We measure the number of Dane County condo listings with accepted offers on the last day of each month. This snapshot provides us with a forward looking view of Madison area condo sales over the next two months.
Dane County Pending Condo Sales - January 2015 (excluding homes)
On January 31st, 130 Dane County condo listings had accepted offers, 9% below the 143 pending condo sales from January 31st of 2014. This snapshot suggests we'll see February and March condo sales slightly below the sales levels from the same months of the year prior. *Note this month's pending condo sales total is down 18% from the pending condo sales total in January of 2013 and even with the pending sales total in January of 2012. Pending condos sales are lower than they otherwise would be due to a lack of inventory available for sale.
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This information is provided courtesy of Dan Miller, Shawn Kriewaldt, and Chris Venden, of Keller Williams Realty and DaneCountyMarket.com. For more information, please contact:
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