April home and condo sales down 19%, median price down 5.2%

Our preliminary numbers from the South Central Wisconsin MLS are in. A total of 391 Dane County homes and condos were sold in April, down 19% from the 483 listings sold a year ago. The April median price of $201,900 decreased by 5.2% from the April 2008 price of $213,000.

We've noted the recent shift toward the starter home. The April numbers bear this out. Fifty percent of the homes and condos sold in April went for under $200,000, compared to 44% from a year ago.


You'll find our full preliminary report on the month of April, including the breakdown for homes and condos, at DaneCountyMarket.com.

Have a good weekend,

Dan Miller, Keller Williams Realty and DaneCountyMarket.com