If you're a Florida homeowner looking to sell, it's important to understand the latest trends in the local real estate market. Recent data shows there are over 5,600 listings in Florida with the phrase "motivated seller" in the description on Zillow. This signals that competition for buyers is heating up.

What the numbers reveal

Two years ago, the typical Florida home spent just 24 days on the market before going under contract. But in March 2024, that number rose to 57 days - more than double. Buyers are taking their time making decisions in the face of so many options.

The market has shifted Florida's housing boom has cooled off after years of rapid price growth fueled by high demand and rising mortgage rates. Now that price increases have leveled out, sellers need to adjust their expectations and strategies to stay competitive.

Why "motivated seller" is so common
Homeownership costs like HOA fees, insurance, and property taxes continue to rise in Florida. Many sellers use phrases like "motivated" to show they're willing to negotiate or price their home aggressively to get it sold quickly despite the added expenses.

How to sell successfully now

The first step is to get an accurate estimate of your home's current value by using our most accurate free home value tool. This data-driven report will help you price your listing competitively right from the start.

It's also smart to hire an experienced local agent who understands marketing tactics for high-inventory conditions. Their professional expertise can guide you through pricing, negotiations, and positioning your listing to truly stand out.

Whether you're upsizing, downsizing, relocating or simply ready for a change, selling your home will require more preparation in this market. But with the right pricing strategy and marketing approach, you can attract qualified buyers and go under contract faster.

Connect with our team today!