If your home does not have an offer after 30 days then it’s perceived value is out-of-snyc with buyers. Buyers have soooooo much information at their disposal and are counselled by some savvy agents. Your home should be a pending sale by day 60. This could happen to you. A real Comparative Analysis done by an agent who is a seller ( as opposed one trying to getting as many listings as possible ), will get the price right and generate offers. Your house has intrinsic value to you that is NOT relevant to the marketplace. It is just a building with some features for someone else to adopt to their lifestyle.
DON’T THE OWNER WHOSE HOUSE IS LISTED WITH DAYS -ON-MARKET ABOVE 100 OR 200!
Come to 3822 Recreation Lane in Fabulous Forest Park
The Great Family Community!
Call Dennis Fogarty for a private viewing, 239 530 8556
The latest real estate market report indicates a very strong market. For the 4th month in a row sales are up and prices are climbing. Most encouraging is that the inventory level is the same as 2016. Nicely poised for season all aspects of the market are good; single family, condos, all price points.
|CATEGORIES||AUGUST 2016||AUGUST 2017||CHANGE|
|Total homes pending||734||829||13%|
|Total closed sales||654||685||5%|
|Median closed price||$320,000||$328,000||2%|
|Median closed price above $300k||$485,000||$510,000||5%|
|Total active listings||4,787||4,807||0%|
Hurricane Irma has come and gone. Trees are blooming and people are going out again. 5th Avenue is alive. As an indication of the next few months, sales and prices were strong after Wilma.
Get with your realtor and get the property you want.
1. The end of last year and the beginning of this year were awful if you had your home listed for sale.
2. Prices were too high and inventory backed up.
3. In the first half of 2017 prices regulated and the inventory bubble shrank to normal levels.
4. NOW THE MARKET IS BALANCED.
5. The market is showing definite signs of accelerating.
A. Pending sales are up 6%, 44% in homes between $500k and $1 million.
B. Closed sales are up 9%.
C. Prices are up 6%.
Get with an agent and get your home priced and listed. You want to be ready for the Fall buyers hoping to be in their new home or condo by January 2018.
A great couple with 3 kids just bought this big, big 5 BR home in Marbella Lakes. They will have fun here for many years.