Google Trends says home sales may be on the rise

Data enthusiast Andy Lewis from the UW Extension Center for Community and Economic Development recently shared this graph from Google Trends. This is the graph you get when you go to Google Trends and enter the search term "homes for sale in Madison".

More Google users are entering this search term than at the same time last year. If there is a correlation between internet search patterns and buyer activity, then we may see rising home sales in the near future.

We believe there is some truth to this, as we're seeing a ton of activity in the starter home category. But we don't see any evidence right now that sales for homes priced at $400,000 and up are on the rise. We'll share our data on sales by price category as we progress through the year.

Dan Miller, Keller Williams Realty and DaneCountyMarket.com