Madison home sellers, here’s why your sense of urgency should by high.

We are just getting started with the summer, but for this year’s real estate market we are already well into the second half of buying season. This graph paints a good picture of how buyer activity changes from month-to-month. As the graph shows, the number of accepted offers decreases in July – well below the levels from the peak months of March, April, May and June.

Homes Accepted Offers by Month

Homes Accepted Offers by Month

 

(A note for sellers: Now is the time to ensure your pricing and your marketing are on the mark. The month of July sill offers a good window of opportunity with a large supply of buyers, but that window will be closing fast.)

The good news for sellers is many July buyers do have a sense of urgency. A large percentage of the buyers in July will need to close by the end of the summer, as this graphic makes clear.

Homes Time to Closing by Month

Homes Time to Closing by Month

 

You can read our full article on how our market changes from month-to-month on the seller tools page at DaneCountyMarket.com.

Brought to you buy the DaneCountyMarket.com real estate team at Keller Williams Realty, Madison, WI

 

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About Dan Miller, RE/MAX Preferred

Madison WI real estate agent with RE/MAX Preferred and the Mad City Dream Homes real estate team. Visit me at MadCityDreamHomes.com.
This entry was posted in Real estate trends, Sell your Madison home for top dollar, Sell your Madison home quickly, Selling real estate and tagged , , , , . Bookmark the permalink.

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