South Florida: NOW Is The Time To Sell
Here’s Why You Are Well-Positioned For A Quick Sale At A Premium.
When home inventory is low and buyer interest is high, it’s what we realtors call a seller’s market.
Today, the market favors sellers in the strongest way possible, and those on the fence may want to reconsider.
It’s all about supply and demand, and at this moment, the two are out of balance.
We can confirm: Supply is very low, demand is high, and buyers act fast when new listings arrive. Buyers pay a premium just to secure a home in a scarce market. In other words, South Florida luxury homes have what today’s buyers want, and they want them now.
The home selling facts
According to data just released by the National Association of Realtors, the number and speed of home sales for January 2021 is astonishing.
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71% of homes sold in January were on the market less than a month.
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Properties typically remained on the market for 21 days in January, down from 43 days a year prior.
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Existing home sales rose 23.7% compared to a year ago.
Luxury leading the way
For sales that are taking place among available inventory, luxury homes are leading the way. Sales of homes priced above $1 million grew 77% compared with last January.
What is holding you back?
Moving is a huge decision. You may be reluctant to list right now for two main reasons: Discretion and Safety. We address both with our clients.
The Private-Exclusive option
A private-exclusive listing is an off-market home. Details aren’t disseminated widely and won’t appear on public home search websites. Compass agents work directly with their colleagues and their buyers. You control what information is shared about you and your home while still getting exposure to top agents.
The Virtual option
In the last year, we have strengthened our pledge to make the home sale process safer for all involved. Our commitment to excellence continues in the virtual world.
We can provide:
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Listings by email
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Virtual showings
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Safe and secure home inspections
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eSign closings
It is possible to sell, even if buyers are not physically there to tour a home. Logistics can be completed from a distance with electronic services and our concierge-level attention to detail.
South Florida continues to be one of the hottest real estate markets in the country.
If you or someone you know is interested in selling their premier real estate in Boca Raton, Delray Beach, or Highland Beach, it would be our pleasure to help you take full advantage of the current market.
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