How does the Dane County Single Family Home market varies per price? Here is a small insight with the help of our inventory snapshot from 6 August.
Percentage of offers under contract
According to our Snapshot of 6 August, the price categories of less than $ 400,000 experience the most momentum, with more than 50 percent of all offers under contract with an accepted range. With $ 400,000 and higher, the percentage of contract fires is lower, ranging from 26 to 45 percent (depending on the specific price category).
Inventory per price range
Another way to evaluate the inventory is by looking for months of delivery per price range. Again, the figures show a tighter and more active market in the price categories of less than $ 400,000. According to our Snapshot of 6 August, all price categories of less than $ 400k have 1.1 months delivery or less. Above $ 400,000 the range varies from 1.8 to 4.9 months (depending on the specific price category).
All these rules with our daily real estate experience
The more affordable offers usually receive more offers and sell faster. That said, every situation is different. For example, we have many first buyers who write offers and prepare ourselves to move to their house now. Purchasing options have been improved in the entire price spectrum
Whether you are planning to buy or sell in the near future (or both), you probably have questions. We encourage you to call on one of our full-service brokers for a useful consultation. We help you make a plan that takes you to your goals, and without the sales pressure or spider.
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