Home Selling in 53711>Question Details

Linda, Home Seller in Madison, WI

How long is it taking for homes to sell in today's market (June 2013)?

Asked by Linda, Madison, WI Mon Jun 17, 2013

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3
Good question.....Luckily the market has been improving!
Wisconsin home sales rose an impressive 11.4 percent in the first six months of 2013 compared to last year, according to recent statistics compiled by the Wisconsin REALTORS® Association (WRA). In June alone, Wisconsin home sales were up 3.1 percent relative to last June, posting the 24th straight month of positive sales growth in the state. Median prices also continued to increase year-to-date, rising 7.7 percent to $140,000 compared to the first half of 2012. In June, prices were up 12.3 percent to $159,500 compared to June 2012.

As far as how long it takes, it will depend on how well it's priced, the condition, the location, etc
I just listed a home for $400K, had an open house.....75 people came through, 2 offers the next day and still are getting calls on it....The sellers are delighted!

I'd be happy to come out and talk about your home if you are considering selling!
0 votes Thank Flag Link Tue Sep 24, 2013
Last closing 30 days after acceptance -on market 1 week - preparing to sell 3 weeks. How soon do you want to take?
0 votes Thank Flag Link Mon Jun 17, 2013
Hi Linda,
The best answer I can give is, "It depends". Homes that are priced correctly are going quickly and sometimes in less than a week. On the other hand, homes that aren't priced well in relation to other active comparables can be found sitting for a few months at a time.

If you are willing and able to price your home at the front of the pack while preparing your home to sell quickly you should be able to put yourself into a great position to do so.

Good luck!
0 votes Thank Flag Link Mon Jun 17, 2013
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