Is it time to sell your home in Florida? Maybe you’ve lived in the Sunshine State all your life and want to try something new. Or maybe you bought it as a vacation home and are ready for a new adventure.
Whatever the reason, 2018 is a seller’s market in Florida. That puts you in a pretty good spot, and even increases the likelihood of receiving a cash offer.
When Should You Put It on the Market?
Unlike a lot of other states, the seasons have a lot to do with the housing market in Florida. Florida seasons can really be reduced to two: the hot season, and the not-so-hot season.
The hot season in Florida typically runs from around March to October. It cools off from November to February, making it the perfect time of year for snowbirds who want to escape the snow to head south.
Since vacation homes are typically occupied in the cooler season, the market isn’t as active then. It’s hard to want to sell your home and head back North when it’s below zero up there!
January and February tend to show the biggest lulls in the housing market. Once the sun starts scorching again, snowbirds head home and their empty vacation homes are more likely to hit the market.
What Other Factors Should You Consider?
You should think about the type of property you’re trying to sell.
Are you trying to sell a single-family home? If so, it’s likely that the best time of year for you to list will be right before school starts. This is because your primary pool of buyers will be families with school-age kids.
If you’re trying to sell a condo on the beach or a golf course, the summer is the best time to list. This is because vacationers and new snowbirds will want to set up their winter plans before the cold weather sets in.
If you’re listing an investment property, you should be concerned about one thing: your return on investment. The season doesn’t matter so much for this type of property, so long as you’re listing when the market is in your favor.
Another situation in which the season doesn’t apply as much is if your property is vacant. Carrying costs for vacant properties can add up quick. Unless you can afford it and want to save your place for the winter, list your vacant property as soon as it empties to avoid racking up insurance and maintenance costs.
Ready to Sell Your Home?
Ready to get the ball rolling on selling your Florida home? Look no further.
If you’re in Miami-Dade County, Broward County, or Palm Beach County, we can help! We always put you first, specializing in For Sale by Owner listings, owner financing, and deed in lieu of foreclosure.
We can also help you sell your home with water damage, foundation issues, termite damage, or damage from fire. We know these are tight spots to be in, and want to do everything we can to help get you out of it.
Get in touch today to discuss putting your Florida home on the market tomorrow!