Lack of inventory of Wisconsin real estate for sale? No, that’s not the case, although there is less Wisconsin real estate for sale than in previous years as shown in this post about the Milwaukee real estate market. Is there a lack of well-priced inventory? Perhaps. There have been several offices saying that the NEW inventory is what is moving and getting attention, offers and even multiple offers. Why is that? Those listings getting activity come to the market priced right – they hit the ground running, so to speak. Pricing and condition are under your control, so make your property shine to sell.
"There is a huge difference between a home ‘being on the market’ and a home that is seriously ‘for sale’. We’re not the only ones seeing the uptick in activity for priced-right homes. Check out this post on "There is NO Inventory" from the KCM blog and please talk with your listing agent about what it will take to get your property sold so you can move on with your life. If it is staging, we have some good staging advice available. Have your listing agent research the absorption rates in your area to see how many months it may take for your home to sell based on how many others in your price range (supply) and the current rate of sale (demand).
Thanks for reading the First Weber Wisconsin real estate & Wisconsin living blog about the difference between ‘on the market’ or seriously ‘for sale.’ If you need pricing assistance, please feel free to search for sold property data in Wisconsin at firstweber.com. Note, due to MLS rules, a free my First Weber account is required in order to view sold data for properties outside of the Metro Milwaukee or South Central WI MLS.
photo credit http://www.flickr.com/photos/olp_sanantonio/2583132874/