As of April 30th, Dane County combined home and condo inventory stood at 3,745 units, 771 units less than the combined inventory level from the same time last year, a decrease of 17.1%.
The inventory level for Dane County homes was 2,657 units, 451 less than the level from April 30th of 2012, a decrease of 14.5%.
Condo inventory stood at 1.088 units on April 30th, 320 less then the inventory level from last year, a decrease of 22.7%.
From the graph below you'll see combined single family home and condo inventory was roughly 2,500 units in January of 2005. After a steady climb, inventory more than doubled and peaked in the summer of 2007 at roughly 6,100 units.
(Note: We started tracking the single family home and condo inventory levels separately in May of 2007).
This graph shows the total active home and condo listings for every April dating back to 2005. Active listings in April were at the lowest level for any April dating back to 2006, and were 37% lower than the active listing total from the peak year of 2007.
This graph shows the active single family home listings for every April dating back to 2008. Active listings in April were 24% lower than in the peak year of 2010.
This graph shows the active condo listings for every April dating back to 2008. Active listings in April were 54% lower than in the peak year of 2008.
How months of inventory have changed over timeMonths of inventory by location - homesMonths of inventory by location - condosMonths of inventory by price range - homes and condos
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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