We're midway through the 2026 sales cycle, which makes it a good time to review some of the key themes we're observing in this year's real estate market. If you're planning to buy or sell this year, here are a few key trends for you to be aware of. 

(Brittingham Boats in Madison)

Condo inventory is more plentiful than single family home inventory. 

According to our July market snapshot, 2.5 months of condo supply are available for sale in Dane County, compared to 1.8 months for single family homes. 

Competing offers are more common in the single family home market. 

In the month of May, 37 percent of all single family home contract signings involved multiple offers, compared to 25 percent for condos. This is consistent with the pattern we've observed all year. 

On average, condos require more effort to sell. 

Through the first six months of the year, 19 percent of all Dane County condo listings expired without selling, compared to 14 percent for single family homes. 

Condo prices are moderating; home prices are increasing. 

The condo price per square foot is lower by half a percent through the first six months of the year. For homes, the price per square foot is up by 3 percent. 

Of course, your individual experience will vary, depending a lot on your property type, price point, location, and overall approach to your transaction. Reach out for a helpful conversation about your real estate goals. It would be our pleasure to learn more about your situation and help you map out all of your next steps.