As of July 31st, Dane County combined home and condo inventory stood at 3,497 units, 69 units less than the combined inventory level from the same time last year, a decrease of 1.9%.
The inventory level for Dane County homes was 2,671 units, 40 more than the level from July 31st of 2013, an increase of 1.5%.
Condo inventory stood at 826 units on July 31st, 109 less then the inventory level from last year, a decrease of 11.7%.
From the graph below you'll see combined single family home and condo inventory was roughly 2,500 units in January of 2005. After a steady climb, inventory more than doubled and peaked in the summer of 2007 at roughly 6,100 units.
(Note: We started tracking the single family home and condo inventory levels separately in May of 2007).
This graph shows the total active home and condo listings for every July dating back to 2006. Active listings in July were at the lowest level for any July dating back to 2006, and were 40% below the peak.
This graph shows the active single family home listings for every July dating back to 2008. Active listings in July were 19% lower than in the peak year of 2011.
This graph shows the active condo listings for every July dating back to 2008. Active condo listings in July were 63% lower than in the peak year of 2008.
How months of inventory have changed over time
This information is provided courtesy of Dan Miller , Shawn Kriewaldt , Chris Venden and Tammy Steiner of Keller Williams Realty and DaneCountyMarket.com. For more information, please contact:
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