05/18/2022
If you’ve been considering listing your property, here are some of the reasons that make NOW the right time to sell.
HOME PRICES ARE INCREASING: The statewide median sales price for single-family existing homes in December 2020 was $309,000, up 14.4% from the previous year.
HOMES ARE SELLING: At the end of 2020, closed sales of single-family homes statewide were up 21% year-over-year, while existing condo-townhouse sales were up 27.7% over December 2019.
QUICKER SALES: Nationwide, the average Days on Market dropped 11% an average of 76 days compared to December 2019.
LOW INVENTORY: As of December 2020, there was only a 1.8-months supply in the single-family existing home category in Florida.
INCREASED SHOWINGS: Across the country in December 2020, home showings were up 63.5% over prior year. In the South, the number was even more impressive, showings were up 69.7%
Source: Florida Realtors Research department, ShowingTime.com, Realtor.co