Here is a look at the real estate market activity in Waunakee since June 1st, 2007.
What is the holding inventory or absorption rate in Waunakee? How long would it take to sell a home?
How we calculate that data is:
- 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 Waunakee is 12.3 a month.
- 37 total sales since June 1st.
There are 119 current active listings for sale in Waunakee. If we said no more listings are allowed to come on the market, with an average of 12.3 selling a month, it would take 9.6 months to absorb the existing inventory.
This would make the Waunakee real estate market a balanced market.
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Filed under: Market stats, Waunakee real estate, real estate, real estate trends
