Average Time to Sell a House in Wisconsin

Home Selling

Average Time to Sell a House in Wisconsin

May 07, 2019 | by Andrew Schmeerbauch

At A Glance

Selling your Wisconsin home? If so, you know there’s a lot to do to get ready. You’re probably also looking to sell your home quickly and minimize your wait. Here’s what you need to know about the average time to sell a house in Wisconsin and what you can do to speed up the process!

Average Time to Sell a House in Wisconsin

Ready to sell your Wisconsin home? Whether you’re moving for work, downsizing, or even getting a larger home so that you can have more room for your family, selling a home can feel overwhelming.

There’s a lot to do and a lot to get ready. Most importantly, you need to know approximately how long it will take. Knowing the time frame makes it possible to make other plans and work around your home sale.

The number of buyers looking for homes, the condition of your house, proper pricing, and how your home compares to others on the market can all impact how fast the property sells. To get the best results selling your home quickly for a great price, it pays to work with a low-cost experienced listing agent.

How Long Does it Take to Sell a Home in Wisconsin?

According to Redfin, the best season to list a home in Wisconsin is summer. It will take you an average of 57 days to get an offer, plus 30–40 days to close. That means you’ll have 87–97 days total, or around three months.

If you list in the fall, you’ll have an average of 62 days to an accepted offer, while winter is 85 and spring is 72. The reason spring isn’t as favorable as you might expect is that it takes Wisconsin quite a while to warm up from winter. The spring weather that far north isn’t as nice as it is in other parts of the country.

The Wisconsin market is extremely hot, with buyers having a hard time finding homes in most areas. The only reason the market slowed down last winter was that there simply weren’t homes available. This means prices are up and homes have a lot of interest.

What’s the Fastest Month to Sell a Home in Wisconsin?

You know you should focus on summer, but what month exactly? Redfin’s data shows that listing in July will get you the fastest accepted offer, in an average of 55 days (7.8 weeks). August and September both have an average of 58 and June has an average time on the market of 59 days.

When you add 4–6 more weeks for closing, you have a total sale time in Wisconsin averaging 85–95 days in July. If you list in July, you can close and be finished an average of 12–13 weeks later.

What’s the worst time? If you list in February you can expect a whopping 98 days to simply get an accepted offer! Then you need to add four to six weeks more to close. As a result, listing in February could mean you don’t close until five months later, in September.

What’s the Most Profitable Month to Sell a Home in Wisconsin?

Now you know which season and month to focus on if you want to get to an accepted offer quickly, but what about getting the best price?

Working with an experienced listing agent can help you find the sweet spot between moving quickly and getting a great price. Proper pricing and the hot seller’s market will make a big difference for you.

Redfin’s research shows that homes sell for the highest median price in summer, with fall coming in second place. You can get a median price of $199,000 in the summer and $189,000 in the fall. Spring is pretty close as well, with a median price of $184,333. Those selling in winter only get a median price of $177,000.

Obviously choosing the right time to sell makes a big difference! What month, specifically, should you aim for? The data shows the highest median price is in June when sellers get around $203,000. July is second with a median of 199,000.

As you might guess, February is the worst with a median sale price of $171,000. January is second-worst, gaining sellers a median price of only $175,000.

Five Things You Can Do to Sell Your Wisconsin Home Faster (and for More)

How can you help your Wisconsin home sell quickly? There are several things! Just be sure you avoid the “we buy for cash” companies — they will make a handsome profit at your expense. Instead, work with an experienced realtor and keep the profits in your own pocket.

1. Make Sure Your Key Systems Are in Great Shape

Wisconsin is known for short, beautiful summers and long cold winters. If you want your home to sell quickly, be sure that the major home systems are in great shape. A buyer will be far more interested in a home with a recently inspected HVAC and plumbing, along with a home that’s well-insulated.

Having someone look over the major systems can also give you peace of mind that nothing will fall apart before you move!

2. Stage Your Home for Sale

Professional staging can be the difference between getting a great offer quickly and languishing on the market. You probably have a lot in your home that makes it “yours.” As you get ready to move, it’s time to remove those things so someone else can see themselves living there. Staging sets your home up to show off its best features while making it easy for a buyer to imagine it being theirs.

3. Price Your Home Appropriately

If you price your home too high, you know that you’ll drive off buyers and struggle to sell. But did you know the same thing will happen if you price too low? It signals to potential buyers that there’s something wrong with the home and many stay away. At the same time, it draws in bargain hunters who see the opportunity to negotiate and get an even lower price.

Pricing your home at the right level for the features and neighborhood is the only way to win! That’s why an experienced listing agent is so important.

4. Invest in the Right Improvements

Doing improvements is a great way to add value to your home and to help it sell more quickly. However, you can drive yourself crazy trying to make everything perfect. Instead, focus on the improvements that make the biggest difference.

Putting insulation in the attic is one of the best returns on an upgrade you can get. You’ll recoup over 100% of the cost in the increased value of the home. It’s especially important in Wisconsin, where the weather can get severe.

You’ll also want to consider landscaping to boost curb appeal, fresh paint where needed, and updates that increase energy efficiency.

5. Remove Evidence of Pets

Yes, you’ve loved having your pet cat, dog, parrot, or other animal share your home with you. However, potential buyers may not see this in the same light. Be sure to house your pet with a friend or family member during the sales process, and make sure there are not dropping in the yard, litter boxes around the house, or other evidence of your pet in the home.

Remember, at this stage, you are helping others see themselves in the house rather than making it your own.

How to Sell Your Wisconsin Home Quickly and For Top Dollar!

It’s natural once you decide to sell your home to want the process to go fast. It’s also perfectly fine to maximize your own profit! You can do both by working with a Clever Partner Agent for your listing.

You’ll get a top-rated local agent that will provide you a full-service experience at a fraction of the usual listing cost. In fact, the listing fee will be a flat $3,000 or 1% if the home sells for over $350,000. Compared to the usual listing fee of 3%, that’s huge savings!

Even better, Clever Partner Agents are able to sell homes quickly. The average Partner Agent sale in the last year had an accepted offer in only 12 days, for a total sales timeline of 42 to 52 days. Compare that to the average in Wisconsin overall of almost 90 days in the summer, and you’ll see why a Clever Partner Agent is a great deal!

If you’re ready to sell your Wisconsin home, contact Clever today. We’ll connect you to a high-quality local realtor who can sell your home quickly and for top dollar.

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