October 2020: If you’re wanting to sell, this is the time to sell!
Greetings and salutations! It’s hard to believe we’re entering the final stretch of 2020, but here we are. (It’s also hard to believe that Thanksgiving is right around the corner!)
This month, we’re just going to dive right into it. If you’re thinking about selling your home (or you’ve been putting it off because you haven’t been sure whether it’s the “right time,” this is for you), you should know that now is the time to get off the sidelines.
Why?
It all boils down to supply versus demand. For example, as of Sept. 30, in the markets we serve, we only have 9,462 active homes on the market— 7,007 of which are under contract.
A second number to look at is year-over-hear home sales. Between Jan 1 and Sept. 30, 2020, there have been 26,237 home sales in the region, against 25,542 sold during the same reporting period last year. Yes, that’s right. Despite COVID, there have been 695 more home sales in 2020 compared to 2019.
Since the start of the pandemic, demand for large homes (3-4 bedrooms) has increased significantly. Buyers are looking to work remotely from Southwest Florida or upsize to a bigger home in case of another stay-at-home order occurs. We should also point out that demand remains high, while inventory for resale homes continues to shrink.
The bottom line is this: If you’re thinking of selling your home, now is the time to do it.
If you’re looking to buy or sell a home, our team 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!
$475,000
Active
3441 Manati Ct Cape Coral, Florida
5 Beds 3 Baths 2,863 SqFt 0.203 Acres
$775,000
Active
3971 Otter Bend Cir Fort Myers, Florida
3 Beds 3 Baths 2,321 SqFt 0.232 Acres
$819,500
Active
14546 Speranza Way Bonita Springs, Florida
2 Beds 2 Baths 1,807 SqFt 0.175 Acres
$5,000
Active
14651 Bellino Ter 101 Bonita Springs, Florida
2 Beds 2 Baths 1,523 SqFt 0.132 Acres
- Open House Search! The Paradise Luxury Group now has a website dedicated to showing you all open houses in the Southwest Florida area! No more driving around aimlessly – now you have a plan! Don’t forget to call your Paradise Luxury Group Agent to accompany you on your open house visits! Check out today’s open houses at https://paradiseluxurygroup.com/open-house-search/
- Detailed Market Analysis – Get active, pending, and all sold properties near your home or within your community within the past six months, as well as average sale price and the average days on market and more right HERE!
- New Streamlined Communications System – Our client resources and tools now reside on a dedicated server, making your experience faster and more convenient than ever! No other real estate team in Southwest Florida has the technical tools we have dedicated to serve you!
- Monthly Market Report. Let us present you with the most accurate data about your neighborhood including closed and active home sales. Visit: MarketReportSignUp.com
- Website Online Chat. Chat with our team in real-time to get your questions answered now!
- Elite Seller Feedback System – Take advantage of my sophisticated and exclusive system that provides valuable feedback from your showings via email, so you know what buyers are thinking.
- Interactive Home Illustration – Give buyers what they want to see with professional images and videos of your home!
- Superior Marketing Plan – Our marketing plan is unlike all others in this market! It will maximize exposure and get top dollar for your home.
- Updated Easy-to-read eMail Template – You’ll be able to review our messages and quickly access such as our featured listings, market reports, and quick links to various communities and all of our exclusive market tools!
