Days on market are increasing on Madison's west side

Single family home days on market are increasing on Madison's west side, but marketing time remains low when compared to the larger Dane County market. This graph shows the average days on market for listings that sold for the Madison West and Dane County markets dating back to the year 2000. Note how the days on market for sold listings have increased significantly over the years, with the Madison West market consistently out-performing the larger Dane County market.

This graph shows the average days on market for expired listings dating back to the year 2000. Once again, days on market have been consistently lower within the Madison West market.

For the 2008 sales year, our year-to-date snapshot at DaneCountyMarket.com shows that the Madison West market continues to out-perform the larger market when it comes to the marketing time for sold and expired listings.

But there's more to the story...Given that some listings sell and some listings expire, this data doesn't tell us how long it takes to sell the average home on Madison's west side. We'll cover the total days on market experience for the average west side home in our next post.