Quantcast

The Sconi

Tuesday, November 5, 2024

How did home prices perform in Cambridge during June 2018?

Re 7

The median sale price of a home sold in June 2018 in Cambridge fell by $23,900 while total sales increased by 33.3%, according to BlockShopper.com.

In June 2018, there were four homes sold, with a median sale price of $271,100 - a 8.1% decrease over the $295,000 median sale price for the same period of the previous year. There were three homes sold in Cambridge in June 2017.

The median sales tax in Cambridge for 2018 was $3,504. In 2017, the median sales tax was $3,603. This marks an decrease of 2.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.

The following table compares Cambridge to other Dane County cities with similar median sale prices in June 2018:

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Deerfield11110%$331,500$134,500146.5%
Windsor2943-32.6%$285,000$245,50016.1%
Middleton4751-7.8%$282,000$392,000-28.1%
McFarland302711.1%$281,500$270,0004.3%
Verona4147-12.8%$280,000$290,000-3.4%
Cambridge4333.3%$271,100$295,000-8.1%
Fitchburg79772.6%$267,500$271,900-1.6%
Oregon3051-41.2%$267,500$249,9007%
Madison654695-5.9%$264,500$250,0005.8%
DeForest3847-19.1%$263,500$231,00014.1%
Cottage Grove302236.4%$260,212.50$249,2504.4%

MORE NEWS