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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.
Sales Price - Single Family Homes
December year-to-date prices for Dane County homes were lower compared to prices from the same time period in 2008. The YTD median price of $218,000 decreased by 5.2% from the 2008 median price of $229,900. The YTD average price of $245,680 decreased by 8% from the average price of $266,983 in 2008. See our sales price analysis for a closer look at recent Dane County single family home price trends.
Inventory, Volume and Listing Success Rate - Single Family Homes
As of December 31st, 6.6 months of inventory remained on the Dane County single family home 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 inventory analysis for more details. Year-to-date sales volume for Dane County homes through the month of December increased by 3.8% from the sales volume levels of 2008, while the number of Dane County expired listings decreased by 25.5%. See our sold and expired listing analysis for more details on recent Dane County sold and expired listing trends. The year-to-date listing success rate for Dane County homes increased by 8.3% from the year-to-date 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. See our listing success rate analysis for more details on recent success rate trends in Dane County.
Days on Market - Single Family Homes
The year-to-date average days on market for listings that sold was 82 days, even with last year's number. The average days on market for listings that expired was 178 days, up from 158 days in 2008. See our Dane County days on market analysis for a closer look at how the days on market for sold and expired listings - and the listing success rate - impact the total days on market experience for the average Dane County home seller.
More Dane County home reports
Use these reports for a more in-depth view of the Dane County single family home 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.
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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