2018 is almost here. Do you want to know how our market is expected to change?
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What’s happening in our market right now? What can we expect from the market in 2018?
First, let’s start off with the number of homes that are currently available in the Madison area. Currently, there's less than 1.5 months of supply in terms of both condos and single-family homes. What does this mean you may ask? This means we’re in a seller’s market at the moment (brief explanation: a balanced market is about 6 months of available homes at the rate of sale using the average of the past 12 months. In a "balanced" market supply and…
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