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Dane County Real Estate Market Report December 2022

Here’s your December 2022 Real Estate Market Report for Dane County, WI.

If you’re considering selling a house, land, or business, it’s important to have accurate data from the MLS to really understand what’s going on in the current real estate market.

This Dane County Market Report gives you:

  • How many homes are currently for sale
  • How many houses sold in December
  • Average list price for homes for sale
  • Average amount homes sold for
  • How many days properties were on the market before going under contract
  • Market data for Single-Family Homes, Condos, Multi-Family Homes, Lots & Acreage, and Commercial Properties!

Before we get into all the details, here is a snapshot image of the Dane County, WI housing market for single-family homes in December 2022:

Dane County Market Update Dec 2022 RE/MAX Shine

Now, let’s dive into each real estate category deeper to help you better understand each branch of the real estate market.

Single Family Homes in Dane County, WI

Current Dane County Real Estate Market

# New Homes Listed in December134
Total # Homes on the Market530
Average Days on Market for Active Homes99
Average List Price of Houses For Sale$580,038
Data from MLS 1/2023

December Real Estate Sales in Dane County

# Single-Family Houses Sold289
Average Sold Price$463,950
Sale Price / List Price Ratio98%
Average Days on Market for Sold Homes22

Condos in Dane County, WI

Current Dane County Real Estate Market

# New Condos Listed in December40
Total # Condos on the Market138
Average Days on Market for Active Condos125
Average List Price of Condos For Sale$365,386
Data from MLS 1/2023

December Dane County Real Estate Sales

# Condos Sold94
Average Sold Price$297,686
Sale Price / List Price Ratio98%
Average Days on Market for Sold Condos19

Multi-Family Properties in Dane County, WI

Current Dane County Real Estate Market Trends

# New Multi-Family Units Listed in December9
Total # Multi-Family Properties on the Market35
Average Days on Market for Active Multi-Family Properties112
Average List Price of Multi-Family Homes For Sale$339,559
Data from MLS 1/2023

December Dane County Real Estate Sales

# Multi-Family Houses Sold11
Average Sold Price$396,290
Sale Price / List Price Ratio97%
Average Days on Market for Sold Multi-Family Properties49

Lots & Acreage in Dane County, WI

Current Dane County Real Estate Market Trends

# New Lots/Acreage Listed in December24
Total # Land Listings on the Market1,098
Average Days on Market for Active Lots616
Average List Price of Land For Sale$241,878
Data from MLS 1/2023

December Dane County Real Estate Sales

# Lots & Acreage Sold29
Average Sold Price$278,572
Sale Price / List Price Ratio92%
Average Days on Market for Sold Land482

Business Real Estate in Dane County, WI

Current Dane County Real Estate Market Trends

# New Business/Commercial Listed in December11
Total # Commercial Properties on the Market105
Average Days on Market for Commercial Properties264
Average List Price of Business Properties For Sale$675,038
Data from MLS 1/2023

December Dane County Real Estate Sales

# Business Properties Sold18
Average Sold Price$816,863
Sale Price / List Price Ratio81%
Average Days on Market for Sold Business Properties210

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