Monthly Trend - Madison Area Single Family Homes
September 2013 sales volume for Dane County homes increased from the sales volume registered in September 2012. The number of expired listings decreased.
A total of 431 Dane County homes sold in September compared to 327 homes in September of 2012 - an increase of 31.8%. Meanwhile 172 Dane County listings expired in September, compared to 220 in September of 2012 – a decrease of 21.8%.
The graph below shows monthly sales volume dating back to January, 2005. Each green data point represents a volume increase from the same month of the prior year. Each red data point represents a volume decrease.
September was the 27th straight month to meet or exceed the sales volume from the same month of the previous year. Also note the seasonality in sales volume. Roughly 75% of all home sales occur during the months that span from March to September.
The following graph shows the monthly expired listing volume dating back to January, 2005. Each green data point represents an expired listing volume decrease from the same month of the prior year. Each red data point represents an increase. Expired listings have decreased on a year-over-year basis for 24 straight months.
Year-to-Date Trend - Madison Area Single Family Homes
Dane County year-to-date sales volume through the month of September increased by 25.7% from the year-to-date total from 2012, while the number of expired listings decreased by 30.3%.
A total of 4,674 Dane County homes sold through the month of September, compared to 3,719 during the same time period in 2012. A total of 1,378 listings expired through the month of September, compared to 1,976 in 2012.
Recent History - Single Family Homes
From the graph below you'll see the 2012 sales volume for single family homes reached its highest level since 2007. Expired listings dropped to their lowest level since 2004. With more sales and fewer expired listings, 2012 was a year of great improvement for Dane County home sellers.
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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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