It's pretty remarkable how much inventory levels have grown from rock-bottom lows in the span of 5 short months. Here's a quick look at the latest inventory trends in the Madison area.
Home supply has more than doubled since February.
As of July 22nd, a total of 566 Dane County homes were available for sale, a new high for the year.
![Madison WI Single Family Home Inventory July 22 2022](/uploads/agent-1/Dane County Inventory Snapshot July 22 2022.jpg)
And condo supply is up by more than 80 percent.
A total of 156 Dane County condos were available for sale on July 22nd, also a new high.
![Madison WI Condo Inventory July 22 2022](/uploads/agent-1/Dane County Condo Inventory Snapshot July 22 2022.jpg)
As inventory is increasing, so is opportunity.
What real estate opportunities are you hoping to explore in the coming year? Please reach out to your Mad City Dream Homes realtor for a helpful conversation. We're always up for talking real estate, and never with any sales pressure or spin.
This article is published courtesy of:
Dan Miller, REALTOR
Mad City Dream Homes & RE/MAX Preferred
1619 Monroe Street #1, Madison, WI, 53711