Single family home listings are entering the market at the slowest pace on record, and are down by 26% through the first 4 months of the year.
While condo listings are down by 23% through the first four months.
Low listing activity is one of the big reasons why Madison area home and condo prices continue to move higher in 2023, and why we expect prices to continue to rise for the foreseeable future.
How does the market impact you and your real estate goals? You can always reach out to our realtor team for a helpful conversation. We'd love to help.