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Dane County Year In Review Market Update - 2022

Dan Chin

Dan Chin, President and Seller Representative Specialist of Dan Chin Homes, has been a longstanding leader in the Madison area business community...

Dan Chin, President and Seller Representative Specialist of Dan Chin Homes, has been a longstanding leader in the Madison area business community...

Jan 20 1 minutes read

Our Team's 2022 In Review

$113M

Total Sales Volume

307

Homes Sold

Our Market 2022 Year in Review



Single Family Homes

0.7 Months of Supply

This is a Seller's market.

6,047

New Listings

Down 14.6% from 2021

294

Currently Under Contract

352

Current Active Listings

5,647

Closed Sales

Down 16.3% from 2021


New Single Family Homes Coming Soon:

59

Contact us to learn more about these homes

 

$465,984

Average Sales Price

Up 11.1% from 2021

18

Average Days on Market

Down 5% from 2021

Condos



0.6 Months of Supply

This is a Seller's market.

1,680

New Listings

Down 14.5% from 2021

97

Currently Under Contract

88

Current Active Listings

1,647

Closed Sales

Down 12.1% from 2021


New Condominium Homes Coming Soon:

22

Contact us to learn more about these homes

 

$300,706

Average Sales Price

Up 10.1% from 2021

21

Average Days on Market

Down 9% from 2021

Curious about how your home's value changed in 2022?

We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information heading into 2023.

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