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Dane County Home Price Index - June 2013


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Our Madison area Home Price Index is based on the price per finished square foot for Dane County single family homes sold via the South Central Wisconsin MLS. Our index provides a good view of how Madison area home values are changing over time.

Year-To-Date-Performance

The graph below shows how June year-to-date single family home prices have trended dating back to the year 2000. The peak year for home values was 2006, when the price per finished square foot was $132. In 2013 the price per finished square foot was just under $119 - up 2.1% from 2012 and down 10.2% from 2006.

As we gather more data throughout the 2013 sales year, we believe the price per finished square foot will continue to trend higher due to increased buyer demand and lower home inventories. 

Annual Performance

This graph shows how annual single family home prices have trended dating back to the year 2000. The peak years for home prices were 2006 and 2007, when the price per finished square foot was $132. Home prices in 2012 ended the year at $116 per finished square foot - 12.4% below the peak.

Monthly Performance

This graph shows how monthly single family home prices have trended dating back to January of 2000. Each green data point represents a price increase from the same month of the prior year. Each red data point represents a price decrease. The price per finished square foot increased in each of the first 6 months in 2013. The price per square foot in June was just under $124, compared to just under $122 last June, an increase of 1.7%.

This last graph below shows how June single family home prices have trended dating back to the year 2000. The price per square foot in June was just under $124, compared to just under $122 last June, an increase of 1.7%. As the graph shows the months of June in both 2006 and 2007 had the highest price per square foot - $133.  

About Us

This information is provided courtesy of Dan MillerShawn Kriewaldt, and Chris Vendenof Keller Williams Realty and DaneCountyMarket.com. For more information, please contact:

Don't forget: if you're buying or selling, whether your timeline is 3 months or 3 years, we can help.

 

 



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