Smith & Smith Realty Inc. | Wildwood Real Estate, Oxford Real Estate, The Villages Real Estate


For those who plan to list a house in the foreseeable future, it often is beneficial to track the real estate market. By doing so, a home seller can identify real estate market patterns and trends and quickly address any potential property selling hurdles.

Now, let's take a look at three tips to help you analyze housing market data so you can accelerate the property selling journey.

1. Review the Prices of Recently Sold Houses in Your Area

Check out the prices of recently sold houses in your city or town. That way, you can find out whether sellers are accepting offers to purchase at or above their initial home asking prices.

Furthermore, it may be a good idea to see how your house ranks against recently sold residences. With this housing market data in hand, you may be better equipped than ever before to establish a competitive initial asking price for your home.

2. Determine How Quickly Houses Are Selling

As a home seller, you should find out whether you're preparing to enter a buyer's or seller's market. If you look at how quickly houses are selling in your city or town, you can distinguish a buyer's market from a seller's one.

In a buyer's market, you will find many sellers and few buyers. Conversely, in a seller's market, there is an abundance of buyers and few sellers.

The differences between a buyer's and seller's market are significant. If you understand whether you're getting ready to sell your home in a housing market that favors buyers or sellers, you can determine how to price your residence so it will generate plenty of interest from buyers. And as a result, you may be able to streamline the home selling journey.

3. Assess the Prices of Homes That Are Similar to Your Own

Your home may be one of many available to property buyers. Thus, you should review the prices of houses in your city or town that are similar to your own. This housing market data will help you narrow the price range for your residence.

Also, you may want to review rival home sellers' property listings and see how these sellers promote their residences to prospective buyers. Because if you can find ways to differentiate your home listing from competitors', you could boost the likelihood of a successful house selling experience.

As you prepare to add your house to the real estate market, you may want to hire a real estate agent as well. A real estate agent will offer recommendations so you can enhance your residence both inside and out and help you establish a competitive initial home asking price. Plus, a real estate agent will help you review an offer to purchase your home and determine the best course of action.

Take the guesswork out of selling your house – use the aforementioned tips, and you can monitor the real estate market and use housing sector data to simplify the property selling journey.


STATE HIGHWAY 50, WEBSTER, FL 33597  

Land
$129,000
Price
24 acres of improved pasture land and a couple of fish ponds. Great property for a horse/cattle farm, small farming operation and/or home place. Room to enjoy peaceful seclusion in Sumter. Located on SR 50 just south of Fletcher's Tack Shop and north of Richloam Wildlife Management Area.


1756 WATERVIEW DR, LEESBURG, FL 34748  

Residential
$587,000
Price
3
Bedrooms
2
Baths
ENJOY ONE OF FLORIDA'S FINEST LAKEFRONT POOL HOMES..with the benefits of "Chain of Lakes" .... From your dock you can boat to the other lakes or to the ocean or just take a romantic cruise around the beautiful Lake Griffin.. launch the boat from the covered boat slip with electric hoist. Foyer leads to the great room with 11 ft. volume ceilings and a stone fireplace .... 12 ft. of glass sliding pocket doors leading out to the lanai and pool area with fantastic panoramic views. The heated salt water pool with screened enclosure was added in 2014 and there was a complete remodel to the kitchen with granite counter tops and cherry custom upgraded wood cabinets with crown and soft close feature. New stainless-steel appliances and gas double oven range with griddle feature and custom pot filler and deep chip resistance upgraded built in sink & hardware were installed at that time. Walk in pantry with wine cooler. Elegant master suite with lake and pool view and huge walk in closet. Master bath remodeled in 2018 to include new hardware, mirrors, light fixtures and walk in shower with a "rain" shower head plus the latest in self-cleaning “bubble” tub for relaxation. Split bedroom plan with bedrooms 2 & 3 being on opposite side of home and guest bath also serves as a pool bath with door entry to pool area. Entire home floored with top of line "engineered" wood floors. Placed crown molding thru-out. A new 2 stage air handling system added in 2014 keeps the entire house nice and comfy year around.


Home sellers sometimes struggle to stir up interest in their residences. Fortunately, there are lots of things you can do to help your residence capture buyers' attention, such as:

1. Craft an Engaging Home Listing

A home listing should engage and inform buyers. Otherwise, an ineffective listing may make it tough for a seller to effectively promote his or her residence to the right groups of buyers.

To craft an effective home listing, it is important to consider the buyer's perspective. Think about why you purchased your home in the first place, and you may be able to identify unique property features that you can highlight in your listing.

Also, ensure your home listing is clear, concise and easy to understand. You may want to incorporate high-resolution images of your home into your listing as well.

2. Boost Your Home's Curb Appeal

As a home seller, it is crucial to upgrade your house's curb appeal. Because if your home makes a positive first impression on buyers, you could speed up the property selling journey.

To bolster your house's curb appeal, you should mow the lawn, trim the hedges and perform other lawn care tasks. You may want to repair or replace any cracked or damaged home siding, too.

For those who want extra help with home exterior upgrades, you can always hire local contractors. In fact, these professionals will streamline the process of upgrading your house's curb appeal.

3. Eliminate Clutter

If your home is loaded with a wide array of personal belongings, you may want to remove these items. That way, you can help buyers envision what life may be like if they purchase your house. You also can show off the full size of your residence during open house events and home showings.

Cutting down on clutter can be simple. If there are items you no longer need, you can donate them to a local charity, sell them at a yard sale or online or give them to family members or friends. Conversely, if there are items that are broken or damaged, you can safely dispose of them.

As you get set to promote your residence to buyers, it often helps to have an expert real estate agent at your disposal. A real estate agent understands the ins and outs of the property selling journey. Therefore, he or she can help you achieve your desired home selling results as quickly as possible.

If you are committed to getting the best price for your residence, for example, a real estate agent will help you do just that. Or, if you are unsure about how to price your home, a real estate agent is happy to provide pricing recommendations. Perhaps best of all, if you ever have questions during the home selling journey, a real estate agent can respond to them.

Want to generate interest in your home? Use the aforementioned tips, and you can boost the likelihood that your house will capture buyers' attention.


13225 THE HOMOSASSA RIV, HOMOSASSA, FL 34446  

Land
$300,000
Price
Great building lot with approx. 300 feet of frontage on the Homosassa River.




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