Is it a good time to sell your home? Right now in Southwest Florida it is a great time to sell your home, here is why…
- Currently there are no pending environmental threats such as an incoming hurricane or oil washing up on the beach, driving potential buyers away.
- Mortgage Rates are still at an all-time historic low, making the pool of potential buyers larger
- Inventory is still relatively low, and less competition means less time on market and more money in your pocket.
- Home values are up 125% over the last 5 years.
But proceed with caution! We are in the middle of a market shift with all the traditional tell tale signs. For starters the last 3 months in a row the number of listings under contract has decreased. Even more interestingly, there have been nearly 1,400 price reductions in the last 7 days, which is abnormally high. Lastly, the average number of days a home is on the market is on the rise. None of these statistics warrant a panic, but they are essential to know when deciding to sell your home. The Mike Z Team are Real Estate Experts in Southwest Florida and we know how to get homes sold in a shifting market. It takes a specific strategy and our experience will be put to work for you. Give us a call today at 239-325-6490 or check out below what went under contract in Pelican Bay in February 2016:
6600 Ridgewood Dr, Naples: 4+Den, 4 Full Baths,1 Half Bath, 4,625 Sqft, 3 Car Garage, Asking $4,200,000, under contract in 8 days
6621 George Washington Way, Naples: 4+Den, 4 Full Bath, 2 Half Bath, 5,341 Sqft, 2 Car Garage, Asking $2,994,000, under contract in 42 days
6954 Greentree Dr, Naples: 4+Den, 4 Full Bath, 1 Half Bath, 3,704 Sqft, 3 Car Garage, Asking $2,395,000, under contract in 91 days
6990 Greentree Dr, Naples: 3+Den, 4 Bath, 3,193 Sqft, 3 Car Garage, Asking $2,350,000, under contract in 6 days
6998 Greentree Dr, Naples: 4 Bed, 3 Full Bath, 1 Half Bath, 3,071 Sqft, 2 Car Garage, Asking $2,195,000, under contract in 138 Days
5948 Chanteclair Dr, Naples: 4+Den, 3 Full Bath, 1 Half Bath, 4,795 Sqft, 2 Car Garage, Asking $1,650,000, under contract in 7 days
727 Bottonbush Ln, Naples: 4+Den, 3 Bath, 3,976 Sqft, 2 Car Garage, Asking $1,550,000, under contract in 363 days
716 Shadow Lake Ln, Naples: 4 Bed, 3 Bath, 2,895 Sqft, 2 Car Garage, Asking $1,465,000, under contract in 0 days
The most important factor to consider when selling your home is choosing the right agent for the job. Make sure your agent has their ear to the heartbeat of the market, as it is always changing. There are many strategies for selling a home and choosing the right one can make all the difference in the world. For more information on Pelican Bay or similar Naples Communities contact The Mike Z Team today at 239-325-6490 or firstname.lastname@example.org