3 Stats Every South Florida Seller Needs to Know Right Now
Before you decide when to list your South Florida home — read these 3 real market stats from local expert Sandra Alonso with Brown Harris Stevens.
Sandra Alonso · Brown Harris Stevens ·
July 20263 Stats Every South Florida Seller Needs to Know Right Now
47 average days on market for well priced South Miami-Dade homes right now
+4.2% year over year appreciation in South Florida single family homes
$1,775+ the monthly cost of waiting to sell — taxes, insurance, utilities, HOA
What do these numbers tell you?
First — well priced homes are still selling. 47 days is a healthy market. Not a distressed one. Not a crashed one. A market that rewards accurate pricing and good marketing.
Second — values are still appreciating. Modestly. Not at the extraordinary pace of 2021 and 2022. But in a positive direction.
Third — waiting has a real cost. Every month you delay listing costs you $1,775 or more in carrying costs alone. That is before accounting for any market risk that comes with waiting.
The sellers who do best in this market are not the ones who time it perfectly. They are the ones who price it correctly and act with information.
I wrote the full market breakdown — community by community across Coral Gables, Palmetto Bay, Cutler Bay, Pinecrest, and South Miami — on my website this week.
www.homesbysandraalonso.com · 305-613-3376
Sandra Alonso | Brown Harris Stevens | Coral Gables · Palmetto Bay · Cutler Bay · Pinecrest · South Miami
