Home Near West Side q3 2018 Home Sales Report – Values Increase 5%
Madison Near West Side sold home prices have increased 5% over 2017 with an average price per square foot increasing to $221 vs. $210 sq.ft from last year. Units sold has declined 12%. The average days on the market has decreased, or sped up by 14% over 2017’s rate. We see good demand for listings in this market.
2017 | 2018 | % Change | |
---|---|---|---|
Houses Sold | 300 | 265 | -12% |
Cost/Square Foot | $210 | $221 | +5% |
Average Days on Market | 28 | 24 | -14% |
For the full home sales details, please see:
Data is for those properties that sold on MLS only.
2018 q3 Madison Near West Side Neighborhood Comparison
Homes Sold Compared 2017 |
Cost/Square Foot |
Avg. Days on Market |
|
---|---|---|---|
Near West Side | -12% | $221 | 24 |
Dudgeon Monroe | +62% | $277 | 13 |
Shorewood Hills | +35% | $273 | 30 |
Regent | -40% | $256 | 8 |
Vilas | no change | $253 | 35 |
University Heights | -31% | $245 | 11 |
Nakoma | -39% | $220 | 41 |
Sunset Village | -17% | $218 | 14 |
Westmorland | -50% | $212 | 18 |
Hill Farms | +10% | $190 | 10 |
Midvale Heights | no change | $177 | 11 |
- Dudgeon-Monroe and Shorewood Hills have been the hottest markets on the near west side of Madison for the first 3 quarters, both with an increase in home sales and home values
- Homes typically take longer to sell in Shorewood Hills, Vilas and Nakoma
- Many of the near west side neighborhoods have lower home sales than last year due to lower inventory availability
The Miller Real Estate Group Near West Side Home Sales – 2017 – 2018
- 2310 Keyes Ave
- 4022 St. Clair St
- 2131 Hollister Ave
- 4030 Euclid Ave
- 2606 Chamberlain Ave
- 2125 Chamberlain Ave
- 4313 Hillcrest Dr
- 2025 Chadbourne Ave
- 213 Owen Dr
- 4031 Cherokee Dr
- 2114 Vilas Ave
Contact Jamie Miller, to sell your home today!