Monthly Trend - Dane County Housing Starts
Dane County housing starts moved from 40 in February of 2012 to 66 in February of 2013 - an increase of 65%.
The graph below shows the number of monthly Dane County housing starts dating back to January, 2005. Each green data point represents an increase from the same month of the prior year. Each red data point represents a decrease. As the graph shows, Dane County housing starts are trending higher, increasing each of the last 12 months.
Housing starts this month were the highest for any February in the last 6 years. We believe housing starts will continue to rise this year, based on trends in the larger market. Locally, we are seeing a noticeable increase in the number of people who are opting to build.
The graph below shows the number of Dane County housing starts for every February dating back to 1999.
Year-to-Date Trend - Dane County Housing Starts
Dane County year-to-date housing starts through February moved from 73 in 2012 to 129 in 2013, an increase of 76.7%.
Recent History - Dane County Housing Starts
From the graph below you’ll see there were at least 2,300 housing starts during the five-year period that spanned 2001 to 2005. Housing starts decreased significantly each of the next 3 years, followed by a more moderate decrease in 2009. Housing starts ended the 2012 year at their highest level in the last 5 years, an encouraging development for the Dane County housing market.
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This information is provided courtesy of Dan Miller, Shawn Kriewaldt, Chris Venden, Dasha Shy, and Jodi Shehadi of Keller Williams Realty and DaneCountyMarket.com. For more information, please contact:
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