These are the number for Dane County, Madison, WI. Basically on the left you find a price range that you have a house listed for sale in then follow the chart to the right to see factual statistics of what is going on in the market. The column called 'months required to absorb inventory' is the factual data of how long properties that are properly listed in that price range are taking to sell in this market. Most of them are taking weeks and even months longer to sell in 2007 compared to 2006.
I post this regularly along with other facts and information on my website: www.tornowrealestate.com
The South Central Wisconsin Homes Inventory Watch
December 2007
| List Price Range Homes For Sale | Current Listed Homes 2007 | 2006 | Last 12 Month Sales 2007 | 2006 | Monthly Absorption Rate 2007 | 2006 | Months Required to Absorb Inventory 2007 | 2006 |
| $0 - $199,999 | 710.00 | 616.00 | 1525.00 | 1527.00 | 127.08 | 127.25 | 5.59 | 4.84 |
| $200,000 - $249,999 | 594.00 | 579.00 | 1332.00 | 1308.00 | 111.00 | 109.00 | 5.35 | 5.31 |
| $250,000 - $349,999 | 678.00 | 658.00 | 1168.00 | 1091.00 | 97.33 | 90.92 | 10.12 | 7.24 |
| $350,000 - $499,999 | 396.00 | 436.00 | 573.00 | 480.00 | 47.75 | 40.00 | 12.00 | 10.90 |
| $500,000 - $1 Mil + | 269.00 | 310.00 | 254.00 | 239.00 | 21.17 | 19.92 | 12.71 | 15.56 |
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
