Real Estate Market Statistics

Unless you have had your head under a rock, you know the Real Estate market has been crazy all year. Despite a pandemic and a presidential election, the market has super hot all year!

We can attribute that to historically low interest rates and buyers desperate to get into a house with more space.

Here’s what the market has looked like in the last week:

-61 houses on the market on the near wet side of Madison (Camp Randall to Gammon Rd.)

-32 of those are contingent

-28 are available for purchase

-87% sales ratio – meaning if you list today, your house has an 87% chance of selling. That’s pretty good odds!

Another interesting tidbit, the average number of days a house is on the market is 33 days; a decrease of 19% over 2019.

Time to sell? Now is the time! Check out my free staging tips on my website