin MLS Corporation by its Participants. The

Total # Active Residential Listings at end of Period

DODGE COUNTY # New Listings # Sales

# New Listings # Sales

DECEMBER & Year-to-date Statistics 2014 Current sales reported as of January 12, 2015

More MLS statistics are available at www.scwmls.com.

# New Listings COLUMBIA COUNTY

December January - December

# Sales Average Sale Price Median Sale Price

4

16 13 6 0

9 12 4 0

8 11 4 1

9 10 3 4

15 12 7 3

15 16 4 2

8 11 4 10

7 19 4 3

106 0 11 34 14 10

126 6 14 37 16 19

145 8 13 43 15 14

186 19 6 47 19 14

230 22 2 40 14 8

270 42 9 68 39 9

283 39 0 47 34 7

263 44 2 31 50 7

569 78 0 8 28 4

599 111 0 1 14 2

501 99 0 0 6 0

513 74 0 1 3 0

447 48 144 461 288 117

770 84 96,524 175,323 274,148 176,527

562 49 79,950 164,000 228,750 148,000

582 76

264 59

272 34

94 8

119 5 194

6,901 905 689

233,475 217,125 36

169,900 159,000 FHA 43

1

0

4

16

27

Whole South Central Wisconsin MLS Region

Median price

MEDIAN PRICE

OTHER

4+Bedroom

Condo/Co-Op

AVERAGE PRICE

180,000 - 199,999

200,000 - 249,999

250,000 - 299,999

12/01/2014-12/31/2014

over 1,000,000

Total Types

0-2Bedroom

3Bedroom

300,000 - 399,999

500,000 - 749,999

750,000 - 999,999

160,000 - 179,999

400,000 - 499,999

60,000 - 69,999

70,000 - 79,999

80,000 - 89,999

90,000 - 99,999

120,000 - 139,999

140,000 - 159,999

100,000 - 119,999

DECEMBER STATISTICS

SingleFamily

TOTALS REPORTSOLD RESIDENTIAL LISTINGS

PRICE CLASS/TYPE

less than 30,000

30,000 - 39,999

40,000 - 49,999

CURRENT ACTIVE LISTINGS

50,000 - 59,999

2014

30,000 - 39,999

40,000 - 49,999

50,000 - 59,999

60,000 - 69,999

70,000 - 79,999

80,000 - 89,999

90,000 - 99,999

100,000 - 119,999

300,000 - 399,999

400,000 - 499,999

120,000 - 139,999

140,000 - 159,999

160,000 - 179,999

180,000 - 199,999

Average price

less than 30,000

Condo/Co-Op

PRICECLASS/TYPE

500,000 - 749,999

750,000 - 999,999

over 1,000,000

Total Types

200,000 - 249,999

250,000 - 299,999

USDA

*Sales for the month & current active listings are reported as of 1/12/2015. The Current Active Listings Chart includes all listings available for showings, including those with offers to purchase. This representation is based in whole or in part on data supplied to the South Central Wisconsin MLS Corporation by its Participants. The MLS does not guarantee and is not responsible for its accuracy. Data maintained by the MLS does not reflect all real estate activity in the market. More MLS statistics are available at www.scwmls.com.

TERMS OF SALE(SALES)

CASH

CONVENTIONAL

FVA

WHEDA

ASSUMPTION

SELLER

5

South Central Wisconsin MLS Sold & Active Residential Listings (Including Condos)

2014 2013 2012 2014 2013 201298 84 107 879 914 88255 76 68 464 455 449

182,613 173,348 157,411 162,865 148,235 146,117150,000 162,950 143,950 147,500 132,000 126,500

580 643 641 580 643 641

2014 2013 2012 2014 2013 2012787 909 820 7,433 7,694 7,059685 883 674 4,996 5,520 4,254

257,048 256,366 238,364 248,227 241,873 230,858230,000 220,000 213,052 218,500 212,000 203,825

2,782 2,878 3,589 2,782 2,878 3,589

2014 2013 2012 2014 2013 201297 87 83 691 619 62567 48 59 378 348 372

135,303 117,750 115,352 131,364 130,102 113,985110,000 110,000 99,000 113,025 114,575 99,250

454 412 417 454 412 417

2014 2013 2012 2014 2013 201263 60 50 439 477 46140 35 39 239 213 229

122,081 106,112 117,527 127,053 113,710 126,166112,500 107,000 102,000 110,000 100,000 107,000

300 333 304 300 333 304

2014 2013 2012 2014 2013 201256 59 41 510 536 45642 48 50 297 305 293

179,262 165,573 151,036 156,445 156,826 148,315151,250 141,000 131,750 134,500 137,000 125,000

282 288 260 282 288 260

2014 2013 2012 2014 2013 201244 49 42 389 366 35330 31 18 169 174 129

171,728 131,706 128,541 162,948 144,486 137,335159,450 105,000 125,000 134,000 124,250 120,750

273 267 298 273 267 298

2014 2013 2012 2014 2013 2012264 283 239 2,097 2,170 1,964192 194 186 1,278 1,233 1,233

131,915 123,725 116,611 125,752 116,654 111,204127,200 107,250 104,838 117,600 108,000 98,000

1,047 1,106 1,098 1,047 1,106 1,098

2014 2013 2012 2014 2013 2012113 128 126 1,080 1,105 1,00681 98 67 535 564 479

174,217 188,943 137,729 167,358 172,151 153,965147,000 161,250 134,000 147,000 149,700 135,000

765 818 813 765 818 813 Total # Active Residential Listings at end of Period

SAUK COUNTY # New Listings # Sales Average Sale Price

Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period

Median Sale Price

Total # Active Residential Listings at end of Period

ROCK COUNTY # New Listings # Sales

# New Listings # Sales Average Sale Price Median Sale Price

Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period

IOWA COUNTY

Total # Active Residential Listings at end of Period

GREEN COUNTY # New Listings # Sales

Average Sale Price Median Sale Price

# New Listings # Sales Average Sale Price Median Sale Price

Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period

GRANT COUNTY

Total # Active Residential Listings at end of Period

DANE COUNTY

MLS does not guarantee and is not responsible for its accuracy. Data maintained by the MLS does not reflect all real estate activity in the market.NOTE - This representation is based in whole or in part on data supplied to the South Central Wisconsin MLS Corporation by its Participants. The

Total # Active Residential Listings at end of Period

DODGE COUNTY # New Listings # Sales

# New Listings # Sales

AUGUST & Year-to-date Statistics 2014 Current sales reported as of September 12, 2014

More MLS statistics are available at www.scwmls.com.

# New Listings COLUMBIA COUNTY

August January - August

# Sales Average Sale Price Median Sale Price

4

16 13 6 0

9 12 4 0

8 11 4 1

9 10 3 4

15 12 7 3

15 16 4 2

8 11 4 10

7 19 4 3

106 0 11 34 14 10

126 6 14 37 16 19

145 8 13 43 15 14

186 19 6 47 19 14

230 22 2 40 14 8

270 42 9 68 39 9

283 39 0 47 34 7

263 44 2 31 50 7

569 78 0 8 28 4

599 111 0 1 14 2

501 99 0 0 6 0

513 74 0 1 3 0

447 48 144 461 288 117

770 84 96,524 175,323 274,148 176,527

562 49 79,950 164,000 228,750 148,000

582 76

264 59

272 34

94 8

119 5 194

6,901 905 689

233,475 217,125 36

169,900 159,000 FHA 43

1

0

4

16

27

Whole South Central Wisconsin MLS Region

Median price

MEDIAN PRICE

OTHER

4+Bedroom

Condo/Co-Op

AVERAGE PRICE

180,000 - 199,999

200,000 - 249,999

250,000 - 299,999

12/01/2014-12/31/2014

over 1,000,000

Total Types

0-2Bedroom

3Bedroom

300,000 - 399,999

500,000 - 749,999

750,000 - 999,999

160,000 - 179,999

400,000 - 499,999

60,000 - 69,999

70,000 - 79,999

80,000 - 89,999

90,000 - 99,999

120,000 - 139,999

140,000 - 159,999

100,000 - 119,999

DECEMBER STATISTICS

SingleFamily

TOTALS REPORTSOLD RESIDENTIAL LISTINGS

PRICE CLASS/TYPE

less than 30,000

30,000 - 39,999

40,000 - 49,999

CURRENT ACTIVE LISTINGS

50,000 - 59,999

2014

30,000 - 39,999

40,000 - 49,999

50,000 - 59,999

60,000 - 69,999

70,000 - 79,999

80,000 - 89,999

90,000 - 99,999

100,000 - 119,999

300,000 - 399,999

400,000 - 499,999

120,000 - 139,999

140,000 - 159,999

160,000 - 179,999

180,000 - 199,999

Average price

less than 30,000

Condo/Co-Op

PRICECLASS/TYPE

500,000 - 749,999

750,000 - 999,999

over 1,000,000

Total Types

200,000 - 249,999

250,000 - 299,999

USDA

*Sales for the month & current active listings are reported as of 1/12/2015. The Current Active Listings Chart includes all listings available for showings, including those with offers to purchase. This representation is based in whole or in part on data supplied to the South Central Wisconsin MLS Corporation by its Participants. The MLS does not guarantee and is not responsible for its accuracy. Data maintained by the MLS does not reflect all real estate activity in the market. More MLS statistics are available at www.scwmls.com.

TERMS OF SALE(SALES)

CASH

CONVENTIONAL

FVA

WHEDA

ASSUMPTION

SELLER

5

South Central Wisconsin MLS Sold & Active Residential Listings (Including Condos)

2014 2013 2012 2014 2013 201247 44 44 1,168 1,206 1,15656 44 44 694 678 652

155,655 123,239 145,565 166,442 147,443 144,142127,600 110,750 141,000 149,000 132,000 126,250

453 483 524 453 483 524

2014 2013 2012 2014 2013 2012404 317 312 9,545 9,834 9,088445 430 389 6,982 7,418 5,954

253,665 247,553 224,141 251,706 242,311 230,512225,000 205,000 194,900 220,168 212,040 202,000

2,032 2,372 2,853 2,032 2,372 2,853

2014 2013 2012 2014 2013 201234 33 33 915 868 84145 44 29 571 498 532

126,081 114,936 125,871 131,602 130,799 116,413116,900 110,000 108,000 115,000 112,750 100,250

355 374 336 355 374 336

2014 2013 2012 2014 2013 201223 20 9 580 645 58833 25 21 361 348 336

141,298 100,030 94,680 134,684 117,089 119,02275,000 68,000 85,200 103,000 105,000 98,950

241 282 254 241 282 254

2014 2013 2012 2014 2013 201234 30 31 694 691 61740 28 24 458 459 398

151,861 160,222 136,866 163,595 154,149 152,051130,000 138,000 124,500 134,500 131,000 125,000

201 215 199 201 215 199

2014 2013 2012 2014 2013 201215 5 25 501 463 46129 13 18 260 238 214

242,881 120,814 297,483 173,594 145,428 163,352145,000 86,370 140,250 135,750 126,000 125,000

219 241 228 219 241 228

2014 2013 2012 2014 2013 2012118 102 101 2,788 2,956 2,672107 137 109 1,873 1,841 1,774

125,948 119,448 120,850 127,226 118,657 110,137119,900 110,000 96,500 119,000 109,000 97,000

814 986 916 814 986 916

2014 2013 2012 2014 2013 201250 59 53 1,383 1,450 1,31747 58 44 810 826 705

143,007 153,564 181,070 166,002 165,088 154,289134,900 132,500 134,450 147,000 145,000 135,000

610 662 669 610 662 669 Total # Active Residential Listings at end of Period

SAUK COUNTY # New Listings # Sales Average Sale Price

Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period

Median Sale Price

Total # Active Residential Listings at end of Period

ROCK COUNTY # New Listings # Sales

# New Listings # Sales Average Sale Price Median Sale Price

Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period

IOWA COUNTY

Total # Active Residential Listings at end of Period

GREEN COUNTY # New Listings # Sales

Average Sale Price Median Sale Price

# New Listings # Sales Average Sale Price Median Sale Price

Average Sale Price Median Sale Price Total # Active Residential Listings at end of Period

GRANT COUNTY

Total # Active Residential Listings at end of Period

DANE COUNTY

MLS does not guarantee and is not responsible for its accuracy. Data maintained by the MLS does not reflect all real estate activity in the market.NOTE - This representation is based in whole or in part on data supplied to the South Central Wisconsin MLS Corporation by its Participants. The

Total # Active Residential Listings at end of Period

DODGE COUNTY # New Listings # Sales

# New Listings # Sales

DECEMBER & Year-to-date Statistics 2014 Current sales reported as of January 12, 2015

More MLS statistics are available at www.scwmls.com.

# New Listings COLUMBIA COUNTY

December January - December

# Sales Average Sale Price Median Sale Price

4

16 13 6 0

9 12 4 0

8 11 4 1

9 10 3 4

15 12 7 3

15 16 4 2

8 11 4 10

7 19 4 3

106 0 11 34 14 10

126 6 14 37 16 19

145 8 13 43 15 14

186 19 6 47 19 14

230 22 2 40 14 8

270 42 9 68 39 9

283 39 0 47 34 7

263 44 2 31 50 7

569 78 0 8 28 4

599 111 0 1 14 2

501 99 0 0 6 0

513 74 0 1 3 0

447 48 144 461 288 117

770 84 96,524 175,323 274,148 176,527

562 49 79,950 164,000 228,750 148,000

582 76

264 59

272 34

94 8

119 5 194

6,901 905 689

233,475 217,125 36

169,900 159,000 FHA 43

1

0

4

16

27

Whole South Central Wisconsin MLS Region

Median price

MEDIAN PRICE

OTHER

4+Bedroom

Condo/Co-Op

AVERAGE PRICE

180,000 - 199,999

200,000 - 249,999

250,000 - 299,999

12/01/2014-12/31/2014

over 1,000,000

Total Types

0-2Bedroom

3Bedroom

300,000 - 399,999

500,000 - 749,999

750,000 - 999,999

160,000 - 179,999

400,000 - 499,999

60,000 - 69,999

70,000 - 79,999

80,000 - 89,999

90,000 - 99,999

120,000 - 139,999

140,000 - 159,999

100,000 - 119,999

DECEMBER STATISTICS

SingleFamily

TOTALS REPORTSOLD RESIDENTIAL LISTINGS

PRICE CLASS/TYPE

less than 30,000

30,000 - 39,999

40,000 - 49,999

CURRENT ACTIVE LISTINGS

50,000 - 59,999

2014

30,000 - 39,999

40,000 - 49,999

50,000 - 59,999

60,000 - 69,999

70,000 - 79,999

80,000 - 89,999

90,000 - 99,999

100,000 - 119,999

300,000 - 399,999

400,000 - 499,999

120,000 - 139,999

140,000 - 159,999

160,000 - 179,999

180,000 - 199,999

Average price

less than 30,000

Condo/Co-Op

PRICECLASS/TYPE

500,000 - 749,999

750,000 - 999,999

over 1,000,000

Total Types

200,000 - 249,999

250,000 - 299,999

USDA

*Sales for the month & current active listings are reported as of 1/12/2015. The Current Active Listings Chart includes all listings available for showings, including those with offers to purchase. This representation is based in whole or in part on data supplied to the South Central Wisconsin MLS Corporation by its Participants. The MLS does not guarantee and is not responsible for its accuracy. Data maintained by the MLS does not reflect all real estate activity in the market. More MLS statistics are available at www.scwmls.com.

TERMS OF SALE(SALES)

CASH

CONVENTIONAL

FVA

WHEDA

ASSUMPTION

SELLER

5

Page 5: December 2014 Home Sales Report

0

100

200

300

400

500

600

700

800

900

1000

1100

1200

1300

1400

1500

1600Num

ber o

f Hom

es Sold

Single Family Solds (Inc Condos)Reported by the South Central WI MLS as of 1/12/2015

Dane County Columbia, Dane, Dodge, Grant, Green, Iowa, Rock & Sauk Counties

Dane County SalesDecember 2014 ‐ 445December 2013 ‐ 430                                                                                                          December 2012 ‐ 389

8 County  Regional SalesDecember 2014  ‐ 802December 2013  ‐ 779December 2012  ‐ 678

6

$100,000

$110,000

$120,000

$130,000

$140,000

$150,000

$160,000

$170,000

$180,000

$190,000

$200,000

$210,000

$220,000

$230,000

$240,000

$250,000

$260,000

$270,000

$280,000

$290,000

$300,000

Median Sale Price for Single Family Solds (Inc Condos)Reported by the South Central WI MLS as of 1/12/2015

Dane County Columbia, Dane, Dodge, Grant, Green, Iowa, Rock & Sauk Counties

Dane County MedianDecember 2014 ‐ $225,000December 2013 ‐ $205,000December 2012 ‐ $194,900

8 County Regional MedianDecember 2014 ‐ $172,250December 2013 ‐ $165,000December 2012 ‐ $157,000

7

Page 6: December 2014 Home Sales Report

2,000

2,500

3,000

3,500

4,000

4,500

5,000

5,500

6,000

6,500

7,000

7,500

8,000

8,500

9,000

9,500

10,000

10,500

11,000Num

ber o

f Active Listings

Available Single Family Homes (Inc Condos)Reported by the South Central WI MLS as of 1/12/2015

Dane County Columbia, Dane, Dodge, Grant, Green, Iowa, Rock & Sauk Counties

Dane County InventoryDecember 2014 ‐ 2,032December 2013 ‐ 2,372December 2012 ‐ 2,853

8 County Regional InventoryDecember 2014 ‐ 4,925December 2013 ‐ 5,615December 2012 ‐ 5,979

8

Months Supply = current inventory divided by the average sales for the most current 12 months

01

234

567

8910

111213

141516

171819

202122

2324

Mon

ths o

f Inven

tory

Months Supply of Inventory for Single Family Homes (Inc Condos)Reported by the South Central WI MLS as of  1/12/2015

Dane County Columbia, Dane, Dodge, Grant, Green, Iowa, Rock & Sauk Counties

Dane County SupplyDecember 2014 ‐ 3.49 Months  December 2013 ‐ 3.84 MonthsDecember 2012 ‐ 5.75 Months

8 County  Regional SupplyDecember 2014 ‐ 4.92 MonthsDecember 2013 ‐ 5.47 MonthsDecember 2012 ‐ 6.79 Months

9

Page 7: December 2014 Home Sales Report

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Stoughton School District December 2014

2013 YTD 2014 YTD December 2013

# New Listings 18 376 413 14 # Sales 16 277 274 24 Average Sale Price $232,967 $203,108 $218,919 $193,104 Median Sale Price Single Family $231,000 $196,800 $207,000 $169,000

Median Sale Price Condo $147,000 $118,000 $145,000 $117,500 Total # Active Residential Listings at end of period

100 96

Oregon School District December 2014

2014 YTD December 2013

2013 YTD

# New Listings 9 411 11 411

# Sales 16 286 10 293

Average Sale Price $236,957 $267,168 $320,598 $248,382

Median Sale Price Single Family $182,500 $249,500 $319,976 $232,750

Median Sale Price Condo $142,500 $166,000 $123,000 $142,900

Total # Active Residential Listings at end of period

90 116

McFarland School District December 2014

2014 YTD December 2013

2013 YTD

# New Listings 12 279 9 236

# Sales 8 187 11 179

Average Sale Price $209,300 $247,739 $235,423 $250,190

Median Sale Price Single Family $210,000 $243,362 $182,500 $229,392

Median Sale Price Condo $188,200 $198,950 —- $240,000

Total # Active Residential Listings at end of period

64 47

Verona School District December 2014

2014 YTD December 2013

2013 YTD

# New Listings 17 507 12 499

# Sales 28 384 24 398

Average Sale Price $259,374 $290,179 $273,339 $281,724

Median Sale Price Single Family $257,950 $291,500 $317,717 $287,500

Median Sale Price Condo $157,550 $161,000 $137,950 $139,500

Total # Active Residential Listings at end of period

90 97

Real Estate Market Statistics—December

Information provided by the SCWMLS and is based on Single Family Homes and Condos as of January 13, 2015.

Page 8: December 2014 Home Sales Report

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Deforest School District December 2014

2014 YTD December 2013

2013 YTD

# New Listings 11 385 22 399

# Sales 24 281 21 321

Average Sale Price $233,900 $234,813 $215,775 $216,247

Median Sale Price Single Family $220,575 $228,500 $238,450 $215,000

Median Sale Price Condo $233,000 $155,000 $135,000 $147,650

Total # Active Residential Listings at end of period

92 104

Wisconsin Heights School District December 2014

2014 YTD December 2013

2013 YTD

# New Listings 2 128 3 129

# Sales 4 81 5 54

Average Sale Price $206,538 $217,188 $162,400 $199,950

Median Sale Price Single Family $157,450 $181,000 $145,000 $199,900

Median Sale Price Condo —- —- —- $105,900

Total # Active Residential Listings at end of period

40 50

Mount Horeb School District December 2014

2014 YTD December 2013

2013 YTD

# New Listings 12 212 9 246

# Sales 10 132 11 169

Average Sale Price $299,238 $236,076 $298,958 $258,846

Median Sale Price Single Family $265,000 $219,525 $246,250 $224,900

Median Sale Price Condo $131,350 $166,000 $172,200 $188,600

Total # Active Residential Listings at end of period

55

Real Estate Market Statistics—December

Information provided by the SCWMLS and is based on Single Family Homes and Condos as of January 13, 2015.

Sun Prairie School District December 2014

2014 YTD December 2013

2013 YTD

# New Listings 32 846 25 946

# Sales 39 728 39 688

Average Sale Price $239,671 $223,041 $203,383 $203,314

Median Sale Price Single Family $262,725 $236,750 $222,000 $214,900

Median Sale Price Condo $146,500 $132,450 $127,500 $125,000

Total # Active Residential Listings at end of period

147 204

Page 9: December 2014 Home Sales Report

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Real Estate Market Statistics—December

Information provided by the SCWMLS and is based on Single Family Homes and Condos as of January 13, 2015.

Middleton-Cross Plains School District

December 2014

2014 YTD December 2013

2013 YTD

# New Listings 27 790 19 777

# Sales 32 573 33 626 Average Sale Price $326,939 $350,348 $326,400 $345,769

Median Sale Price Single Family $359,950 $375,000 $329,000 $349,900

Median Sale Price Condo $119,250 $143,450 $166,500 $160,000

Total # Active Residential Listings at end of period

134 154

Waunakee School District

December 2014

2014 YTD December 2013

2013 YTD

# New Listings 20 493 10 465

# Sales 24 324 16 315

Average Sale Price $361,997 $345,958 $350,000 $308,515

Median Sale Price Single Family $365,000 $373,750 $356,450 $337,500

Median Sale Price Condo $122,000 $166,250 $408,750 $174,000

Total # Active Residential Listings at end of period

107 134

Page 10: December 2014 Home Sales Report

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Fitchburg Home Prices—December 2014

Information provided by the SCWMLS and is based on Single Family Homes and Condos as of January 13, 2015.

Madison School District in Fitchburg

December 2014

2014 YTD December 2013

2013 YTD

# New Listings 5 241 7 276

# Sales 13 191 14 223

Average Sale Price $210,391 $252,441 $261,988 $258,963

Median Sale Price Single Family $263,000 $292,250 $346,750 $300,000

Median Sale Price Condo $171,000 $178,000 $187,000 $176,000

Total # Active Residential Listings at end of period

38 42

Verona School District in Fitchburg

December 2014

2014 YTD December 2013

2013 YTD

# New Listings 6 133 1 147 # Sales 7 88 4 111

Average Sale Price $307,986 $330,652 $193,500 $283,704

Median Sale Price Single Family $278,000 $260,000 $215,000 $223,500

Median Sale Price Condo $270,000 $324,500 $144,000 $154,500

Total # Active Residential Listings at end of period

25 34

Oregon School District in Fitchburg

December 2014

2014 YTD December 2013

2013 YTD

# New Listings 1 63 3 32

# Sales 3 42 3 26

Average Sale Price $190,800 $266,893 $381,333 $251,074

Median Sale Price Single Family $169,900 $215,000 $275,000 $224,961

Median Sale Price Condo —- $278,000 —- $255,500

Total # Active Residential Listings at end of period

15 11

Page 11: December 2014 Home Sales Report

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Lafollette High School December 2014

2014 YTD December 2013

2013 YTD

# New Listings 31 803 23 893

# Sales 33 628 35 695

Average Sale Price $171,309 $179,062 $174,937 $175,827

Median Sale Price Single Family $183,900 $186,300 $178,000 $181,500

Median Sale Price Condo $100,250 $110,000 $69,250 $108,750

Total # Active Residential Listings at end of period

153 184

West High School December 2014

2014 YTD December 2013

2013 YTD

# New Listings 24 989 25 1,054

# Sales 58 792 50 879

Average Sale Price $318,619 $308,272 $273,632 $293,406

Median Sale Price Single Family $288,000 $294,500 $271,000 $278,000

Median Sale Price Condo $186,250 $220,000 $196,000 $243,000

Total # Active Residential Listings at end of period

171 239

Memorial High School December 2014

2014 YTD December 2013

2013 YTD

# New Listings 46 1,422 39 1,484

# Sales 68 1,096 70 1,202

Average Sale Price $247,776 $235,031 $250,231 $228,570

Median Sale Price Single Family $237,000 $245,650 $247,000 $235,000

Median Sale Price Condo $187,500 $151,000 $130,000 $145,000

Total # Active Residential Listings at end of period

256 263

Madison High Schools—December 2014

Information provided by the SCWMLS and is based on Single Family Homes and Condos as of January 13, 2015.

East High School December 2014

2014 YTD December 2013

2013 YTD

# New Listings 35 840 23 880

# Sales 43 640 40 715

Average Sale Price $178,258 $196,382 $231,586 $197,350

Median Sale Price Single Family $185,050 $176,000 $170,000 $164,500

Median Sale Price Condo $98,000 $146,000 $169,000 $160,000

Total # Active Residential Listings at end of period

130 184