Dane County Year In Review Market Update - 2023
Dan Chin
Dan Chin, Team Leader & Sales Director of Dan Chin Homes, has been a longstanding leader in the Madison area business community...
Dan Chin, Team Leader & Sales Director of Dan Chin Homes, has been a longstanding leader in the Madison area business community...
Dane County Market 2023 Year in Review
Single Family Homes
1.1 Month of Supply
This is a Seller's market.
5,166
New Listings
Down 15% from 2022
359
Currently Under Contract
419
Current Active Listings
4,599
Closed Sales
Down 18.8% from 2022
New Single Family Homes Coming Soon:
88
Contact us to learn more about these homes
$497,322
Average Sales Price
Up 6.7% from 2022
21
Average Days on Market
Up 16% from 2022
Condos
0.9 Months of Supply
This is a Seller's market.
1,404
New Listings
Down 16.5% from 2022
82
Currently Under Contract
102
Current Active Listings
1,311
Closed Sales
Down 20.7% from 2022
New Condominium Homes Coming Soon:
21
Contact us to learn more about these homes
$333,406
Average Sales Price
Up 11% from 2022
21
Average Days on Market
No change from 2022
Curious about how your home's value changed in 2023?
We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information heading into 2023.