Sunday, December 8, 2019

Real Estate Inventory

Inventory in Dane County remains tight, favoring sellers, but has increased slightly over this time last year. There were 359 new homes added to our market’s available inventory over the past month, but 581 homes sold. This resulted in the one-month drop seen in available inventory from October to last month.

Monday, December 2, 2019

Slower Sales Pace in November

Home sales for the month of November maintained the slower pace that we expect from our fall market, but are up ever so slightly from last month. There were 359 new homes listed for sale over the last 30 days. Of those new homes listed, 161 of them were 3 bedroom single family homes – typically the most sought after homes in our market. The average days on market for a sold home is 48, so homes are still moving relatively quickly.