Housing Inventory: Median Days on Market Month-Over-Month in Wisconsin
MEDDAYONMARMMWI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.05
Year-over-Year Change
-253.99%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the median number of days a home is on the market before being sold in Wisconsin, month-over-month. It provides insights into the housing market's supply and demand dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Housing Inventory: Median Days on Market Month-Over-Month in Wisconsin indicator tracks the median number of days a home is listed for sale before being purchased in the state. This metric is closely watched by real estate analysts and policymakers to gauge housing market conditions and consumer demand.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on multiple listing service (MLS) records.
Historical Context
This trend is used to inform housing and economic policy decisions at the state and national level.
Key Facts
- The median days on market reached a peak of 60 days in 2020.
- Days on market have steadily declined since 2021 as housing demand increased.
- Wisconsin's housing market has seen significant price appreciation in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the median number of days a home is listed for sale on the market in Wisconsin before being purchased, on a month-over-month basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the balance of supply and demand in Wisconsin's housing market, which is crucial for real estate investors, policymakers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on multiple listing service (MLS) records from across the state.
Q: How is this trend used in economic policy?
A: This housing market indicator is used by policymakers and economists to monitor conditions and inform decisions related to housing, consumer spending, and broader economic policy.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be a 1-2 month lag in reporting due to the time required to collect and process the information from multiple listing services.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Days on Market Month-Over-Month in Wisconsin (MEDDAYONMARMMWI), retrieved from FRED.