Dane County Housing Starts:
Our housing start update provides an objective view of the latest home-building trends in Dane County, Wisconsin. Our report tracks the number of new construction building permits issued for duplexes and single family homes. The statistics below provide a forward-looking view of the housing market in the greater Madison area. When building permits rise, we expect mortgage applications and home sales to increase in the months ahead. When building permits fall, we expect to see fewer applications and fewer sales.
All data in our Dane County housing start report is provided courtesy of Dominic Collar from MTD Marketing Services of Wisconsin. For more information, please contact Dominic directly at 920-450-6131.
Our report for the month of May, 2020 follows.
Dane County Housing Start Trends - May, 2020
A total of 83 Dane County building permits were initiated during the month of May, a slight decrease from the 88 building permits issued in May of 2019.
Year-to-date, there have been 464 Dane County housing starts through the month of May, which is the lowest year-to-date total since 2014.
On an annual basis, a total of 1,187 Dane County building permits were issued in 2019, which was lower by 8% from the year before. Housing starts ended the year about 50% below the levels from the peak building years (2001 - 2005).
Dane County Building Permits: January, 2000 - May, 2020
This table shows the monthly, year-to-date and annual housing start totals for every time period dating back to January, 2000. As the table below shows, Dane County housing starts increased in January, February, and March -- and then decreased in April and May.
This table shows the monthly, year-to-date and annual change in Dane County housing starts for every time period dating back to January, 2000.
This table shows the monthly, year-to-date and annual percent change in housing starts for every time period dating back to January, 2000. Building permits are down 7% through the first 5 months of the year.
Looking for more reports on the Madison area real estate market? Visit our market report home page here.