Listing Success Rate - July 2010

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Monthly Trend - Condos The Dane County condo listing success rate decreased from 49.8% in July of 2009 to 34.7% in July of 2010. The listing success rate measures the number of listings that sell relative to all of the listings that either sell or expire. A number greater than 50% means more listings are selling than expiring. A number less than 50% means more listings are expiring than selling. The graph below shows the monthly listing success rate dating back to January, 2005. Each green data point represents an increase from the same month of the prior year. Each red data point represents a decrease. Note the seasonality in listing success rates. Sellers tend to be more successful during the spring and summer months, and less successful during the fall and winter months. Year-to-Date Trend - Condos The year-to-date listing success rate for Dane County condos through the month of July was higher than the success rate from July of 2009. The success rate through July was 46.4%, compared to a success rate of 34.8% during the same time period in 2009. Recent History - Condos From the graph below you’ll see the listing success rate peaked in 2003 and 2004 - when roughly 3 out of every 4 condo listings resulted in a sale. The success rate decreased each of the following 4 years. In 2008, only 1 out of every 3 condo listings resulted in a sale. The success rate improved slightly in 2009. More Dane County condo reports Dane County condo snapshot, covering nine locations How condo prices have changed over time A closer look at inventory How sold and expired listings have changed over time How marketing time requirements have changed over time How condo sales mix has changed over time About us This market update is provided courtesy of Dan Miller and Shawn Kriewaldt of Keller Williams Realty and DaneCountyMarket.com. For more information, please contact Dan at 608-852-7071 (danielmiller@kw.com) or Shawn at 608-212-5743 shawnkriewaldt@kw.com). Don't forget: if you're buying or selling, whether your timeline is 3 months or 3 years, we can help. Track the market and search for real estate Did you know you can receive our monthly updates via email? Just go to our newsletter sign-up, enter your email address, and select your topic(s) of interest. Our real estate search tools are easy-to-use. Learn how you can simplify your search by saving your search settings, receiving email updates, and tracking your own list of "favorite" condos.  Search for South Central Wisconsin Real Estate Now Email this article to a friend: Email To: Email From: Name of Sender: Optional Message: Please enter the numbers/characters in the picture for verification *  Back