Ready...Set...Sell!
I have Listed and Shown a lot of homes over the last 19 years, and I have seen homes that range from pristine to homes that needed a D5 Dozer remodel! With the housing market gaining more inventory, most homes will need to step up their game to garner top dollar and reduce time on market. The days of just throwing the home on the market are waning. Now in saying that, in the "affordable housing market" we are still seeing bidding wars and low days on market. Every home must be handled individually and approached with a plan custom-tailored to meet the needs of the sellers. There are basics like the ones mapped out in the infographic above that seem to almost always help; but even with that, some homes will require more than the basics. Keep in mind most buyers don't like to do a lot of "work" to a home that is most likely topping their budget. We are at historic highs in home prices, and adding in the higher mortgage rates, means buyers are maxed out just trying to get into a home. So the more "move in ready" it is, the more likely the buyers will choose your home over one that needs even minor repairs. I always count it a privilege when people reach out to get professional advice on what items I would recommend to get their home on the market and SOLD...Let us know how best we can be a help in your home buying or selling journey.
What is the Market Doing?
Escambia County
Escambia
Month | Closed Sales | % Change Year Over Year |
July 2023 | 420 | -16.8 |
June 2023 | 513 | -13.3 |
May 2023 | 501 | -14.1 |
April 2023 | 415 | -20.5 |
March 2023 | 463 | -18.1 |
Feb 2023 | 345 | -22.6 |
Jan 2023 | 304 | -28.0 |
Dec 2022 | 375 | -31.7 |
Nov 2022 | 321 | -31.1% |
Oct 2022 | 438 | -15.8% |
Sep 2022 | 459 | -13.1 |
Aug 2022 | 518 | -2.1% |
Jul 2022 | 505 | -9.8% |
Jun 2022 | 592 | -3.6% |
May 2022 | 583 | 16.8% |
Apr 2022 | 522 | 0.2% |
Mar 2022 | 565 | 2.5% |
Feb 2022 | 446 | 14.4% |
Information from Florida Realtors
Santa Rosa County
Santa Rosa County
Month | Closed Sales | % Change Year Over Year |
July 2023 | 347 | -15.4 |
June 2023 | 434 | -11.8 |
May 2023 | 437 | -2.2 |
April 2023 | 331 | -21.4 |
March 2023 | 404 | -12.2 |
Feb 2023 | 257 | -35.8 |
Jan 2023 | 228 | -27.2% |
Dec 2022 | 330 | -30.2% |
Nov 2022 | 281 | -31.3% |
Oct 2022 | 331 | -34.5% |
Sep 2022 | 373 | -20.1% |
Aug 2022 | 427 | -15.3% |
Jul 2022 | 410 | -20.1% |
Jun 2022 | 492 | -11.5% |
May 2022 | 447 | -4.1% |
Apr 2022 | 421 | -7.9% |
Mar 2022 | 460 | -0.4% |
Feb 2022 | 400 | 9.6% |
Information from Florida Realtors
Current Mortgage Rates
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The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Skip Geiser LLC. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Skip Geiser LLC. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.