Comparing housing days on market for Madison East vs. Madison West.
We looked at single family and condos in both the Madison East and Madison West market areas.
The Madison East and Madison West single family markets are almost even with each other for days on market. What makes the Madison East real estate market a bit healthier though is the absorption rate.
The condo’s days on market is all over the place, but both Madison East and Madison West condo sales are going at a slower pace than single family.
We have looked at Dane County days on market and have seen the curve and ups and downs from last year to today, but check out the Madison graph again. Notice the days on market for single family of both Madison East and Madison West have had a slight decline in this “awful” real estate market. That’s weird, huh?????
I wonder why that is? You got any ideas?
Do you want the numbers for your local area? Market trends, average days on market, averages sales price? Email us edynrealestate@gmail.com
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