Today we’re reviewing the results of the Q4 2020 market.
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Here in sunny southwest Florida, everyone’s been asking about what’s going on in our market. Are there any buyers in town? Are properties selling? Is there much inventory to choose from?
The answer to all those questions is an emphatic yes! We had a very strong end of the year, and despite everything, 2020 was an incredible year for real estate. Most of the listings we had sold, and inventory dropped down to the lowest levels we’ve seen since 2006.
Heading into 2021, we’re still in a seller’s market. Inventory is low, interest rates are low, and demand is high. We had an early start to season in the third and fourth quarters; many buyers made their purchases in time to enjoy their properties before the holidays.
If you’re a seller, get on the market as soon as possible. Why wait? Time is of the essence with Easter coming up on April 4. Prices are up, and it’s an excellent time to take advantage of the market.
If you have any questions, call or text today at (239) 248-8000. I’d love to help you.
