An Overview of the Southwest Floria Real Estate Market by Top Agent Stacey Glenn As of July 2019
As a Real Estate Agent, I get asked this question a lot… “So, how’s the market?”
Answer: Full of surprises. Changed. Good,
but and different.
There are a lot of moving parts right now in the Southwest Florida real estate market… not every happening will have an equal effect on every community. And, while local market reports are helpful for understanding how we’re doing compared to last year, remember they’re coming out mid-month and reporting the prior month over the prior year… so only an indicator of the past and, even hot off the press, still lagging 15-45 days behind.
If you want to know what’s really going on, you need to ask your local real estate experts. It’s the offers we wrote last night, and the negotiations we’ll engage in today which matters most if you really want to know where the market’s headed… those deals we’re working on now which close in 30-60 days and therefore shape the headlines you’ll read in 3-4 months. Yes, as real estate professionals we have a keen awareness of the momentum of the market… if we pay attention.
I don’t know about you, but I get a good amount of real estate newsletters and postcards in my mailbox and inbox and not a single one has addressed what’s really happening… when a community goes from 12 sales a year to having only 1 in the last 6 months, isn’t that worth noting?!? How can an agent still claim to deliver results and get you the highest price in the shortest amount of time?!? It’s preposterous.
So let’s be real and let’s discuss what’s really happening today so you can make the best decision for yourself and your family about the right time to buy or sell. There are opportunities in our market and it is possible to sell, even if it’s been a struggle over the past year. You just need to know what to do.
Over the next few months I will delivering a series of monthly newsletters focused on:
- Sales metrics for individual communities
- How we need to adjust our expectations in the “new” market
- New construction and it’s impact on resale properties
- Why buyers think most homes look “tired” and what to do about it
- Millineals and Baby Boomers in our market
- How buyers are turning away from the #1 thing that used to drive them to our market – what it is, why it’s no longer appealing, and what’s taken it’s place
- How commercial developments have impacted our home values
Visit 239homevalue.com. You can reach me at 239-823-1343 or Stacey@TeamStacey.com for a free, confidential market analysis of your home’s value. More than a typical Realtor “CMA”, I provide an in-depth look at the macro and micro-market indicators that help you to play to your strengths and achieve your real estate goals, in any market.