Tuesday, January 6, 2009

What percent of all Dane County sales go to condos?

Condos accounted for 24% of all residential sales (homes and condos) through November of 2008, down from 26% the year before. Data comes from the South Central Wisconsin MLS.

Although the condo sales mix is down slightly this year, it is still well above the percentage from just a few years ago. Condos accounted for only 18% of all sales in the year 2000. That number grew to 25% in 2004 and peaked at 27% in 2005 and 2006.

We'll keep you posted in 2009. You'll find our condo sales mix report updated monthly on the DaneCountyMarket real estate trends page.

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