Dane County Market
All Madison Real Estate Listings & MLS Map
  • google+
About Contact How We Help You Free Stuff My Home's Value Subscribe View Today's Mortgage Rates


Days on Market - September 2013


Print Version

Monthly Trend - Madison Area Single family homes

The September average days on market for listings that sold was 56 days, down from 80 days in September of 2012. The September average days on market for listings that expired was 184 days, down from 195 days in September of 2012.

The graph below shows the days on market for sold Dane County listings dating back to the beginning of 2005. Each red data point represents an increase in the days on market from the same month of the prior year. Each green data point represents a decrease. Days on market for sold listings in the Madison area have been trending lower in 2013. 

Note the seasonality in days on market. Listings tend to sell more quickly in the spring and summer, and more slowly in the fall and winter.

The graph below shows the days on market for expired Dane County listings dating back to the beginning of 2005. Each red data point represents an increase in the days on market from the same month of the prior year. Each green data point represents a decrease. The days on market for expired Madison area listings have also decreased significantly in 2013, indicating improved seller and broker confidence in the market. 

Year-to-Date Trend - Madison Area Single Family Homes

The year-to-date average days on market for Madison area listings that sold was 70 days, down from the average of 91 days on market last last year. The year-to-date average days on market for listings that expired was 189 days, down from 198 days in 2012.

Recent History - Single Family Homes

From the graph below you’ll see the days on market for sold and expired listings have increased significantly from 2004 to 2011, but that trend started to reverse in 2012.

Recent History - Total Days on Market Experience

The total days on market eperience improved tremendously in 2012. This measure approximates the average amount of time it takes to sell a home, by taking into account the listing success rate, the days on market for sold listings, and the days on market for expired listings. The 2012 total days on market experience was the lowest since 2006.

Our full library of Dane County home reports

About us

This information is provided courtesy of Dan MillerShawn Kriewaldt, and Chris Vendenof Keller Williams Realty and DaneCountyMarket.com. For more information, please contact:

Don't forget: if you're buying or selling, whether your timeline is 3 months or 3 years, we can help.

 

Track the Market and Search for Real Estate

  1. Did you know you can receive our monthly updates via email? Just go to our newsletter sign-up, enter your email address, and select your topic(s) of interest.
  2. Our real estate search tools are easy-to-use. Learn how you can simplify your search by saving your search settings, receiving email updates, and tracking your own list of "favorite" properties. 

Search for South Central Wisconsin Real Estate Now



Back
 
Privacy Statement/Terms of Use                            Web design and hosting by Industry Connection, Inc.