Updated February 17, 2020
- In 2020, the average time it takes to sell a home in Connecticut — from listing through closing — is approximately 109 days. That’s 74 days to get an offer, plus the typical 35-day closing period.
- Key factors that impact Connecticut home sale timelines include local market conditions (e.g., buyer demand, job market, rising home values, etc.), time of year, and your property’s type and condition.
- Your agent’s listing strategy (pricing, marketing, networking, etc.) and the buyer’s financing situation — i.e., the amount of time it takes for them to secure loan approval — will also influence how long your sale ultimately takes.
Read on to learn more about how long it takes to sell a house in Connecticut — and get some pro tips on how to speed up your sale, get better offers, and save thousands in the process.
What’s the average time to sell a house in Connecticut?
|Average Time to Sell*||Average Price**|
*Redfin Data Center (average of median days on market in 2019)
**Redfin Data Center (average of median price in 2019)
The average time it takes to sell a house in Connecticut in 2020 is 109 days — 74 days to get an offer and an additional 35 days to close. This is approximately 36.25% slower than the national average. Keep in mind that these are annual averages and the numbers will vary by month and/or season.
Best time to sell a house in Connecticut
In addition to the average days on market and list price data, we’ve compiled data on the BEST (and worst) time to sell your Connecticut house based on what’s most important to you:
- Fastest Time to Sell: When should you list your home if you’re looking to sell quickly?
- Highest Sale Price: What month should you list in to get the best possible price for your home?
Best month to sell a house fast in Connecticut
|Month*||Days on Market*|
|Best Month||June||60 days|
|Worst Month||January||90 days|
*Redfin Data Center (median days on market by month in 2019)
The best month to sell a house fast in Connecticut is June. The median time it takes for Connecticut homes listed in June to get an offer is 60 days, which is 14 days faster than the annual average.
Best month to sell a house in Connecticut for price
*Redfin Data Center (median sale price by month in 2019)
The best month to sell a house in Connecticut in terms of sale price is June. The median sale price in June is $288,000, which is 10.80% — or $28,083 — more than the annual average.
5 tips to get your Connecticut home sold
1. Price your home right
One trick that agents sometimes use is to underprice your home slightly. Not enough to make people wonder what’s wrong with it, but just enough to attract buyers looking for a good deal.
If you can get a few interested buyers, you might even see the price go up as they compete with each other for a home that has suddenly become desirable because several people want it.
2. Stage it
Staging your home is important at any time, but more so in a slow market. You want to remove any barriers to buyers seeing your home as their own. Your pictures on the wall or your favorite old beat up recliner make that a little more difficult.
3. Know your audience
Take some time to research what other comparable homes are selling for and to whom. Getting to know the type of buyers that are coming to the area is helpful as you can market your home to appeal to their taste/needs.
For example, if you see that young families are buying up your neighbor’s homes, showcase the great schools or that fun park that’s just up the street. Singles/young professionals might be more interested in amenities/fun things to do in the area.
Be creative and don’t forget to promote the location and activities/amenities available outside your home. Your home isn’t an island, people want to know what life will be like for them if they purchase your home.
4. Make smart repairs
It’s just a fact of life that homes deteriorate. No home, not even a brand new one, will ever pass an inspection with flying colors.
In a seller’s market you might be able to get away with not making the necessary repairs. But when the market is slow like it is in Connecticut, buyers will simply move on to purchase a home that doesn’t require repairs or extra effort to fix it up after the sale.
You might not have wanted to make that investment, but if you want to sell your house quickly you’ll have to bite the bullet and do it.
5. Use a professional photographer
The Internet makes it easy for buyers to shop for a home from their couch. The number one thing they’re looking at to decide if they want to tour a home are the pictures.
iPhone photos with bad lighting won’t cut it. If you want to stand out among the sea of homes in the high inventory market in Connecticut, you need to have professional photos taken of your home. It will cost you a few hundred dollars, but it is money well spent.
Next steps for Connecticut home sellers
If you’re looking to sell your home fast in Connecticut and get a great price, Clever can help.
Clever negotiates reduced rates with top-rated real estate agents throughout Connecticut. Get full service and support for a flat $3,000 listing fee — or just 1% if your home sells for more than $350,000. You’ll still have to offer a buyer’s agent commission, per the standard rate in your area (typically 2.5-3%), but overall, you’ll still save up to 50% on standard commission fees.
Importantly, home sellers who list with Clever get their first qualified offer in an average of 13 days* — that’s 61 days faster than the average time to offer in Connecticut.
*Average time to offer for Clever home sellers in 2019.