Looking at the real estate market activity since June 1st, in Middleton, Wisconsin.
What is the holding inventory or absorption rate in Middleton right now? How long would it take to sell a home?
How we calculate the data:
- How many homes are selling in a month?
- Based on the current active inventory, how long would it take to sell?
So the average home sales in Middleton is, 13 a month.
- 39 total sales since June 1st.
There are 130 current active listings for sale in Middleton. If we said no more listings are allowed to come on the market, with an average of 13 selling a month, it would take 10 months to absorb the existing inventory.
This means Middleton is a buyer’s market. Probably one of the more balanced real estate markets in Dane County right now, but still a buyer’s market.
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Filed under: market stats, Middleton real estate, real estate, real estate trends
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