Condos - Sales Price
We will begin posting community statistics for the 2010 sales year once we have several months of data for 2010. Please visit our real estate trends page for Dane County real estate statistics updated throughout the 2010 sales year.
Dane County condo year-to-date prices through the month of December were lower compared to the price levels from the same time period in 2008. The median price of $150,000 decreased by 10.2% from the median price of $167,000 in 2008. The average year-to-date sales price of $169,967 decreased by 13.6% from the average price of $196,786 in 2008.
See our Dane County condo sales price analysis for a closer look at recent Dane County condo price trends.
Condos - Inventory, Volume and Listing Success Rate
As of December 31st, 16 months of inventory remained on the Dane County condo market. This number is based on the number of active listings and the average monthly sales volume from the preceding 12 months. See our Dane County condo inventory analysis for more details.
Dane County year-to-date condo sales volume through the month of December decreased by 1% from the sales volume levels of 2008. The number of expired listings decreased by 23.6%. See our sold and expired listing analysis for more details on recent Dane County condo sold and expired listing trends.
The year-to-date listing success rate for Dane County condos increased by 5.9% from the listing success rate in 2008. A number greater than 50% means more listings are selling than expiring. A number less than 50% means more listings are expiring than selling. Currently more listings are expiring than selling in the Dane County condo market. See our listing success rate analysis for more details on recent Dane County condo trends.
Condos - Days on Market
The Dane County year-to-date average days on market for condo listings that sold was 167 days, up from 153 days during the same time period in 2008. The year-to-date average days on market for listings that expired was 253 days, up from 252 days in 2008.
Please see our days on market analysis for a closer look at how the days on market for sold and expired listings impact the total days on market experience for the average Dane County condo seller.
More Dane County condo reports
Use these reports for a more in-depth view of the Dane County condo market:
Historical real estate trends by location
Visit these links for historical MLS trends including: price, sales volume, listing success rate and marketing time statistics.
This information is provided courtesy of Dan Miller, Shawn Kriewaldt, Chris Venden, Dasha Shy, and Jodi Shehadi of Keller Williams Realty and DaneCountyMarket.com. For more information, please contact:
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