Springtime on the Capitol Square: 2026 Q1 Downtown Condo Market Update
Posted by Sprinkman Real Estate on
Springtime on the Capitol Square: 2026 Q1 Downtown Condo Market Update
It’s Spring in Madison! That means it’s time to get ready for phenomenal weather and a busy property market. Here are some early 2026 condo market stats for you to peruse while you sip an iced tea on a downtown restaurant patio.
21 condos sold in 2026 Q1, a 24% increase from 2025 Q1. This was driven mostly by a 100% increase in 1-bedroom condo sales, up from 6 to 12. Average downtown condo sale prices were down 28% to $444k for 2025 Q1 to 2026 Q1, but this doesn’t seem to be a long-term trend. The year-over-year change was positive for both sale price (up 12% to $588k) and price per square foot (up 3% to $430). As with last quarter, sellers who chose to list their property…
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