Is the Venice FL real estate and Englewood FL real estate getting any better? If you look at the statistics as compared to 15 months ago, September 2007; YES it is getting better but we are still in a declining market. The inventory is down (not as many homes available for sale) and more homes have sold and were are under contract to sell. The number of homes for sale in the Venice FL and Englewood FL markets combined as compared to 15 months ago has dropped 13.8%. Homes that have closed has risen 25.9% and homes under contract are up 115.3%.
The average days on the market (DOM) has dropped from 146 to 112 and list to sales price ratio although has fluctuated over the past 15 months is still at 91%, which means that the average home is selling for 8% - 9% off the stated list price.If you want to sell your property you need to dramatically increase the Buyers attention. Buyers are looking for the best home at the best possible price. Did you know that within 15 seconds a Buyer has developed an opinion of your property? Sellers need to work on the curb appeal of your home (see my September 2008 post on curb appeal), tear down that old funky old wallpaper, put on a new coat of paint, remodel the kitchen, and whatever else is needed to attract a Buyer. Showing attention to detail and understanding the Buyer's needs is essential for a successful sale.
All reports are based on data supplied by the Mid Florida Association of Realtors, Venice Association of Realtors or their MLS. Neither Kari Battaglia, Associations nor their MLS's guarantee or are in anyway responsible for its accuracy. Data maintained by the Association or their MLS COPYRIGHT©TRENDGRAPHIX, Inc.
Contact Kari A. Battaglia, licensed Realtor® in Venice Florida at 941-270-1851 to list your property for sale or to help you in your search for property in the Venice FL area, which include Venice Florida, Englewood Florida, Nokomis Florida, Laurel Florida, and Osprey Florida. We currently have available properties in the Dunlap Tennessee area and have Tennessee land for sale.
Contact me by email at mailto:Kari.Battaglia@comcast.net. Need information fast, call me direct at 941-270-1851. I am currently accepting referrals.
Copyright© 2008 By Kari A. Battaglia, All Rights Reserved.
Kari A. Battaglia, GRI
Realtor®, Broker Associate
Coldwell Banker Residential Real Estate
331 W Venice Ave., Venice, FL 34285
941-270-1851 direct
941-484-9715 office
800-969-1990 toll free
Kari@KariBattaglia.com
www.KariBattaglia.com
http://www.veniceareahomesblog.com/
www.FloridaMoves.com/Kari.Battaglia
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