Low Inventory and Serious Buyers Make a Great Selling Opportunity.
Happy fall to you all! We’ve made it to October and the fourth quarter of the year here in Tampa Bay. Today I wanted to share just a few facts and figures about our market that you might not be aware of.
During this time of year, a lot of people who have their homes for sale consider taking their home off the market. However, the Tampa Bay real estate market is extremely active during this time of year. Would it surprise you to know that in 2017, 8,405 homes closed in the fourth quarter? That’s 24.3% of the total sales for the year.
As you can tell in the video above, it certainly doesn’t feel like fall here in Tampa, and our mild winter weather is part of why so many visitors flock to Tampa and decide to buy property here. This is part of the reason why our market doesn’t slow down much during this time of year. Many potential buyers are here starting new jobs, vacationing, visiting family over the holidays, and combining those trips with home shopping over the fall and winter. Tampa Bay is truly a year-round market.
If you’ve been thinking about putting your home on the market and are considering waiting until next year, it might be a good idea for us to have a conversation about whether or not a fourth-quarter sale might be a good idea for you. Our low inventory combined with 4th quarter’s serious buyers can create a perfect scenario to maximize your proceeds from a home sale.
No matter when you plan on selling your home, we’d love to help you out. If you have any questions in the meantime or want to discuss what’s going on in your neighborhood, don’t hesitate to give us a call or send us an email at any time. We look forward to hearing from you soon.