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Days on Market - June 2010

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Monthly Trend - Condos

The June average days on market for listings that sold was 177 days, up from 134 days in June of 2009. The June average days on market for listings that expired was 380 days, up from 337 days in June of 2009.

The graph below shows the days on market for sold listings dating back to the beginning of 2005. Each green data point represent a decrease in the days on market fom the same month of the prior year. Each red data point represents an increase.

The graph below shows the days on market for expired listings dating back to the beginning of 2005. The monthly year-over-year days on market for expired listings has been on an overall upward path (red) for most of the last 4 years. Due to the large degree of variability in the monthly numbers, it's always a good idea to view the year-to-date picture when assessing the days on market in any given month.

Year-to-Date Trend - Condos

The year-to-date average days on market for listings that sold was 172 days, up from 168 days in 2009. The year-to-date average days on market for listings that expired was 291 days, up from 283 days in 2009.

Recent History - Condos

From the graph below you’ll see the days on market for sold and expired listings have increased steadily over the past several years.

The total days on market experience for the average Dane County condo seller has increased greatly over the last several years. The number dipped in 2009 due to the many first time buyers that purchased condos in the lowest price categories.

More Dane County condo reports

  • Dane County condo snapshot, covering nine locations
  • How condo prices have changed over time
  • A closer look at inventory
  • How sold and expired listings have changed over time
  • How listing success rates have changed over time
  • How condo sales mix has changed over time
  • About us

    This market update is provided courtesy of Dan Miller and Shawn Kriewaldt of Keller Williams Realty and DaneCountyMarket.com. For more information, please contact Dan at 608-852-7071 (danielmiller@kw.com) or Shawn at 608-212-5743 shawnkriewaldt@kw.com). Don't forget: if you're buying or selling, whether your timeline is 3 months or 3 years, we can help.

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