Inventories by price range

On July 31st we measured the months of inventory for Dane County homes and Dane County condos.

Inventories for homes priced below $225,000 were quite low. The first time home buyer tax credit has fueled a lot of demand for the starter home, and we continue to see many first-time home buyers who are looking to cash in on the credit by November 30th.

Condo inventories were high across all price ranges, with the highest levels occurring in the price categories above $175,000.

Dane County condo inventory reached a new high on July 31st. To see how home and condo inventory have changed over time, you can check out our monthly inventory report on DaneCountyMarket.com.

Have a good day,

Dan Miller, Keller Williams Realty and DaneCountyMarket.com