As you may have expected, timing is very important when it comes to the best time to sell a house in Bonita Springs (or anywhere else in the United States). Home sellers need to figure out the ideal time to put their homes on the market and then take advantage of that time frame in order to achieve their real estate goals.
If home sellers are not careful about choosing the best time to sell a house in Bonita Springs, it could result in their homes sitting on the market for months at a time, losing value. To make this determination, there are several factors that should be considered, and we discuss each one in turn below.
1. State of the Housing Market in Bonita Springs
Of the utmost importance when it comes to figuring out if now is the best time to sell a house in Bonita Springs is the current state of the housing market there. As with most cities around the country, the COVID-19 pandemic had a major impact on real estate prices, inventory, and demand. This means a great deal of fluctuation.
The Fed also raised interest rates several times, and this led to historically high interest rates as well as higher mortgage rates. Many home buyers, as a result, decided to back out of their decisions to enter the real estate market at the time, hoping for a decrease in the rates. Likewise, inventory has remained low, and this has resulted in higher prices.
In Bonita Springs, the housing market is somewhat competitive, so home sellers can expect their properties to sell anywhere from 7 to 24 days. Although average homes will sell for approximately 3% lower than asking price, some homes will still receive multiple offers to raise the price.
As far as sale prices are concerned, the median home price in the area is up 3.3% from 2022. With this in mind, home sellers will need to be patient when it comes to receiving offers and getting top dollar. Home buyers may feel more comfortable shopping around for the best price, especially for an average home.
In the next year, the market appears to be poised to continue in the same trend since location-based factors will also remain consistent. It has been forecasted by experts that mortgage rates will decrease, so home buyers will be more likely to accept a bigger risk to get the home they want. This will increase the demand for homes and the potential for bidding wars to begin.
With all of these elements combined, now is the best time to sell a house in Bonita Springs. The surge in home values creates a seller’s market, and there is a demand for homes which is likely to continue for a long time into the future.
2. Seasonal Changes of the Bonita Springs Market
Did you ever notice that many people seem to be happier and more likely to go outside when the weather is pleasant and warm, especially in the spring as flowers are blooming? The changing of seasons affects people, and it also affects the housing market! Regardless of other factors, the best time to sell a house in Bonita Springs is most certainly when the weather is better.
In the winter, no one wants to move or go see new homes. It is cold and unpleasant, and the best thing to do is often to simply sit inside and stay warm. This means that homes listed on the market during the winter are much more likely to sit on the market longer than they would during warmer months. This could mean that you will be reducing your listing price and/or losing out on potential buyers. They may even begin to think that there is a problem with your home.
When you are ready to put your home on the market, the best time to sell a house in Bonita Springs is during the spring. Working with an experienced and skilled realtor such as ours at Your Home Sold Guaranteed Realty - The Cachon Team will ensure that you have the right tools and resources to achieve your home selling goals. Our team can get your home sold quickly, no matter what season it is!
3. Personal Factors Affect Selling Times
When it comes to the real estate industry, the condition of the market as well as the season of the year will affect the sale of a home, but it is important not to discount the personal factors of the home sellers themselves. Situations like employment changes, illness, divorce, and other issues can affect a home seller’s ability to choose the ideal time to list their homes. And they may not be able to wait for the peak sales season.
To determine if now is the best time to sell a house in Bonita Springs, it is important for you to consider all of the personal circumstances you are facing and figure out if there is any urgency to the sale. Our realtors at Your Home Sold Guaranteed Realty - The Cachon Team are more than happy to help you in every way possible, and we will gladly give you all the home selling tips we know to ensure you achieve your home selling goals.
4. How to Sell a House in Bonita Springs
When you are selling a house, it is vital that your property makes the best possible impression on home buyers. To make a great impression, your house needs to be in showroom condition, which may take some time and energy on your part. Start early and make cleaning a major part of your daily routine up until it sells.
Some of the most important tasks to complete throughout the cleaning phase include: deep cleaning, de-cluttering, tidying the whole house, landscaping, and power washing the exterior. All of your indoor and outdoor spaces should be in pristine condition to thoroughly impress home buyers.
You may also want to consider staging the house using a professional stager (or your realtor). Using neutral color palettes and generic home decor will ensure that your home buyers can visualize their families living in the house with all of their own belongings.
To get top dollar, be sure you are working with the best realtor in the area – Your Home Sold Guaranteed Realty - The Cachon Team. Our team will work with you and ensure that your home is ready to be listed, marketed, and sold for top dollar. We make sure you can achieve your home selling goals because we are committed to your satisfaction.
Find Out the Best Time to Sell a House in Bonita Springs with Our Realtors
Have you decided to sell your home? If so, our team at Your Home Sold Guaranteed Realty - The Cachon Team is here to make sure that now is the best time to sell a house in Bonita Springs, and we are ready to make it happen for you and your family. Throughout the entire process, you will have all of the information, resources, and tools you need to make well-informed decisions.
And you never have to worry about your home sitting on the market for months at a time thanks to our Exclusive Buyer Profile System. With this system, we will ensure that qualified home buyers in Bonita Springs are able to find your home and come see it. Before you know it, you will have an offer faster than you ever expected.
To get more information or to begin your home selling journey with us, give us a call at (239) 399-5432 or fill out the form on this page with the requested information. One of our skilled realtors will send you a detailed response as soon as possible.