Housing starts remain 50 percent off the peak

For the last 18 years, new home construction has been occurring at a subdued pace compared to the peak construction years in Dane County. This is just one of several key reasons why we expect inventory to be low and prices to be high in 2024. 

Many thanks to Dominic Collar, who has been generously sharing his housing start data with us for the last 15 years. With Dominic’s help, we’ve been able to stay informed on the evolution of our market and share our insights with you. 

Also this short PSA: If you have real estate goals for the coming year, now is a great time to start planning. Before we know it, the Madison area real estate market will be heating up and we’ll be off to the races. The market will become much more active on the other side of the holidays. 

1619 Monroe Street #1, Madison, WI, 53711