Ice Age Falls Neighborhood- Madison, WI Subdivision Real Estate Market Report and Absorption Rate Trend
How's The Market Madison?
Ice Age Falls Neighborhood in Madison, WI by some might be considered a fairly balanced market. With 2 homes under contract, 6.9 months of supply for the yearly column, and only 4 homes currently active on the market things appear to be in good shape.
Average Price per Square Foot while not always the best stat to look at is in this case fairly consistent from the sold to the pending to the active. Average First Price to Sale Price is around 93% for the yearly average and down below 90% for the 6 month average. That to me says that sellers on average are expecting a bit more for their homes than the market will bear.
John & Vicky Schroeder -Restaino & Associates REALTORS®
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