Dane County’s housing market is facing slower inventory growth and faster price increases than expected, according to an analysis from Stark County Realtors CEO David Stark.
“Only three months into the new year we’ve already had more curve balls thrown our way than we normally get in a full year,” he wrote.
As of April 6, the latest date captured in his report, residential inventories for Dane County were only 6.2% higher over the year. What’s more, single-family inventories are 3.6% lower than they were at this point last year, after starting the year 20% above last year. Still, condo inventories in the county grew by 40.8% over the year…