Florida is a state known for its sunshine, sandy beaches, elaborate theme parks, and its year-round warm weather. Not only do hundreds of thousands of people come to visit Florida, but countless people decide every year to pack up ship and make the Sunshine State their forever home. Orlando, which is one of Florida’s more central cities, is growing quickly. In fact, Orlando is the fastest growing of America’s 30 largest regions with a growth rate of about 2.6%.
This doesn’t come as a surprise, given that the city is next to some major amusement parks and isn’t a far drive from several popular beaches. If you are planning on selling your home anytime soon, soon is the time to do it. But plan to do so smartly. Here is the best time to sell your house in Orlando and some tips to get you started.
For those who want to sell fast
If you’re thinking “I need to sell my house fast,” we’ve got some numbers that will show you when the best time is to sell your house. According to data regarding the best time to sell in Orlando, August is the best month to close on your house quickly. In this month, homes sell about 7.8 days quicker compared to the national average. On the other hand, the worst time to sell your home if you’re going for the speedy route is in January. We suggest listing your home in the month of May since it usually takes around four months for a home to be sold after being listed!
For those who want to sell for a high cost
We don’t blame you if you prioritize selling your home for the best price possible. Luckily, there is a perfect time to sell if this is your motive! Data shows that homes sold in February sell for, on average, 33.41% more compared to other months. We suggest listing your home in November, since houses take about four months to sell. Again, be wary of selling in the month of January because this is also when homes tend to sell for the least amount of money!
For those who just want to sell
Selling your house quickly and selling your home for a great price both have their benefits. However, the month in which you sell doesn’t hold that much weight if you go about selling poorly. Obviously we suggest hiring a skilled real estate agent, but that’s just because we fully understand the implications that come alongside selling on your own, including the fact that homes sold by owner went for, on average, $59,000 less than homes sold by an agent.
We also suggest that you get to know the market in Orlando and its specific neighborhoods, since this can help you forecast what people are looking for in a home.
Karen Arbutine and Associates in Orlando, Florida has a team with the knowledge and passion to help you either buy or sell your luxury home. If you need help deciding when is the best time to sell, and how to go about doing so, we can help.
- by Julia of Homelight.com