And just like that, it's MAY 2025!

May the 4th be with you..

May 01, 2025

Hello May!

April is now officially in the past! I am thinking perhaps that we are slowly turning the corner in the market. Lots more showings and finally offers. Buyers are still testing the will of sellers when offering. Some offers are realistic while others are just bizarre with no basis in logic. For example, we are seeing buyers offer 50K off list prices and sometimes more, even when the home is properly priced. To me that signals that buyers believe sellers are desperate. That’s not usually the case. While properties are taking a but longer to sell, prices are still holding for the most part. If you look at the prior month stats, you will see that list to sales price ratios are roughly 97% give or take and some are even closer to list, meaning that most sellers are getting 97% of their list price in offers. Still, that does not stop the bottom feeders from thinking they can get a home 10% to 15% off of list. I prep my sellers for this and we just say thank you and move on. It’s just people playing in real estate like they do in the stock market. No real logic.

So what does May look like to me? Well, I know that traditionally we start to pick up mid May when schools are getting out and people are starting their relocation to Florida. They want to be here as fast as possible so that their kids can establish friends before school starts. I know when I moved here in 1985, my parents moved us here the day after school was out in Connecticut! Stability is important so getting the kids involved prior to school is definitely a priority to many parents. The same works the other direction with families leaving the area, so inventory goes up, usualy in line with the buyers. It’s hopefully busy season again. I know personally of several new listings coming up for me that will start May off with a bang!

The bottom line is that it’s still a good time to buy and sell. If you're curious about the current market conditions or have any real estate questions, don't hesitate to reach out. I'm here to help you navigate this market and make the most of your real estate purchase or sale. 407-948-8295

Don’t Miss This Prime Spring Window To Sell Your House

According to Realtor.com, the best week to list your house this year was April 13–19. And since that week has come and gone, you might be wondering: did I miss my chance? Not at all – and here’s why.

That’s just one source’s take, based on their own research. Other organizations run similar studies. And since different places use different methodologies for their research, sometimes the results vary too – and that’s actually good news for you. According to Zillow, the best time to list your house is still ahead.

The latest research from Zillow says sellers who list their homes in late May tend to see higher sale prices based on home sales from last year. The study explains why:

“Search activity typically peaks before Memorial Day, as shoppers get serious about house hunting before their summer vacation and the new school year in the fall. By targeting late spring, sellers can get their home listed when the most shoppers are looking. When more buyers are competing for homes, sellers can command a higher price.”

And they’re not the only ones saying selling in May can help homeowners net top dollar. ATTOM Data conducted a similar study by analyzing 59 million home sales over the past 13 years:

“Freshly compiled sales statistics from ATTOM demonstrate that home sellers continue to reap significant benefits from listing their properties during the month of May. Examination of home sales trends spanning thirteen years reveals that, on average, sellers are commanding 11.1 percent premium above the estimated market value.”

An article from Bankrate echoes this sentiment and brings this all together to show that any time in April or May is a good time:

“Some patterns and trends usually do hold true throughout the year, and one is that spring continues to be the best time to sell. Sellers can net thousands of dollars more if they sell during the peak months of April and May. . .”

The window to sell during prime time is very much still open, so you can make a move and potentially cash in big if you sell now.

That said, the best week to list your house really depends on a few local factors, like buyer demand, how many homes are for sale nearby, and how quickly things are selling. That’s why working with an experienced agent who knows your area is key.

Bottom Line

Spring is the busiest time in real estate – and there’s still time to take full advantage of that momentum.

What’s holding you back from making your move this spring? And what would help you feel ready? Let’s talk about it.

Sellers, wanna try out something really neat? If you own a home and would like to keep track of your equity and value, I have access to a really cool product called HomeBot. You can sign up here: HOMEBOT AI. I love this technology! It gets delivered once a month and the info is easy to read and understand. It’s a free app to use. I highly recommend you try it out. I have 500 spaces available and they are first come, first served. As always, you can always call me to get a personal evaluation of your home. 407-948-8295.

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