Special offer

Home Sellers Get Ready; Market is Hot, &about to get Hotter in Wisconsin!

By
Real Estate Agent with Woodland Management Service / Woodland Real Estate, KW Diversified #1 in Forest Land Mgmt

Home Sellers Get Ready;  The Market is Hot, and about to get much Hotter in Central Wisconsin!

It has been an aggressive year with far more buyers than sellers.

Wonderful news for anyone who has been thinking of selling, with prices going up and days on the market getting shorter.

Though this trend is likely to reverse by the end of the year, the next few months are about to get even hotter.

If you or someone you know has been considering making a move, this is your golden opportunity.

Give me a call, Right Away!

Bob

 

Stevens Point Home Market Trends

See what KCM and ATTOM have to say about this trend…

 

According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of 5.9% above estimated market value for your home.

For the study, ATTOM performed an “analysis of 14.7 million home sales from 2011 to 2017” and found the average seller premium achieved for each month of the year. Below is a breakdown by month:

 

ATTOM even went a step further and broke their results down by day.

Top 5 Days to Sell:

  • June 28th – 9.1% above market
  • February 15th – 9.0% above market
  • May 31st – 8.3% above market
  • May 29th – 8.2% above market
  • June 21st – 8.1% above market

It should come as no surprise that May and June dominate as the top months to sell and that 4 of the top 5 days to sell fall in those two months. The second quarter of the year (April, May, June) is referred to as the Spring Buyers Season, when competition is fierce to find a dream home, which often leads to bidding wars.

One caveat to mention though, is that when broken down by metro, ATTOM noticed that while warmer climates share in the overall trend, it turns out that they have different top months for sales. The best month to get the highest price in Miami, FL, for instance, was January, and Phoenix, AZ came in with November leading the charge.

If you’re thinking of selling your home this year, the time to list is NOW! According to the National Association of Realtors, homes sold in an average of just 30 days last month! If you list now, you’ll have a really good chance to sell in May or June, setting yourself up for getting the best price!

Bottom Line

Contact a local real estate professional who can show you the market conditions in your area and get the most exposure to the buyers who are ready and willing to buy!

 

 

Now is the Time!

Give me a call and put our team of professionals to work getting your home Sold Quickly and for Top Dollar during this Golden Opportunity!

 

Comments (5)

William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Snow is gone and buyers are coming out of the woodwork

May 02, 2018 08:16 AM
Deepak Chauhan Asso-Broker, MLO
Versailles Property - Irvine, CA
Your Solution-Oriented Realtor

Buyers are more confused in Orange County CA more than ever. Many in my area are now hallucinating the market is ready to collapse.

May 02, 2018 08:21 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Bob Crane - This is great info to motivate sellers to get it done now! 

May 02, 2018 10:23 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Perfect timing to demonstrate that NOW is the time to buy! Great information for those thinking of selling, Bob!

May 02, 2018 09:12 PM
The Woodland Companies of Alaska
Woodland Management Service - Wasilla, AK
Alaska Forest Land Experts!

Thanks for the update on this community, all the best to you as you get many of these properties listed and sold.

 

May 15, 2019 07:21 PM