Wednesday, October 14, 2009

Dane County by the Numbers to Date

A quick search of the Realtors Association of South Central WI Multiple Listing Service produced the following numbers about the sales of homes in Dane County from January 1, 2009:

3339 Single Family (non-condominium) Homes Sold
     75 Were entered into the system as Short Sales
   115 Were entered into the system as REO

964 Condominium Style Ownership Properties Sold
    7 Were entered as Short Sales
  41 Were entered as REO

The MLS is not reporting the non-equity sales as part of the monthly report and that could be because they may not feel confident that the data collected is an accurate representation. Short Sale and REO have to be checked at the time the property is entered into the system or at least by the time the data is pulled for end of the month compilation. While accurate reporting of data is required for participation in the MLS, it is possible that members may be overlooking the relevance of this information and not taking precautions to make the necessary change to the info already in the system.

0 comments:

Post a Comment