Is more inventory on the way?

Posted by Dan Miller, REALTOR on Monday, July 12th, 2021 at 6:07am.

Madison area single family home listings started the year roughly 25% lower than the listing totals from the last several years. But now that our June numbers are in, we're beginning to see signs that more homeowners are deciding to sell as our society opens up with the vaccine roll-out. 

A total of 779 Dane County single family homes were listed for sale in June, which was consistent with the June totals over the last 10 years. We believe this may be a sign of more homes hitting the market in the months ahead. In the last few weeks we've heard from several homeowners who are deciding to sell really soon in order to take advantage of this year's hot market

Madison WI New MLS Listings June 2021 

Real estate is now a 12 month season in Dane County

Traditionally, the spring and summer seasons have been viewed by many as the best times for buying and selling in the Madison area. But persistently low supply is changing that notion. In 2021, many sellers will learn they can enjoy a successful sale in any month of the year. And many buyers will realize that it pays to stay engaged with their search during the fall and winter seasons. 

Do you have friends or family who have questions about buying or selling in the months ahead? Please connect them with your preferred Mad City Dream Homes agent. We are always available to share what we know about our constantly changing market. 

This article is published courtesy of:
Dan Miller, REALTOR
Mad City Dream Homes & RE/MAX Preferred
1619 Monroe Street #1, Madison, WI, 53711

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