How long it takes to sell your home in Naples depends on the housing market conditions and when you choose to list it.
For example, homes tend to sell faster when they’re listed in the spring and summer months compared to fall and winter.
But aside from seasonality, broader housing market conditions often play a more significant role in selling speed.
In early 2023, the Naples housing market was still feeling the effects of rising interest rates, high inflation, and fears of a recession. This has caused the Naples housing market to experience less home buyer demand than at its peak in April 2022.
Listing agents usually look at a statistic called “days on market” to determine how long it might take to sell their clients’ homes. As of February 2023, the median days on market for homes in Naples was 51 days.
This represents an increase of 36 days compared to February 2022, when homes spent only 15 days on the market before selling.
What Can You Do to Make Your Home Sell Faster?
Make the Most of Your Home’s Location
Location is a crucial factor for many home buyers. While there isn’t much you can change about your home’s location, you can emphasize certain aspects in your listing.
For example, mention if your home is located close to a top-quality school, has easy access to green spaces, or is a short commute into the nearest city.
Sell When Buyer Demand is Highest
Selling when demand is at its highest gives you the best chance of selling fast. If you can wait, consider listing your home in the spring or summer when buyers are most active in the market.
Or if you’re able to put off your home sale even longer, think about waiting to list until housing market conditions improve.
Set a Fair Asking Price
Asking price is crucial if you want to sell a house in Naples fast. An asking price that is too high may deter potential buyers and lead to the property remaining on the market longer than necessary.
Additionally, a high asking price may lead to appraisal issues, as the property may not appraise for the agreed-upon sale price. This can ultimately cause the sale to fall through.
On the other hand, pricing too low means you risk losing thousands in profit. An experienced realtor can help you find the right balance between a fair yet competitive asking price.
Make Your Home Move-In Ready
If you want to sell your home fast, especially in a cold market, it’s important to make sure it’s move-in ready. When economic conditions are tough, home buyers don’t want to worry about paying for a repair down the road. Instead, they’re usually more willing to pay top dollar for something they know will last.
To this end, take care of all necessary repairs and upgrade appliances, hardware, and lighting fixtures. Also, consider remodeling high-traffic rooms like the living room, kitchen, and bathrooms. Not only will your home stand out from others on the market, but you can justify a higher asking price.
Have a Marketing Plan
With a comprehensive marketing plan, you can ensure your property is presented in the best possible light and seen by many potential home buyers. The more buyers see your home, the more chances you can achieve a fast and profitable sale. Your realtor will likely create a marketing plan that includes the following:
- Creating a professional listing with high-quality photos and detailed descriptions
- Promoting the property through social media and other online channels
- Hosting open houses and private showings
- Reaching out to local real estate agents and potential buyers
Work With an Experienced Realtor
Lastly, working with an experienced realtor is key if you want to get your home off the market fast. You should find a realtor knowledgeable about the historical housing market patterns and who’s worked through tough market conditions.
Check their track record and ask for data and selling statistics that show the success of their marketing strategies. In addition, it’s a good idea to read reviews from past clients.
Ideally, you should also find a realtor with a large network of other real estate professionals they can contact to find a buyer for your home. A well-connected realtor can find a match for your home almost instantly.
Sell a House in Naples With Our Real Estate Team
At Your Home Sold Guaranteed Realty - The Cachon Team, we’re the best realtors in Naples for a reason. We’ve helped thousands of people sell their homes fast and for top dollar in any market condition. One reason we’re able to do this is because of our unique Guaranteed Sale Program.
This program ensures your home will sell within your desired time frame, no matter what. If a home buyer doesn’t purchase it, our team will buy it ourselves for an agreed-upon price.
We offer this guarantee because we’re confident in our ability to sell your home. On average, we sell homes 37% faster and for 2.5% more money than our competitors. Our track record is one reason home sellers in Naples turn to us to get their homes sold fast.
To learn more about how to sell a house in Naples or work with our real estate team, call (239) 399-5432. You can also fill out the form below for more information.