Thursday, June 18, 2015

What Do Jupiter Home Price Reductions Mean for You?


There are a variety of opportunities in the South Florida real estate market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

Recently, we at the Simmonds Realty Team have noticed a shift in the market. We keep a close eye on trends and market statistics in our area, and we're starting to see a lot of price reductions in the Jupiter area. 

What does this mean for you?

For one, price reductions mean the market is beginning to stabilize. This shift means our market is less likely to favor sellers right now, like it has in the past. These price reductions mean sellers are getting as much as they thought they would, that their homes are priced too high. Because of this, inventory is on the rise! 



These conditions mean we have more of a neutral market. Because of this market shift, pricing your home right is crucial. Putting the right price on your home will surely help it sell, especially if it's in great condition!

If you have any questions about buying or selling in our current market, or if you need real estate assistance of any kind, give us call or shoot us a quick email. We would love to hear from you!