We're two months into the COVID-19 pandemic now, and we have some important trends we'd like to share with anyone who's thinking of buying or selling in the Madison area. Buyers and sellers who understand these trends will be in a position to make smart decisions and make the most of this year's unique market.
Dane County single family home trends for April and early May, 2020
Here are the latest trends in the single family home market, with fresh data from the months of April and May.
Fewer owners are listing their home for sale.
Single family home listings were in short supply before the pandemic began, and we expect this to be the trend for the foreseeable future. As you can see from the graph below, many home owners postponed their…