West Michigan’s Real Estate Market: How to Sell Your Home Fast

Putting your home on the market in West Michigan can be hard enough, but needing to sell your house fast can make the process a lot more stressful. Luckily, there are some things you can do to ensure your house sells faster and without stress.

What Is West Michigan’s Real Estate Market Like Currently?

West Michigan’s real estate market is currently a seller’s market. In December 2022, home prices were up 1.1% compared to the year before and the median price was around $262,000. 

But despite being a seller’s market, the number of homes for sale in 2022 was 209 which was significantly lower than in 2021 when it was 318.

Additionally, it’s predicted that West Michigan home prices will continue to go up for at least the first half of 2023.

For more stats on West Michigan’s current real estate market, click here.

How Fast Do West Michigan Homes Typically Sell?

How long it takes for a home to sell in West Michigan can depend on a variety of factors, but the average in 2022 was around 60-70 days. That timespan goes from the listing through the end of closing. This long timespan is one of the many problems you could face selling your home traditionally on the market.

How Can You Speed Up That Process and Sell Your Home Fast?

If you’d like to speed up the selling process and sell your house in less than 70 days, there are a few tips and tricks you can use to move it along a little quicker. 

Lower Your Listing Price

One way you could sell your house quickly is to price your home competitively. By lowering your listing price, you’ll likely attract more buyers who are ready to jump on a good deal. 

However, you — like many other homeowners — may not want to resort to this option. You may have put a lot of work into updating your home, paying realtor fees, and more, and lowering the price wouldn’t do you any good. 

Sell As-Is

Selling your house as-is means that a buyer gets the property exactly how it is. You don’t have to make any repairs or add any upgrades. The buyer gets exactly what they see. This can often shorten how long it takes to sell a house because there is no back and forth or negotiating on home conditions or repairs.

There is also likely a specific buyer who is looking for homes that are selling as-is. People looking for fixer-uppers or homes they can flip will often buy homes as-is. By selling as-is, you may not have to sift through as many potential buyers, so you can sell your home much more quickly.

Real estate investors like Hometown Development buy homes in West Michigan for cash from homeowners who need to sell their homes quickly or need to sell a home that is difficult to sell for some reason — sometimes in as little as 5 days! This could mean houses facing foreclosures, someone going through a divorce, or a house with water damage. 

Regardless of your situation, if you really need to sell your home as fast as possible, we’d love to hear from you and help you.