If you are looking to sell your house in Florida, you may not have a choice about when to list it. Unless you want to become a landlord, you may have to list it on the market due to a job change, a move out of state, or another reason. But if you have some flexibility, then there are certain times of the year when it is better to sell a house in Florida.
Generally, the best time to sell a house in Florida is in the spring or summer - when the weather is gorgeous, and the plants are in full bloom. It is also a good time to sell because kids are off of school, so families can move without disrupting their kids’ school year. You can typically get the best price for a house in Florida by selling in June and sell it faster in May.
At Eaton Realty, our Tampa Bay selling agents have deep experience in the Florida real estate market. We keep on top of information like when houses in the Tampa area are selling so that we can help you sell your house quickly and for top dollar. Reach out to our Lithia office today to talk to a licensed Florida realtor about listing your home.
Sell Your House For Top Dollar. Speak With A Realtor To Develop A Strategy › 813-672-8022
Is It a Good Time to Sell a House in Florida?
During the pandemic, housing prices across the country soared - particularly in places that offered a better work-life balance and a lower cost of living. With the ability to work remotely, people flocked to Florida, making it a genuine seller’s market. Unfortunately, the housing market has cooled considerably across the country with rising interest rates and inflation worries.
That isn’t the case in Florida, however. While home prices have leveled out quite a bit, the housing market in Florida has remained stable. In some cities - including Tampa - the median sale price for homes has increased in 2023, albeit at much lower rates than between 2020 and 2022.
The bottom line is that Florida is a desirable place to live. Whether they want to live close to the beach, want milder winters, or are looking for more favorable taxes, people continue to move to the Sunshine State. For this reason, despite the economic woes facing much of the country, it is still an excellent time to sell a house in Florida.
When Should I List My Florida House?
There is a lot to consider when selling a home - including timing. Some people don’t have the luxury of waiting for an ideal time to get their house on the market. They may need to move for a job, family, or other reasons and have to get their house sold before leaving Florida. The good news is that the Florida housing market remains strong throughout the year.
There are better times to sell a house in Florida, however. If you are able to wait, you should try to list your house in late spring or early summer. This can help you sell your home faster - and possibly for more money.
The spring or summer is usually an optimal time to sell a house anywhere in the U.S. for three reasons:
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This conventional wisdom also holds true for Florida. As detailed below, listing your house in late spring or early summer can help you sell your home quickly and for more money.
The Best Time To Sell If You Want to Sell Quickly
If you want to sell your house quickly, then the best time of year to list your home is in May. According to data from Redfin, homes that were listed for sale in May 2022 sold in an average of just 22 days. By comparison, homes that went onto the market in December took an average of 47 days to sell.
Overall, houses listed in the spring and summer sold in under a month. In 2022, houses listed in March and July sold within an average of 25 days, while houses listed in June sold within 24 days. Houses that were listed in April sold in an average of 23 days.
By contrast, houses that were put on the market in the fall and winter months - particularly between Halloween and the New Year - took the longest to sell. The worst month to list your home in terms of quickness of sale were December (47 days), November (44 days), October (40 days), September (36 days), and January (31 days).
For most sellers, if you want to sell your house quickly, you should get it on the market in the spring or summer. This helps to put your house in the best light and takes advantage of the reality that more people are looking to buy during these months.
The Best Time To Sell If You Want to Get the Highest Price
Spring and summer are the best times to sell your house fast - and the best time to get the highest price for your home. Specifically, houses sell for the most in June, followed by May. According to Redfin, the average sale price of homes sold in Florida in 2022 was as follows:
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Notice a pattern here? Just like with the average sale price, the best time to sell your house for the highest price is in the spring and summer. You’ll get the lowest price for your house by selling in the fall and winter.
Other Factors to Consider When Listing Your House
The data that lets us know when the best time to put your house on the market isn’t a secret. Any good real estate agent will likely advise you to list your house in the spring and summer. As a result, there are far more houses in the market during this time compared to the fall and winter.
For home sellers, you’ll have a lot more competition. Instead of competing with 25,000 other houses on the market in November, you may have to compete with over 46,000 other homes listed in March. Increased competition can make it harder to make your house stand out from the crowd and be sold quickly and for top dollar.
You may also have other factors to consider, like your ability to find a new house or your need to be out of your home quickly. An experienced Hillsborough County real estate agent can guide you through the process. They will work with you to understand your needs and your goals in selling your house. In this way, they can make sure your house is listed on the market and positioned in such a way as to meet your needs.
Interested in Selling Your House? Call Eaton Realty
Selling your home requires considering many factors, from whether or not to stage your house to the best time to list. Generally, you should list your home in the spring or early summer for the best results - but you may have great reasons to put your house on the market at another time. Eaton Realty can help you make an informed decision based on your unique circ*mstances.
Our real estate team works with buyers, renters, sellers, and investors to help them with their goals. We are well-versed in the Hillsborough County real estate market, which allows us to advise our clients about things like the best time to sell or how to manage seller closing costs. If you’d like to learn more, fill out our online contact form or give us a call at813-672-8022 to talk to a team member.
