The Dane County real estate market continues to be one where buyers outnumber sellers. How do we know this? Here are 3 key indicators of pent-up demand in the Madison area.
#1: competing offers
It's true, we aren't seeing listings receiving 20 and 30 competing offers this year. But a high percentage of Madison area listings do continue to receive multiple offers. The percentage remains very high when compared to pre-pandemic levels.
#2: cash offers
The percentage of listings receiving cash offers is also trending along historically high levels, which is another clear sign of pent-up demand.
#3: days on market
And of course, marketing times, remain historically low. Many Madison area home and condo listings continue to sell in
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