How have prices for the same homes on Madison's west side changed over time? We looked to the MLS database for some answers. First, we identified all of the homes on Madison's west side that sold via the MLS during 2008. Then we identified the subset of these homes that also sold via the MLS during 2005, 2006 or 2007.
Here's what we found:
- Of the homes that sold via the MLS in 2008, 116 also sold via the MLS during 2005, 2006 or 2007.
- 71 of the 116 homes (61%) sold in 2008 for a price that was at or above the most recent selling price. The highest price increase was $433,950. This home, like some others in the list, was an investment "rehab and flip" property.
- 45 of the 116 homes (39%) sold for a price decrease. The largest price decrease was $128,850.
You'll find a full list of the 116 properties below.
Homes that sold for at least $20,000 more in 2008
Homes that sold for between $0 and $20,000 more in 2008
Homes that sold for a loss in 2008
This market update is provided courtesy of Dan Miller and Shawn Kriewaldt of Keller Williams Realty and DaneCountyMarket.com. For more information, please contact Dan at 608-852-7071 (email@example.com) or Shawn at 608-212-5743 firstname.lastname@example.org). 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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