May 2019 Home Sales

There is change in the air!  The rumors are circling that the Real Estate market is beginning to level off.  I don't mean for the year, which is typical this time of year, but rather the forecasters are predicting the housing market to become more "balanced' as we move into the second half of 2019 and into 2020.  

What does that mean?  A slight uptick in interest rates, more inventory on the market, fewer buyers looking to purchase and far fewer competitive offers bidding up the prices of homes.  Time will tell, of course, and I'll keep watching to see what happens.

In the mean time, take a look at properties that sold on the west side of Madison in May.

MAY 2019 HOME SALES

2701 Van Hise Ave Madison, WI

Sold: $700,000

4 Bed, 4 Bath	Built in 1940
Sold On 05/10/19	3016 sqft
Price/sqft: $232

609 S Brooks St Madison, WI

Sold: $0

2 Bed, 1 Bath	Built in 0
Sold On 05/09/19	852 sqft
Price/sqft: $0

501 Presidential Ln Madison, WI

Sold: $238,000

3 Bed, 2 Bath	Built in 1964
Sold On 05/08/19	1668 sqft
Price/sqft: $143

5001 Holiday Dr Madison, WI

Sold: $310,000

3 Bed, 2 Bath	Built in 1956
Sold On 05/08/19	1633 sqft
Price/sqft: $190

7 Hempstead Pl Madison, WI

Sold: $197,700

3 Bed, 3 Bath	Built in 0
Sold On 05/06/19	2139 sqft
Price/sqft: $92

435 Virginia Ter Madison, WI

Sold: $452,000

3 Bed, 2 Bath	Built in 0
Sold On 05/03/19	1914 sqft
Price/sqft: $236

5013 Regent St Madison, WI

Sold: $415,000

3 Bed, 2 Bath	Built in 1959
Sold On 05/03/19	1552 sqft
Price/sqft: $267

405 N Meadow Ln Madison, WI

Sold: $325,000

2 Bed, 1 Bath	Built in 1953
Sold On 05/03/19	1060 sqft
Price/sqft: $307

1407 Chandler St Madison, WI

Sold: $407,500

3 Bed, 2 Bath	Built in 1894
Sold On 05/03/19	1576 sqft
Price/sqft: $259