Single family home listings increased year-over-year in August, but in the big picture the number of new listings entering the Madison area real estate market remained very low. This was only the second August this century with fewer than 500 homes being listed for sale in Dane County.
Condo listings continued to enter the market at a slow pace, too. Only 126 Dane County condos were listed for sale in August, which was the lowest August total in 21 years.
What's next for the Madison area areal estate market?
We're expecting high prices and low supply for the foreseeable future. Stay tuned for our August Dane County home and condo market updates, which we'll be publishing to our blog real soon.
This article is published courtesy of:
Dan Miller, REALTOR
Mad City Dream Homes & RE/MAX Preferred
1619 Monroe Street #1, Madison, WI, 53711
