Should I sell my house this year?
You may have been pondering this question for quite some time now; should I sell my house this year? What if now is not the right time? Will I miss out on an opportunity? With the continuous trend of low interest rates and high demand of buyers across the Treasure Coast, the answer is YES, now is the time to sell!
The busiest season in real estate has just begun. In previous years, April has kicked off the home shopping season for buyers, but new research shows that February is the hot market month for real estate. Following old trends and waiting for more competition to list in your neighborhood come April could put you behind the curve. Now is the time to take the dive into the market.
Home buyers are realizing the competitive purchasing trends, rising prices and low inventory so are setting their strategies and goals for purchasing earlier and earlier each year.
Home sellers are well positioned, but prospective buyers are having a tough time with the limited inventory in their price range. For home sellers, this means list at the right price and sell fast! With the high demand of buyers and limited inventory, home sellers are expecting to get more bang for their buck, causing home prices to rise.
A home seller has 3 options when it comes to pricing their home: list below the market to sell fast, list at the right price to sell with ease and value, or list above the market and hope for that one in a million buyer. Listing at the right price during season is key. The Stracuzzi Team at RE/MAX Community recently listed two beautiful properties, one in Palm City and one in Stuart. Competitively and accurately priced, they both went pending in less than 1 week on the market (congratulations to our buyers and sellers!!).
Another fact to take into consideration is that millennials are said to be the most likely generation to be making plans to purchase a home this year, followed by Gen Z and Gen X. The searching has definitely begun with showing activity at an all-time high here at The Stracuzzi Team office. Don’t let the current trend of new construction scare you off. 41% of buyers would buy either a new or existing home. 40% of buyers are eager to find a little charm and character in a place to call home – possibly yours.
Buying or selling a home can be tricky. The question of “should I sell my house this year?” is always tricky. But your local expert realtors here at The Stracuzzi Team are here to guide you through the process, making it simple, easy and successful! Give us a call today for more marketing information or to get started buying/selling!
