It’s the Perfect Time to Sell Your Brevard County Home
Posted: May 21st, 2020
Brevard County’s real estate market has been on a hot streak. Before the coronavirus pandemic, closed sales were setting records; December 2019 saw a 19.2% increase in closed sales compared to the year prior. While the outbreak has caused general economic uncertainty, luxury homes in Brevard County continue to sell at rapid rates. As the state begins to reopen, we see both buyers and sellers becoming more active by the day, and it’s shaping up to be a busy summer.
Complications from COVID-19
People have responded to the COVID-19 situation in different ways. While some sellers were more comfortable removing their listings until things clear up, others chose to vacate their properties as quickly as possible to give agents and their clients a safe environment in which to discuss their potential new homes. One thing is abundantly clear, however: buyers are still just as interested in Brevard County real estate as before.
Brevard County is in High Demand
Selling your home right now may seem tricky, but the team at Ellingson Properties has updated our practices to ensure the safety of our staff and clients. We have the tools and know how to help your home move. Here are a few reasons why it’s the perfect time to list your home with Ellingson Properties:
Inventory is low.
Demand for homes remains high while the current inventory of available homes remains low. We currently have sellers lined up, waiting for the right home to hit the market. This demand means that sellers don’t have to lower their prices to attract the right buyer. In fact, according to Space Coast Daily, “74% of real estate agents noted that sellers are not dropping listing prices to attract more buyers.”
Homes are moving quickly.
One of the main concerns for sellers during the coronavirus was what to do if their home got stuck on an uncertain market. In Brevard County, we’re seeing many homes closing within weeks -- sometimes even days -- of being listed. It’s a good idea to have your future residence in mind if you’re ready to list your home for sale.
Brevard County is still in high demand.
Thanks to the booming space program and the subsequent appeal to many major aerospace and defense companies, Brevard County remains in the sights of investors across the country and around the world. Ellingson Properties’ white-glove service has adapted to connect sellers with the right buyers through safe means, observing social distance and connecting virtually when possible.
Ellingson Properties is Ready to Help You Sell
The real estate agents at Ellingson Properties have a firm grasp on the market and can provide you with the knowledge and tools you need to quickly sell your home -- even in extraordinary circumstances. The opportunities presented by the current Brevard County housing market may only come about once in a lifetime. If you’re ready to list your home, call Ellingson Properties at 321-750-7050 today.