What is the ideal time to get your house on the market?
The answer is different for everyone. It might be your individual needs. If you need to be in Albuquerque in a month, that answer will always be as soon as possible. If you could perfectly time it in our market, most accepted offers happened in the month of April.
We currently have an extremely low supply of available houses that don’t already have accepted offers. In Dane County, we have 409 active homes, single-family homes, and condos for sale. In Madison, we have 90 without an accepted offer. In a balanced market, you have about six months’ supply of homes and condos for sale, where the market doesn’t advantage sellers and doesn’t advantage buyers. In Dane County, we have 21 days of supply, and in Madison, it’s about ten days of supply of available homes based on the last 12 months of sales. The market is moving extremely quickly. It’s a super advantage to the sellers.
” MOST ACCEPTED OFFERS HAPPEN IN APRIL.”
Knowing that most accepted offers occur in April, the best time to get your house on the market is in March. Everyone’s situation is different. If you’re thinking about selling your house, even just considering it, reach out to me. I’ll share what we do to market your house, give you an evaluation of your home, and then share what we do to prep your house. Give me a call or send an email if you have any questions or if you’re thinking of selling. My number is (608) 212-5743.
You can also get a free home evaluation if you're curious about your home's value in today's market.Posted by Shawn Kriewaldt on