Southwest Florida…It’s time to sell…oh, and buy!
Published On: January 19, 2016 Posted by: SB Realty
Southwest Florida…It’s time to sell…oh, and buy!
Over the past 10 years, Southwest Florida has seen its share of ups and certainly downs in the residential real estate market. But if the current market statistics are any indicator of future trends…Look out!
Southwest Florida home sellers, this one’s for you…
The number of home sales in Lee County in 2015 was the highest its been in 10 years! That makes now the time to sell. In addition, there has been a lot of talk around town about inventory levels. It’s true that our market has the lowest levels of inventory in years, which is why sellers should consider taking advantage of the laws of supply and demand. The market needs more homes for sale to support the demands of buyers.
But don’t worry home buyers, we haven’t forgotten about you either…
The average sales price in Lee County continues to increase year over year, making now the perfect time to buy! Too many potential home buyers are waiting…but for what? Who knows how long this trend will continue?
Waiting for the perfect time to buy almost always results in the buyer spending more.
So here’s what we do know…
- 2015 saw the highest amount of homes sold in the last 10 years in Lee County.
- The average sales price in Lee County is approaching price levels we haven’t seen since the boom… and they are continuing to increase.
- The average number of days that a property is listed before it is sold in Lee County, is a little more than 2 months. That is down from the previous year’s time on market.
So…more homes are selling. They are selling faster. They are selling for more money than they have in years. Yep, looks like a great time to sell, oh and buy in Southwest Florida.
