Getting ready to sell your Michigan home? Here’s how long you can expect it to take — and some tips on how to speed things up (and still get a great price).
- In 2021, the average time it takes to sell a home in Michigan — from listing through closing — is approximately 99 days. That’s 64 days to get an offer, plus the typical 35-day closing period.
- Key factors that impact Michigan 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 Michigan and get some pro tips on how to speed up your sale, get better offers, and save thousands in the process.
Editor’s Note: The data in this article may be slightly skewed because of COVID-19’s disruptive effect on 2020 real estate trends. See the table at the end of this article to compare data from 2020 and 2019 and see how drastically trends were affected in your state. |
JUMP TO SECTION
Average Time to Sell* | Average Price* | |
|---|---|---|
National | 99 days | $601,428 |
State | 99 | $340,088 |
The average time it takes to sell a house in Michigan in 2021 is 99 days — 64 days to get an offer and an additional 35 days to close. This is approximately equal to 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 Michigan
In addition to the average days on market and list price data, we’ve compiled data on the BEST (and worst) times to sell your Michigan 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?
» LEARN: the best time to sell in Michigan
Best month to sell a house fast in Michigan
Month* | Days on Market** | |
|---|---|---|
Best Month | October | 50 days |
Worst Month | January | 88 days |
*Based on Realtor.com Data (December, 2020) **Days on market doesn't include the amount of time it typically includes to close (about 35 days) | ||
The best month to sell a house fast in Michigan is October. The median time it takes for Michigan homes listed in October to sell is 50 days, which is 14 days faster than the annual average.
» READ: a comprehensive guide on how to sell your house fast
Best month to sell a house in Michigan for price
Month* | Average Price* | |
|---|---|---|
Best Month | August | $363,874 |
Worst Month | January | $300,925 |
*Based on Realtor.com Data (December, 2020) | ||
The best month to sell a house in Michigan in terms of sale price is August. The median sale price in August is $363,874, which is 6.5% — or $23,786 — more than the annual average.
Tips to get your Michigan home sold
1. Price for the Michigan market
Pricing your house effectively is by far the best way to sell your home faster. Overpriced houses will sit on the market for longer than necessary — regardless of the season.
It is essential to educate yourself on your local market, or better yet work with a professional agent. An experienced real estate agent can accurately assess the value of your home to reflect the market.
2. Make important repairs
If there are features or fixtures in your home that you know will not pass inspection, consider making repairs or replacing them before any potential buyers point them out.
It may be something as minor as repairing a leaky faucet or something significant like replacing your roof. Utilizing the knowledge a professional real estate agent can help you to decide which repairs need doing in order to sell your home.
3. Ensure your home is presentable
The winter months in Michigan can make it difficult to showcase your landscaping or optimize your curb appeal. From inches of snow to fallen leaves, it can be difficult for potential buyers to see the potential of your home.
Tasks such as sweeping the driveway and clearing out the guttering can go a long way in making buyers feel like they won’t need to invest lots of time maintaining the home.
Similarly, it’s crucial the interior of your home is bright and inviting. A fresh coat of paint on the walls or trim can make your home appear inviting and clean to buyers. First impression count so make sure yours is a good one.
4. Make it easy to show your home
In order to attract the most buyers possible, you need to make it easy to show your home. Utilizing a lockbox can make showings easy for other agents and their buyers — especially if they work unconventional hours.
Similarly, ensure that your home is always presentable, this way you won’t be caught off guard by an unexpected showing.
5. Consider holding open houses
Selling your home is effectively a numbers game; the more people who see your home, the higher the chance of selling it quickly.
If you’re comfortable with allowing your agent to hold open houses, it can be a great way to attract buyers. Not all buyers wish to set up appointments, especially if their schedule can change at a moments notice. Open houses allow buyers to drop by and view your home easily and conveniently.
Next steps for Michigan home sellers
If you’re looking to sell your home fast in Michigan and get a great price, Clever can help.
Clever negotiates reduced rates with top-rated real estate agents throughout Michigan. 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.
» LEARN: more about low-commission real estate agents
Importantly, home sellers who list with Clever get their first qualified offer in an average of 13 days* — that’s 51 days faster than the average time to offer in Michigan.
Sell your house fast and save thousands!
Work with a top local agent for a fraction of the typical cost.
2019* | 2020* | |
|---|---|---|
Average Time to Sell in Michigan: | 66 days | 99 days |
National Average: | 80 days | 99 days |
Average Sale Price in Michigan: | $184,417 | $340,088 |
National Average: | $307,750 | $601,428 |
Best Month for Speed: | May, with an average of 20 days on market | October, with an average of 50 days on market |
Best Month for Price: | June, with an average sale price of $196,000 | August, with an average sale price of $363,874 |
*Based on data gathered from Realtor.com and Zillow Data Center | ||