Each year the Madison real estate market slows down in September due to the Labor Day holiday and the back-to-school rush. We see this slow-down in both the single family home and condo markets. As an example, see the graph below which shows the number of accepted offers in the Madison condo market for each month in 2017. Notice how market activity dipped significantly in September and then bounced higher in October. This is a pretty typical pattern for our market.
As expected, this pattern is repeating itself in 2018. The first half of September was a slow time for real estate, but now we're seeing market activity pick up again as we approach the month of October.
October = Opportunity for Sellers
If you have a home to sell, you now know…