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The Latest Inventory Numbers for Our Area

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.