Our short slideshow below provides a concise overview of the latest trends in the Madison, Wisconsin condo market. Our inventory data is up-to-date as of October 17th. All other data is up-to-date through the month of September. Here's a quick narrative on the latest trends in our local condo market.
Madison Condo Trends - 9/2015
- Inventory remains very low - 2.2 months of supply and less - for condos priced below $250,000. The market dynamics at the lower price points generally favor sellers over buyers. At higher price points the months of supply are much higher. However, there is more than meets the eye with the inventory data. We'll dig deeper into the inventory data in a future blog post.
- New condo listings are entering the market at a