Best Time To Sell Your House In South Florida
February 3, 2014 | Damara
Oh…the magic question…
When is the best time to sell my property in South Florida??????
As a local, South Florida Real Estate Broker, I am asked this question daily.
The Best Time to Sell Your House in South Florida is:
When you need money – Lack of funds to upkeep your property mortgage, taxes, maintenance, insurance, etc. are a clear sign it is the best time to sell your property. Delaying the inevitable leads to foreclosure, irreparable maintenance, liens, lawsuits and more. Sell now to cash out, break even or maybe to just stop the bleeding.
Before you merge households – When you are going through a life transition and will be moving in with another person or family member, this is the perfect time to sell. Start with a clean slate with your new spouse by selling your individual properties and buying a new home together. Or when you are moving in to care for an aging parent, or they are moving in with you. Liquidate so there is money to assist with your new life change.
Before the baby! – New babies usually means you need more space. Pregnancy and change are stressful enough, but better to sell and move now before life really gets stressful. Moving with a brand new baby is just exhausting and complicated. Start your “nesting” in a new home, so you can be settled in for your new arrival.
The kids are all grown up – Many folks keep living in their family home even when the kids are gone to keep the memories alive. This can be financially and emotionally draining. Sell your family home, and finally move to the beach or that active adult community you have been thinking about.
Despite all the other reasons… the best times to sell your house in South Florida is Spring (March to June) or Late Fall (Late October to Early December).
- Spring is a time of change – Spring is also is a time that families with school aged children are shopping to move for the Summer and next school year. Not selling by the end of June, early July, can really hurt your value and chance of selling. School starts mid August and Hurricane Season really picks up at the same time. Demand drops, and so do prices and sale for a few months.
- The market picks back up in Late October – Demand stays high through the early part of the holiday season. This is due to South Florida’s gorgeous weather at that time of year, and all of the snow birds from the Northeast U.S. and Canada coming South to fuel our housing market.
No matter what time of year it is, my real estate company, Mangrove Realty, and I, can help you sell your property quickly and for top dollar. Our experience, world wide marketing, and exclusive strategies will work for you.
If you are struggling, as mentioned in the first answer, it’s never too late to sell and move on. Even if you owe more than the property is worth. Call me to discuss your best options to sell.
photo courtesy of Flickr