If you need assistance, please call 239-498-7600

  • Market Update: February 2018

    Friday, February 2, 2018   /   by Hunter Habib

    Market Update: February 2018

    Greetings, Neighbors!

    We’re off to great start for the winter selling season in Southwest Florida. In the market, January 2018 saw lots of open house and pending activity – more than we’ve seen in past months.  Now that storm repairs and the holidays are behind us, buyers are here and ready to see properties, and they no longer want to wait! While there are still some overpriced properties on the market, overall inventory has remained stable despite potential challenges of 2016’s election and 2017’s storm.  We’re currently in a stable market where price still sells. Properties priced at fair market value will continue to sell, as those are the properties receiving multiple offers.


    New construction homes continue to be a viable choice for buyers, but we are still urging buyers not to go it alone without their own REALTOR®, as new construction community on-site agents work for the builder/developer.  In a new construction transaction, your agent is instrumental is the negotiation process. Not having your own agent essentially leaves money on the table and no one looking out for your interests.  Additionally, the builder/developer pays the buyer agent’s commission, making it a win-win situation for you to have their own agent in the transaction.

    No matter what your 2018 real estate goals are, our team can help you make it happen with the best possible outcome!  Here is a handy list of unique sales tools we provide our buying and selling clients. Whether buying or selling, our tools are PROVEN to help you get the most from your transaction!


    ·         We now have a NEW page for absorption rates which is updated monthly!  Visit HERE to check it out!


    ·        BRAND-NEW! Team Michael Burke now has a website dedicated to showing you all open houses in the Southwest Florida area! No more driving around aimlessly – now you have a plan! Don’t forget to call your Team Michael Burke Agent to accompany you on your open house visits!  Check out today’s open houses on http://todaysopen.house/.


    ·        Detailed Market Analysis – Get active, pending, and all sold properties near your home or within your community within the past six months, as well as average sale price and the average days on market and more right HERE!

    ·        New Streamlined Communications System – Our client resources and tools now reside on a dedicated server, making your experience faster and more convenient than ever! No other real estate team in Southwest Florida has the technical tools we have dedicated to serve you!

    ·        Monthly Market Report. Let us present you with the most accurate data about your neighborhood including closed and active home sales.

    ·        Property Value Calculator.  Not sure what your carrying costs will be? Check out our Property Value Calculator to find out how much carrying costs will impact your selling price.

    ·        Website Online Chat. Chat with our team in real time to get your questions answered now!

    ·        Elite Seller Feedback System – Take advantage of my sophisticated and exclusive system that provides valuable feedback from your showings via email, so you know what buyers are thinking. 

    ·        Interactive Home Illustration - Give buyers what they want to see with professional images and videos of your home!

    ·        Superior Marketing Plan - Our marketing plan is unlike all others in this market! It will maximize exposure and get top dollar for your home.

    ·        Updated Easy-to-read eMail Template - You’ll be able to review our messages and quickly access such as our featured listings, market reports, and quick links to various communities and all of our exclusive market tools!

    Let us help guide you through the new year’s current market conditions and assist in making the best decisions for the purchase or sale of your Southwest Florida property!

    D. Michael Burke, P.A.                                                                                                         

    Keller Williams Elite Realty

    26381 S. Tamiami Trail, Suite 300

    Bonita Springs, FL 34134