Thursday, February 11, 2021 / by Ryan Huemmer
January home sales in Dane County continue to surge due to record low mortgage interest rates and an inventory shortage. Dane County's median home price was $318,000 in January, which was up 11.19% from last January.
This chart shows increased median home values, month over month, for the previous 5 years. Dane County is showing super strong levels of appreciation with continued growth year over year too.
Dane County had 441 homes sold in January which was up 8.6% from last January.
2021 started where 2020 left off. As buyers continue to battle over limited listings in Dane County, home prices continue to soar. The spring market cannot come soon enough as new listings are needed badly. Though we fully expect the demand to exceed the availability of homes the entire year. The biggest mistake is waiting to buy because of the competitive market. With historically low interest rates, near 2.50% on a 30 year fixed, increased cost effects are minimized with similar payments. The sooner you own, the sooner you start earning equity.
Cambridge - bit.ly/CambridgeHousingUpdate
Columbus - bit.ly/ColumbusHousingUpdate
Cottage Grove - bit.ly/CottageGroveHousingUpdate
Cross Plains - bit.ly/CrossPlainsHousingUpdate
Deerfield - bit.ly/DeerfieldHousingUpdate
Deforest - bit.ly/DeforestHousingMarket
Fitchburg - bit.ly/FitchburgHousingUpdate
Madison - bit.ly/MadisonHousingUpdate
Maple Bluff - bit.ly/MapleBluffHousingUpdate
Marshall - bit.ly/MarshallHousingUpdate
McFarland - bit.ly/McFarlandHousingUpdate
Middleton - bit.ly/MiddletonHousingUpdate
Monona - bit.ly/MononaHousingUpdate
Mount Horeb - bit.ly/MountHorebWIHousingUpdate
Oregon - bit.ly/OregonWIHousingUpdate
Stoughton - bit.ly/StoughtonWIHousingUpdate
Sun Prairie - bit.ly/SunPrairieHousingUpdate
Verona - bit.ly/VeronaHousingUpdate
Waunakee - bit.ly/WaunakeeHousingReport
Windsor - bit.ly/WindsorHousingUpdate
Do you want to know how much your home is worth? Click http://bit.ly/yourhomevalue2021
The Huemmer Home Team
608-279-5424 (call or text)