April 2023 Market Update

By: D. Michael Burke & Hunter D. Habib

 

Spring is here, and it’s an exciting time to sell your home in SWFL! While some buyers may express concerns about the market, experienced brokers and real estate agents know that predicting the future is impossible. In fact, there are some exciting trends happening in the SWFL housing market that point towards a positive outlook.

One of the most compelling trends is the continued demand for homes, which is outpacing the available inventory for sale. As of January 2023, there were less than 6,000 homes for sale in Lee County and fewer than 4,000 for sale in Collier County. This shortage of inventory has helped to maintain housing prices despite some slowdowns in buying.

In contrast to pre-pandemic levels, the average closed sale price in both counties is now well above those levels. This means that if you’re considering selling your home this spring, you can likely expect to receive a great return on your investment.

At this time, we’re actively seeking new listings, and we’d be thrilled to help you sell your home quickly and easily. If you’re curious about what your home might be worth in today’s market, we invite you to click here for a no-pressure, no-obligation home value estimate. Spring is the perfect time to sell your home, and we’re excited to help you take advantage of this vibrant and dynamic market.

Our experienced team of professionals is here to help you achieve your residential real estate goals. Whether buying or selling, our tools are PROVEN to help you get the most from your transaction!

 

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