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Time to Buy a House in Florida

buy a hoouse in florida- the real estate updates

When trying to calculate time to market, you need to weigh two things: inventory and price. In winter you are more likely to be able to buy a house cheaply, but there may not be as many houses on the market as the average sale price is higher in summer, so most sellers wait until then to list their homes.

Those who sell in winter tend to do so out of financial desperation or immediate need. Sellers in this situation typically don’t do any work on the home before selling it, so you’re more likely to find “assistance” and home repairs in the winter. Even so, there will be some great homes on the market for a low price.

According to Redfin, the average winter sales price in Florida is $ 241,000.In the summer that rises to $ 251,667 – over $ 10,000 more! Of course, there are significant savings if you plan to buy your home in the winter.

These are the average sales prices for each season in Florida:


Median Sale Price









Here are the average monthly sales prices in Florida:

MonthMedian Sale PriceMonthMedian Sale Price

As you can see from Redfin data, sales prices bottomed in January and then steadily peaked in June. This table can help you get a better idea of ​​when to plan to buy a home.

For example, if it’s December and you want the lowest price on your home, wait a month or two and buy in January or February. However, if it’s June you can wait for the prices to cool down. in July, August and September.

It is important to note, however, that price developments can vary from city to city; State-level data can provide you with limited information. To get a better idea of ​​when to buy a home in your target market, speak to a local real estate agent. They can advise you based on the data of your specific city or region.

Time to Buy a House in Florida 3

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