February 1, 2008...7:47 pm

Waunakee Single Family Real Estate Market: Home Prices and Data from 2004-2007

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I got an email from some one requesting the data on the Waunakee Real Estate market.

Actually they asked a simple question,

Has the value of homes in Waunakee, WI gone down since 2005?

The simple answer to that is NO. Home prices in Waunakee have not gone down. Home prices have actually gone up. By almost 10% since 2005. Go figure?  Here’s the data:

Waunakee Days on market 2004-2007

Avg. Sold Price in Waunakee 2004-2007

2007 actually looks like a nice rebound for the Waunakee single family real estate market.  Days on Market dropped, the number of homes sold increased and home prices continue to increase.

I will bring back something I wrote in May of ‘06,

Real estate is local, like the weather. It doesn’t matter what the weather is like in Austin, Texas if you are planning a picnic in Madison, Wisconsin.

If you are thinking about buying or selling, good for you. Don’t listen to the local media. Especially don’t listen to the national media. Don’t listen to me. Contact a local Realtor and ask great, tough questions. If you don’t feel like you are getting an honest, candid response, contact another Realtor. Do some research, ask for data, trends. Read blogs. Then decide based on the information you have gathered what is best for you.

If you have questions about your real estate market you can contact me at Darin@EdynRealEstate.com

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Things that a Madison Home Seller Can Do

Is your home for sale helping other homes get sold?

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