November home sales third best on record

November sales of single-family homes and condos in Dane County (483) ranks third only behind November 2009 (492) and 2015 (483) according to the South Central Wisconsin MLS.

The monthly median rose again for the 15th time in 16 months to $245,000, up from $231,000 last year (+6%).

The supply of active inventory fell to just 2.15 months. Six months of inventory is considered balanced between sellers and buyers.