07/18/2023
๐ก๐ Market Update for Dane County, Wisconsin ๐๐ก
Hi Everyone, Here's latest market update for single family homes in Dane Co:
๐ There's currently a 2.13 Months Supply of Inventory in Dane County, Wisconsin. This means there still is a shortage of homes for sale, creating a competitive market for buyers.
๐ Over the last 12 months, the Months Supply of Inventory has increased by a significant +55.47%. This rise indicates a shift towards a more balanced market, giving buyers more options.
๐ฐ The List to Sold Price percentage is an impressive 103.7%. Sellers are benefiting from strong demand, with homes selling for above their listing price.
โณ Homes in Dane County are not staying on the market for long! The median days on market is just 12 days, indicating high buyer interest and swift sales.
๐ฒ The Median Sold Price currently stands at $445,000. This showcases the strong value and desirability of properties in Dane County, Wisconsin.
Whether you're buying or selling, understanding the local market trends is crucial. As a trusted REALTORยฎ at First Weber REALTORS, I'm here to provide you with expert guidance and support throughout your real estate journey. Let's make your dreams a reality! ๐ซ
If you have further questions about a specific area or neighborhood, please let me know I'm here to help!