Wednesday, February 25, 2015

West Pasco County Florida Housing Market - Days on Market

The western Pasco county Florida housing market
has seen some serious improvement over the last year and home sales are continuing in a positive trend not only in sales price, but in the amount of time many homes are on the sales market.  It is a fact that homes listed for sale for an extended period of time actually sell for less money than those priced properly and sell within the first 30-60 days on the market.  Home buyers have access to your homes "days on market" and once you cross over the 60 day mark, many home buyers start to make their offers for less money.  Why didn't it sell? What's wrong with it? The must be desperate to sell now?  I have heard them all when working for buyers looking to purchase a home in western Pasco county Florida.

The positive report from our local MLS system shows that since January 1, 2015 and Feb 25, 2015 more homes sold within 0-60 days than any others.  This can indicate two things. More buyers are in the market and looking to purchase and more home sellers are realistically pricing their homes to sell.  Over the last year I have personally sold more than a few homes that were listed for 5, 7, 12, or 14 days.  When the home is priced properly and shows nicely to the buyer, they don't wait around. They make an offer. 

With the spring buyers season literally around the
corner, now is the time to list and sell your home in western Pasco county.  I make it my priority to utilize every form of technology and advertising possible to get your home in front of as many home buyers as possible.  Most buyers start searching homes online before hiring a real estate agent or speaking to a lender.  This means that I will get your home in their view and on their list before their agent sends them any other homes to look at.  This puts you at a great advantage.  This week I am working with 3 home buyers of different price ranges and needs.  All 3 started their search a month ago and the day they were pre-approved to purchase they gave me homes they wanted to see. Two of these buyers have already had offers accepted.  What were the days on market on those homes?  One was 19 and one was 6.  Homes are selling and the best advice I can give anyone when it comes to real estate is this. Sell when people are buying and buy when people are selling. 

Contact me if you would like to sell or buy a home in the western Pasco county area of Florida. I serve my neighbors in New Port Richey, Trinity, Port Richey, Hudson and Land O'Lakes. There is no obligation for you to receive a comparative market analysis of your home and you can request one online. 
written by Michael J. Gallo

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