Listing Success Rate - December 2012

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Monthly Trend - Single Family Homes The listing success rate for Dane County homes increased from 48.5% in December of 2011 to 59.4% in December of 2012. The listing success rate measures the number of sold listings relative to the total sold and expired listings during a given time period. A number greater than 50% means more listings are selling than expiring. A number less than 50% means more listings are expiring than selling. The graph below shows the monthly listing success rates dating back to January, 2005. Each green data point represents an increase from the same month of the prior year. Each red data point represents a decrease. The success rate for Dane County homes increased for the 18th consecutive month in December. Note the seasonality in listing success rates. Sellers tend to be more successful during the spring and summer months, and less successful during the fall and winter months. Year-to-Date Trend - Single Family Homes The Dane County year-to-date listing success rate through December increased from the success rate through December of 2011. The success rate through December was 63.9%, compared to a success rate of 52.9% during the same time period in 2011. Recent History - Single Family Homes From the graph below you’ll see the listing success rate peaked in 2003. The success rate for single family home sellers decreased each of the following 5 years. In 2008, the success rate dipped below 50% - for the first time in the decade. The success rate in 2012 was the strongest since 2005, indicating a much improved market for Dane County home sellers. Our full library of Dane County home reports A monthly look at pending home sales A historical view of MLS home sales How home prices have changed over time A closer look at inventory How sold and expired listings have changed over time How listing success rates have changed over time How marketing time requirements have changed over time How housing starts have changed over time About us     This information is provided courtesy of Dan Miller, Shawn Kriewaldt, Chris Venden, Dasha Shy, and Jodi Shehadi of Keller Williams Realty and DaneCountyMarket.com. For more information, please contact: Dan at 608-852-7071 (danielmiller@kw.com) Shawn at 608-212-5743 (shawnkriewaldt@kw.com) Chris at 608-279-7852 (chrisvenden@kw.com) Dasha at 608-692-7752 (dasha@kw.com) Jodi at 608-630-2228 (jodi.shehadi@gmail.com) Don't forget: if you're buying or selling, whether your timeline is 3 months or 3 years, we can help.     Track the market and search for real estate Did you know you can receive our monthly updates via email? Just go to our newsletter sign-up, enter your email address, and select your topic(s) of interest. Our real estate search tools are easy-to-use. Learn how you can simplify your search by saving your search settings, receiving email updates, and tracking your own list of "favorite" properties.  Search for South Central Wisconsin Real Estate Now Email this article to a friend: Email To: Email From: Name of Sender: Optional Message: Please enter the numbers/characters in the picture for verification *  Back