This is the set of stats that I like to pull for my home sellers here in Sarasota County. These are the most recent stats available (September 2023).
Why is this info helpful for you and me?
If you’re wondering how likely it is that your home will sell for cash, this tells you that 42.6% of all sales here are cash.
If you’re wondering about how long it might take to get your house under contract, right now it’s taking about 27 days (most of mine sell faster)
If you’re wondering if it’s a seller’s market or a buyer’s market, check out the “months supply of inventory” which shows we are sitting at 3.5 months. That’s still technically a seller’s market although these days it feels just about even.
Is your house priced more or less than what most people are paying for homes these days? Check out the median sale price, it’s currently at $494k.
And when you do get an offer on our house, can you expect full price? Chances are you’ll get an offer that’s closer to 96.2% of your listed price.
And how much competition do you have? Take a look at the active inventory; we’ve got 2,159 homes on the market now. Keep in mind that’s ALL price points.
When it’s time to sell, ask me about stats like these. It’ll give YOU an advantage. Our hottest selling season here in Sarasota is typically January through April, HOWEVER we are starting to see buyers NOW (this time of year it’s mostly snowbirds who don’t want to rent for another season; they’d rather buy). If you’re considering selling within the next 6 months, please give Christine a call at 941-685-5565.
Curious about how much your home might be worth? Start with your customized home valuation.