Madison Homes – Madison WI Real Estate

Madison Homes Hot Properties Spotlight

It’s no secret that the housing downturn has ravaged most real estate markets across the nation: but how about Madison Homes?

One poorly-kept secret is the fact that the Madison real estate market for Madison homes is passing through the slump with sold prices, according to the FHFA Real Estate House Price Index, only down about 4.5% since Q1 2007. (The National Average is down a whopping 16%!) So compared to other US cities Madison homes have been largely able to avoid the out-and-out real estate market free-fall.

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This means there are wonderful values for buyers of Madison homes without the brutal losses for sellers like those experienced by real estate sellers in other parts of the country. It hardly is a surprise to those of us who already live here. Madison, WI and Madison WI Homes are a perfect blend of natural beauty and urban cultural sophistication. The pleasant mix of lifestyles that our city affords creates a permanent buyer demand for Madison homes and Madison area real estate.

At Home in Madison

More than anything, it is our Madison “laid-back” atmosphere that creates an enduring interest in Madison homes. While it is certainly true that the thriving economy and career opportunities for a young, highly-trained work force help to protect and progress the real estate  property values of Madison homes, fun and family come before work. Many people move to Madison and purchase Madison homes because so many of the companies are family-friendly. The corporate “rat race” does not exist in Madison. You have one life to live, so you might as well enjoy it in your Madison homes.

Madison homes are all about fun. Madison is the perfect blend of natural beauty and urban sophistication. You could be ice fishing on one of the four area lakes one moment, and about twenty minutes later you might find yourself in a local brew pub clinking glasses with artisans and engineers just blocks away your Madison homes. You will find the best of all worlds in Wisconsin's vibrant capital city and picturesque surrounding towns: owners of Madison homes enjoy natural beauty and outdoor recreation, stimulating cultural offerings, distinctive restaurants and shops, an irreverent spirit of fun and great real estate prices. Madison is renowned for its beautiful scenery. A total of four area lakes and over 200 parks provide an abundance of year-round outdoor activities, from hiking, biking, swimming and sailing along with cross-country skiing, snow sailing, and ice fishing. Urban culture, natural beauty, small town charm – the greater Madison area offers it all!

From a real estate perspective Madison homes are generally divided into a East Madison and West Madison with the Capitol as the center point on the isthmus between lakes Mendota and Monona. You can hardly go wrong purchasing any of these Madison homes – East Side or West Side! Owning Madison homes and area real estate means you will always have something exciting to do.

Madison homes don’t have many “couch potatoes” residing in them! This real estate is a place for an active lifestyle. Small wonder that Money Magazine named Madison "Best Place To Live in America" in 1996 and "#1 Best Mid-Sized City to Live in the Midwest in 1998" due in larger part to our great real estate market for both buyers and sellers. Small wonder that the search term “Madison homes” is Googled over 200,000 times per month!

Madison Homes for you: The Madison, WI Real Estate Market

The Wisconsin MLS-listed real estate inventory of Madison homes is large and eclectic. Although there are still many good bargains out there on Madison homes, indications are that we may have already passed the bottom of the real estate slump.

Prices are stabilizing. Out of about 3,089 total listings, 1,888 are sold in 2011. The sale price/list price ratio is about 95%; the average list price was $262,543 (for sold Madison homes,) and the average sale price for Madison real estate was $250,377.

Why is the real estate market for Madison homes so resilient? First of all, a large reason is the steady stream of professionals relocating and buying Madison homes and regional real estate. The second reason was the restrained approach to financing. Fixed mortgages on Madison homes greatly outnumber adjustable mortgages. This stabilized both the buying and selling sides, because fewer poorly-qualified borrowers purchased Madison homes. Our real estate market did not see the huge price vacillations that were common in many urban areas. We did not experience the huge “boom and bust” real estate cycles. Rather, the market for Madison homes has progressed at a slow and steady pace.

Madison homes are available in styles and prices to meet the needs of any lifestyle. If you are looking at new construction, take note of several new projects that are being developed by a construction company called Veridian Homes. Our clients have discovered that this builder is very easy to work with. Veridian Homes is known for quality-built mid-range homes, like the homes in Veridian-built Ice Age Falls.

On the upper end of the real estate price spectrum, Michael F. Simon builds quality custom Madison homes with emphasis on architectural  appeal and craftsmanship. Because Michael F. Simon builds green custom homes, the building process includes a comprehensive checklist of the highest energy and building standards as established by Green Built Home™ and Energy Star™.

If you are looking for luxury Madison homes, consider purchasing a lakeshore home, where much of the real estate value is in the lot itself. Some savvy buyers are buying lake real estate on Monona and Mendota for about 500K, and replacing the existing houses with multi-million dollar homes.

Another popular option for executive Madison homes are golf course properties. Since Madison is all about having fun, a golf course estate on Bishop’s Bay, or the Blackhawk Country Club in Shorewood Hills might be just right for you.

High rise downtown Madison condos with lake views offer a carefree exciting lifestyle in the heart of the city. The real estate market for Madison condos is ideal for buyers seeking current investment opportunities and future value.

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Real Estate Buying and Selling: Madison Homes for You

Are you thinking of buying Madison homes? Please contact me for a no-hassle buyer consultation. I know the schools, the neighborhoods, and the best Madison real estate values currently available. My goal as your Madison REALTOR is to help you discover the house that most closely suits the requirements of your family. I provide the best possible information so you can make the best real estate decision possible.

Is it time to sell? Call me for a no-nonsense free market analysis based on comprehensive real estate market data and years of personal experience with listing and selling Madison homes. I utilize the best hi-tech marketing methods available, and also take advantage of the most effective traditional marketing tools. My mission is to help you gain top dollar for your property, in the shortest possible time, and under contract terms that are in your best interest.

Well, that’s enough about me. I could also keep talking about Madison homes and area real estate, but I would rather hear what you have to say about your own real estate needs. So whether you are buying or selling in the greater Madison region of South Central Wisconsin, call me today and we can get started right away!

Thanks for visiting! Very Truly Yours,

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