Over the last 30 days, the Madison market made strides with six homes sold, a 20.0% increase from last week's report. In comparison, nearby Monroe had 26 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Madison, and for this period the median sales price slid from $250,000 to $231,000. Even after the uptick in sales, an elevated eight months of inventory tells us that Madison is still a strong buyer's market.
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