The following information was received from John Deininger, EVP of the REALTORS Association of South Central Wisconsin and South Central Wisconsin MLS Corporation.
- August new listings in Dane County fell by slightly over 17% from last year. This reflects a drop of 236 fewer “new listings” than in August of 2006 and 237 fewer than 2005.
- Dane County reported sales were about 6% under August of 2006, a slight improvement over the year-to-date drop of 6.6%.
- The average sale price and median sale price for Dane County maintained it’s year-to-year and year-to-date increase over 2006 numbers, in contrast to a much publicized media message.
- The total number of “active” Dane County listings is now slightly lower than this same time last year.
- Sauk County is only off 8 reported sales from the year to date numbers of 2005, and only 35 sales off 2006 numbers.
- Sauk County had 15.38% fewer “new listings” year-to-date than last year, which has reduced the total “active” listing total to the same level (minus 1) than August of last year.
- Columbia County reports a drop of only 4.6% in reported sales from 2006 year to date numbers, or 25 units.
We are seeing a trend toward a more traditional number of active listings. All of our reporting counties show a decline in the rate new listings are coming in, which has stabilized the size of the available inventory. Sales have lagged behind 2006 levels in most of our Counties, but the region has fared better than many parts of the country.
Thank you for the stats, John.
