Madison area home supply is tracking below last year's levels; condo supply is running higher. Here's a quick inventory snapshot for May 6th, along with a preview of how growing supply will impact buyers and sellers this summer.
Dane County single family homes
As of May 6th, 582 homes were listed for sale (without an accepted offer), compared to 608 homes at the same time last year. Currently, 1.4 months of supply are available for sale in the Dane County single family home market.
Dane County condos
As of May 6th, 208 condos were listed for sale (without an accepted offer), compared to 190 condos at the same time last year. Currently, 1.8 months of supply are available in the Dane County condo market.

(Pheasant Branch Conservancy in Middleton)