Dane County condo prices continued to rise in the month of June, and by all measures. Here's our latest condo market update, covering the month of June, 2023.
Condo prices
The condo price per square foot increased to $219, which was an increase of 8% from the $203 per square foot in June of 2022. The median price increased by 13%, and the average price by 15%.
Through the first 6 months of the year, the price per square foot, the median, and the average price were up by 7 percent, 13 percent, and 12 percent, respectively.
New condo listings
Last summer mortgage rates shot up to nearly 6 percent, and MLS listings have been trending lower ever since. New Dane County condo listings decreased by 21 percent from the number of listings in
…