Tuesday, November 24, 2020 / by Brad Brethouwer
The Latest Inventory Numbers for Our Area
Here’s a quick rundown of the inventory situation in our marketplace.
Thin inventory has been a problem in our market lately, but how many residential properties are for sale exactly? Here are the latest numbers as of March 2020:
DeForest/Windsor:
- $250,000 and below: 0
- $250,000-$300,000: 8
- $300,000-$400,000: 30
- $400,000-$500,000: 21
- Over $500,000: 16
Sun Prairie/Bristol:
- $250,000 and below: 13
- $250,000-$300,000: 15
- $300,000-$400,000: 34
- $400,000-$500,000: 22
- Over $500,000: 12
Waunakee/Westport:
- $250,000 and below: 6
- $250,000-$300,000: 2
- $300,000-$400,000: 6
- $400,000-$500,000: 12
- Over $500,000: 25
Madison:
- $250,000 and below: 70
- $250,000-$300,000: 27
- $300,000-$400,000: 138
- $400,000-$500,000: 84
- Over $500,000: 103
As you can see, things are pretty saturated. As prices go up, there are more homes in the luxury price points than the entry-level ranges.
As always, if you have questions about this or any other real estate topic, don’t hesitate to reach out to me. I’d love to help.