In this competitive market for home sellers, it is important to stage your home well to sell. I find that the list below from Florida Realtors works well for small to medium size homes.
In February, Sarasota County saw more than double the number of new listings compared to closed home sales. Inventory levels continue to grow as we approach the tail end of our busy season. While pending sales exceeded closed sales in February, they were not enough to curb the expected increase in inventory. I anticipate that Sarasota County will experience a buyer’s market for the next few months. However, just because buyers have more leverage doesn’t mean they have all the control. Sellers should focus on positioning their homes strategically in the market to achieve the best results. The infographic below from Florida Realtors offers more detailed information.
Inventory for single-family homes crossed the six-month threshold in February. In other words, at the current pace of sales, it will take over six months to run out of homes to buy if no new listings appear. Many experts believe that is when a market officially turns into a buyer’s market.
As we are approaching the end of our busy season, it sure feels like buyer leverage is increasing in Manatee. That said, leverage for buyers is greater at the higher end of the market than the lower end. I continue to recommend that sellers put their best foot forward to help ensure they get the outcome they desire because it is not as easy to sell your home as it was a year ago. The infographic below from Florida Realtors offers more detailed information.
Thinking about selling your home? Take the time to pick the right real estate agent for you. Florida Realtors has put together the infographic below to help.
