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Market Update August 2011
Hello all, I hope this message finds you well!  We are reaching the end of the summer months here, so I wanted to give you a snapshot of the market and how home sales and prices are doing in Dane County.  With the economic times we are in, many are curious as to how the market is doing.  As a whole Dane County has been relatively protected.  The national unemployment rate was last reported at 9.1%.  Dane County's unemployment rate continues to stay under 6%.  As a result the national home prices have dropped an average of roughly 30% since 2006 (zillow.com), while Dane County has seen an average of home sale price drop off at its lowest point by about ~9-10%
Here are the Dane County Stats for single family homes for the last 6 years for the months of January-July so we can include 2011 so far…reminder... this is an average for the whole county, specific areas may have been effected more or less than is stated here.  Numbers are pulled from the South Central Multiple Listing Service.
Year     Listed      Sold        Avg Sale Price     Avg DOM     %  Expired
2011   ... more

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