Last month 22% of the Dane County homes listed on the South Central Wisconsin MLS had an accepted offer (read more info here). The number for condos was 10% (read more info here).
As of June 20th, the percent of homes under contract remained at 22%. In other words for every single family home listing that had an accepted offer, roughly 3.5 other listings were working for a signed contract.
The percent of condos under contract as of June 20th improved to 11%. For every condo listing with an accepted offer, there were roughly 8 other condo listings working for a signed contract.
Going strictly by the numbers, home sellers generally have more leverage than condo sellers. But the leverage varies a lot by price category. The two charts below show how the numbers vary by price range.
June 20th - percent of Dane County condos under contract:
Have a good day,
Dan Miller, Keller Williams Realty and DaneCountyMarket.com
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