One question that I often get asked on listing appointments is “how long will it take to sell my house?” If you asked me that question 18 months ago when inventory was at an all time high, I would take a deep breath and explain to you that we were looking at a 4 to 6 month timeline. Now, with inventory at extremely low levels I can honestly say that if you price your house right you can expect to sell it within 1 to 2 months and perhaps sooner depending on the price point. The $600,000 and below market is hot right now in Coral Gables. Recently a listing came on in the $500,000′s and I had two members of my team rushing to get into the property with different clients.
This is great news for sellers who need to sell fast but unfortunately for buyers a low supply of homes can often lead to multi-offer scenarios on homes that are priced well.
If you are interested in buying or selling real estate in Coral Gables and would like to work with a local real estate agent who knows the market and tracks the numbers, please feel free to give me a call directly at 305-342-1623 or send me a message here.