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    Market Update March 2018

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    Monday, March 5, 2018   /   by Hunter Habib

    Market Update March 2018

    Greetings, Neighbors!

    Happy March! As we move into our springtime selling season, we’re seeing pending sales pick up across the Southwest Florida region.  As always, those homes that are accurately priced, especially in the $3-500K price segment, are seeing a lot of open house activity and offers.  The luxury market, homes prices at $1 million and above, have had a slower month in Bonita Springs and Estero, but is seeing activity in the Naples market.  We’re also seeing the condominium market pick up as well in Fort Myers, Naples, Bonita Springs and Estero.  The market overall continues to follow a stable path in both pricing, inventory and the days on market.

    New construction continues to be a viable option for buyers, so if you’re selling this spring, you are in direct competition with all the brand-new communities, builder incentives and builder pricing!  So, that means you must be very diligent about ensuring your resale property is priced to market!  As we’ve seen in 2017 and 2018 thus far, overpriced properties simply are not selling.  If your property is currently listed and you’re not seeing the activity you should be, talk to us about how to avoid the ‘chasing the market’.  Chasing the market is a not an effective sales strategy and it will leave you frustrated.

    Have you noticed this enormous amount of traffic we are experiencing in Southwest Florida right now? Yes, there are a lot of winter visitors here right now! We’re seeing them on the road, as well as at Open House events! We also know that the Southwest Florida market is seeing a tremendous amount of online viewing activity right now, as reported by our area REALTOR® associations and Realtor.com.  In fact, the number of online views jumped up by 3.9 million views from December 2017 to January 2018, and continue to rise. The bottom line is that buyers are in the market and are here to buy! The question is…are you ready to get your home sold?

    What are your plans for buying or selling this spring? 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!

     

    ·        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

    239-498-7600

    Michael@TeamMBurke.com 

    www.TeamMichaelBurke.com

    The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2024. Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification.
    2024 Royal Palm Coast REALTOR® Association. All rights reserved. Information has not been verified, is not guaranteed, and is subject to change. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) of the Florida Gulf Coast Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Last Updated: 12/9/2024 7:34 AM CST
    The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida Multiple Listing Services. Properties listed with brokerage firms other than are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2017 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. For the most current information, contact Data last updated 12/9/2024 7:34 AM CST.
    The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2024. Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification.

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