If you’re trying to sell a house in Wisconsin, do you know the best time of the year to do so? It might seem obvious or you might be aware of general wisdom about the best time of year to sell a house in Wisconsin, but when it comes to deciding when the best time is to sell your Wisconsin home, the specific season, month, week, and even day you decide to sell can have a major impact on how much you’re able to make. And when it comes to selling your house, you don’t want to leave too much to chance.
Choosing the wrong time to sell your house on the Wisconsin housing market can have a huge impact on your bottom line. The best way to avoid the hassle and headaches of trying to find the perfect time is to sell your house fast to a cash buyer like Cream City Home Buyers instead. Regardless of the time of year, we’ll make you a fair cash offer within days and can buy your Wisconsin home within weeks. That’s a much surer thing than trying to figure out the best time to list your house.
However, if you want to try selling your Wisconsin house on the market, it’s important to consider all of the factors that go into choosing the best time. And please consider checking out all our tips for first-time home sellers. But let’s take a closer looking at the best time to sell a home in Wisconsin.
An Overview of the Wisconsin Real Estate Market
It’s an exciting time for sellers when it comes to the state of the Wisconsin real estate market. According to April 2021 article in the Milwaukee Journal Sentinel, Wisconsin’s housing market is seeing big increases in offers and final sale prices, as well as experiencing a big dip in the number of days that a home remains on the market. That’s making it easier for many sellers to find buyers for their houses.
Of course, a lot of that is based on the notion that houses are in ideal condition and don’t come loaded with conditions, which could be the case for you. If you have a house in disrepair or that a hoarder has lived in, for instance, that is always going to be a hard sell on the housing market no matter what. The same goes for any financial issues such as a tax lien, bankruptcy, or foreclosure problems. And if you’re needing to sell your Wisconsin house fast, a hot market still might be moving fast enough for you, especially if you need to sell ASAP because of a relocation, divorce, or other life change.
That’s why it’s always a good idea to consider reaching out to a real estate investor like Cream City Home Buyers to see if they can offer you a better solution than market buyers. When time is of the essence or you just want to get cash for your house regardless of its current condition, that’s where cash buyers can come in handy. You’ll avoid paying costly real estate agent commissions and you’ll get a fair cash offer on your Wisconsin house.
The Best Time of the Year to Sell Your House
If you are going to try to sell your Wisconsin house on the housing market, you should consider the time of year that you do so because it can have a major effect on how long the house remains on the market and how much you’re able to get for the house. Different times of the year mean that different market buyers are out there, not to mention that a buyer’s intention could be different in December than it is in August.
While specifics vary market by market, the general consensus is that the best time of year to sell a house is between May, June, and July. Specifically, June is considered the most ideal month to sell a house because, on average, a seller will get the highest sale price during that time based on data analysis. It’s a generally good rule of thumb that homes listed in the spring and early summer will, on average, sell for more than homes listed at other times of the year. Of course, this doesn’t factor in problem houses and homes in disrepair that would have a hard time selling on the market no matter what.
Some of the reasons that spring and early summer are the best time of the year to sell your Wisconsin house are somewhat obvious. More people are out and about during warmer weather, and more likely to want to do open houses and visit places. Families can use the summer as the ideal time to move into a new house before the school season starts again. And there’s something about springtime and renewal that leads many people to consider it as a time of change.
The Worst Time of the Year to Sell Your House
While you could make the case that it’s possible to sell a house any time of year, especially if you decide to sell your Wisconsin house to a cash buyer like Cream City Home Buyers, there is a time of year that is harder when trying to sell on the housing market.
Again, using data as our guide, it is commonly understood that the worst time of the year to sell your house is in the middle of winter. According to the numbers, homes that list in the winter months see a significant dip in average premium when it comes to the final sale price and eventual profits. In a place like Wisconsin where winters can be snowy, windy, and cold, you can imagine that fewer buyers are willing to get out and look at new places when they could just stay home and wait for the weather to warm up.
If you absolutely need to sell your Wisconsin house in the winter, it’s definitely worth reaching out to Cream City Home Buyers. We buy houses any time of year and in any condition. And we have no problem coming out to take a look even if there’s snow on the ground or the temperature is low. We’ll still make you a fair cash offer based on your home’s value and potential.
Best Month of the Year to Sell Your House
Depending on who you ask, the best month of the year to sell your house may vary. But you can be pretty sure about the specific timeframe in which that month is going to be. June is routinely considered the best month to sell because of the spring weather, the end of the school year, and the fact that people are looking ahead to the future around then.
But if you ask Zillow, they might tell you that listing in May is more ideal. Their numbers tell them that market buyers are starting earlier and earlier, hoping to get a jump on their competition. Regardless of when you list, they warn that you definitely want to list before September, because after that, school is back in session and the weather is going to cool down, both of which means way fewer market buyers in your area.
Worst Month of the Year to Sell Your House
While it’s fairly obvious that winter is consistently the worst time of year to sell your house, it’s worth asking what is the worst month of the year to sell your house as well.
December and January stand out as the worst months, especially here in Wisconsin. When the weather is bad, the streets are covered in snow, and the temperatures are freezing, few market buyers want to trek outside to come to take a look at your house, regardless of how nice it is. Zillow says that, on average, 23 percent fewer homes are sold in the wintertime than in the spring. That’s a sizable number worth considering.
According to ATTOM, December is the worst month of the year to sell on the market because there’s a lack of movement on both sides between buyers and sellers.
Should You Sell Your House in the Winter?
While it sounds like selling your house in winter doesn’t bode well, that doesn’t necessarily mean you should write it off altogether. While the average numbers might be significantly lower than other times of the year, there are opportunities for homes in good condition, and you might catch lightning in a bottle as well.
However, if you absolutely need to sell in the winter and need to sell your house fast, that’s where Cream City Home Buyers can always help you out. We buy homes in Wisconsin all year long and we’re happy to buy your house in the winter. We’ll make you a fair offer that isn’t based on the current winter weather outside. And we can move fast, closing the sale within a matter of days if you want. It’s entirely up to you how fast the process moves. If you need to sell my house fast in Brookfield or elsewhere in Wisconsin, we can help.
When it comes to figuring out the best time to sell a house in Wisconsin, you can use the data or best practices to guide your decision. Ultimately, it’s up to you to determine what the best course is for your family and your house. And if you need to sell fast, regardless of the time of year, Cream City Home Buyers can help you. We’re cash home buyers in Milwaukee ready to work with you today!