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***Please note that we pull these Madison home sale prices and stats from the GSMLS statistics, so "Original Listing Price" and "Days On Market" only include its current listing, not the full history of a listing. For example,if the listing agent took it off the market to change the price and put it back on as a new listing,or a listing had previously expired and was relisted, the previous listing is not included in gsmls' Original List Price or Days On Market calculations. If you'd like to know the complete history of a specific listing, we'll be happy to get you that information. Furthermore, when we pull comps for you prior to any home purchase, we will provide a more in depth analysis for you.
May 2009 Home Sale Prices and Market Stats 
| Address |
Original List Price |
List Price at Sale |
Sale Price |
DOM |
Beds |
Baths |
Style |
| 38 South St |
$399,900 |
$359,900 |
$250,000 |
227 |
2 |
1 |
Ranch |
| 37 Anthony Dr |
$429,000 |
$410,000 |
$399,000 |
38 |
2 |
2 |
CapeCod |
| 4 Lee Ave |
$539,000 |
$539,000 |
$530,000 |
17 |
3 |
1.1 |
Colonial |
| 13 Kensington Rd |
$572,375 |
$572,375 |
$520,000 |
69 |
4 |
2 |
CapeCod |
| 28 Hillcrest Rd |
$1,200,000 |
$1,200,000 |
$1,328,000 |
11 |
4 |
4.1 |
Colonial |
AVERAGE DAYS ON MARKET:72 AVERAGE LISTING PRICE: $910,064
AVERAGE SALE PRICE:$605,400 % SALE PRICE / LIST PRICE:98%
Madison Home sale Trends May 2008 thru May 2009
|
desc |
May 2008 |
June |
July |
Aug |
Sept. |
Oct. |
Nov. |
|
AveList Price |
$862,782 |
$909,446
|
$920,165 |
$619,577 |
$942,410 |
$982,208 |
$1,052,937 |
|
Ave Sale Price |
$685,950 |
$846,324 |
$814,818 |
$953,105 |
$683,364 |
$728,200 |
$685,000 |
|
%Sale- List Price Ratio |
96% |
96% |
95% |
94% |
97% |
96% |
95% |
|
Days on Market |
71 |
49 |
62 |
57 |
40 |
69 |
112 |
|
#Active Listings |
91 |
93 |
91 |
79 |
87 |
104 |
93 |
|
#Closed Listings |
10 |
24 |
11 |
18 |
3 |
6 |
6 |
|
desc |
Dec. |
Jan. |
Feb. |
Mar. |
April |
May 2009 |
|
Ave List Price |
$1,007,278
|
$1,006,708 |
$1,022,996 |
$1,051,238 |
$976,762 |
$910,064 |
|
Ave Sale Price |
$556,454 |
$537,857 |
$848,167 |
$559,967 |
$722,500 |
$605,400 |
|
%Sale List Price Ratio |
96% |
96% |
90% |
96% |
94% |
98% |
|
Days On Market |
53 |
70 |
130 |
85 |
63 |
72 |
|
#Active Listings |
78 |
76 |
91 |
101 |
122 |
119 |
|
#Closed Listings |
11 |
8 |
3 |
9 |
9 |
5 |
|
May 09 |
Active Listings |
New Listings |
Under Contract |
Sold Listings |
Average |
SP/LP |
|
# Beds |
Avg LP |
Avg LP |
Avg LP |
Avg LP |
DOM |
% |
|
1 |
$336,000 |
$0 |
$349,500 |
$0 |
0 |
0% |
|
2 |
$450,400 |
$443,500 |
$417,667 |
$324,500 |
133 |
84% |
|
3 |
$515,325 |
$496,150 |
$544,450 |
$530,000 |
17 |
98% |
|
4 |
$783,524 |
$722,618 |
$889,889 |
$924,000 |
40 |
104% |
|
5 |
$1,577,183 |
$1,072,167 |
$918,600 |
$0 |
0 |
0% |
|
TOWN |
$910,064 |
$729,828 |
$764,670 |
$605,400 |
72 |
98% | 
CLICK BELOW TO VIEW
THE SALES AND STATS
BY MONTH
Data compiled from the GSMLS. Deemed reliable, but not guaranteed.
Working With An Agent >Listening To Your Needs
Some buyers purchase the exact kind of house they said they were looking for, in the neighborhood they preferred. Other buyers surprise us by falling in love with a house that is the complete opposite of what they originally wanted.
Real estate agents listen carefully when buyers describe their needs and preferences. We screen our current inventory of homes to come up with possible matches. Since there is almost always some compromise involved when selecting a home, we may suggest alternatives that might work for buyers.
If you like a specific neighborhood where there are no homes in your price range, we may suggest homes in other areas with similar amenities. If you want four bedrooms, and one of them will be used as a home office, we may look for a den or family room that could serve your needs. When you look at houses, remember that your feedback is important to us--and it won't hurt our feelings.
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| Q |
During what months of the year do most people move from one home to another?
|
| A |
Most moves occur between the months of May and September. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
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