The Dane County real estate market continues to show strength as we close out November! Here's what you need to know:

 

Market Highlights:

Average home prices rose to $514,784, up from $493,459 last year, solid appreciation of 4.32%

Homes are selling in just 34 days on average (down from 35 days in 2024), indicating a competitive market

457 homes sold in November, keeping our market active despite seasonal trends

 

Inventory Update:

We're seeing 361 new listings this month compared to 377 last November. With strong buyer demand and limited inventory, now is an excellent time for sellers to capitalize on these market conditions.

 

Interest Rate News:

The national average for a 30-year fixed mortgage currently sits at 5.875%, creating opportunities for qualified buyers to secure predictable monthly payments.

 

Whether you're thinking about buying your first home, selling to upsize, or exploring investment opportunities, The Huemmer Home Team is here to guide you through every step of the process.

 

Ready to make your move? Let's chat about how these market trends impact YOUR real estate goals!