Official January 2016 real estate sales numbers are in for SW Florida and as expected single family home sales fell 5.5% Condo sales were down 7% from last year.

January 2016 Real Estate Sales Numbers Are In Home Prices SW Florida

Median sales prices were up 22.6% over last year; however they were only up .87% over last month.  We did see a big jump in mean average sale prices in January, going from $280,186 in 2015 to $427,536 in January 2016.  That’s a 52.6% jump.  One reason we don’t use the mean average is because one large sale can skew the numbers.

Pending inventory fell 13.6%.  Some say it is because we have fewer inventories to sell while others suggest the market may be taking a breather and leveling off.  Now that the stock market has recovered some and oil has rebounded off its lows, maybe we’ll have a sense of stability going forward.

January 2016 Real Estate Sales Numbers Are In Singe Family Homes Sold

Of course we have that election thing hanging out there and I think everyone can agree this election cycle is like nothing we’ve ever seen before.  If uncertainty creates confusion, we’ve got it in this election process.

Within the next few months perhaps the economy’s future will come into focus and people can start planning where they want to go with their real estate desires.  So many in SW Florida have options now that their mortgage has paid down and prices have risen.  Many feel like they’re no longer in jail and are free to explore their options.

We’ve seen an increase in local homeowners considering a move.  They need to properly value the current home they have and see what improvements or repairs are needed to make it most sellable.  They also want to know what they can buy if they do sell.

Our website www.LeeCountyOnline.com is great for both because you can search all the listings available for sell, as well as see sold and pending data in your neighborhood via the Market Reports section on our site.  There is even a button to receive an online computerized valuation of your home.

Deciding whether to sell a home and buy another home is like putting together a puzzle.  All the pieces have to fit, and when they do you have to decide if you like the finished puzzle.  There is no substitute for meeting with a professional Realtor who understands this process.  However, if you just want to turn all the pieces over and begin putting the corners and edges together first, our website is an excellent place to start.

If you’d like advice from a professional, give us a call.  239-489-4042 We’re friendly and never pushy.  We simply present you with your options and let you decide what’s best for you.  If you do decide to make a move, you’re not going it alone as you have someone by your side advising you and helping you with the process.  We turn a complicated process into a smooth transition for you and your family.

And we help you avoid some costly mistakes.  Please call, we’d love to help you.  We’re the name you know and the people you trust.  Always call the Ellis Team at RE/MAX Realty Group. 239-489-4042

Open House This Weekend Sat 1-4 PM

Ellis Team Open House
Large pool home in Cape Coral-Open House Sat 1-4 PM

2110 SW 13th St Cape Coral

The Ellis team at RE/MAX Realty Group in Fort Myers is hiring.  Our team is growing and we need to fill 4 positions.

We’re looking to hire another closing coordinator.  This person should be familiar with Excel and Quick Books. Real estate experience is preferred as you’ll be working with attorneys, title companies, lenders, appraisers, sellers, and inspectors.

 

Fort Myers Real Estate Brokers are Hiring

We’re also looking to hire 3 buyer specialists.  Our marketing is working and producing buyers. We have some fantastic listings available for open house.  Our newspaper and print marketing generates phone calls and our online marketing generates leads looking to buy complete with name, phone, and email addresses.

We never cut back on marketing.  We’ve tested what works and we’re not afraid to spend the money.  We need great people to help our customers purchase homes.  Great lead generation and great service equals happy buyers who refer us to their friends and family.

If you have experience in real estate and aren’t making the type of money you should be making, we should talk.  Give us a call at 239-489-4042

If you’d like to search the Southwest Florida MLS for your dream home feel free.

View our SW Florida Real Estate Video Market Update November 2015

Changes are coming to the way property is shown in SW Florida.  Gone are the days where agents call the listing office to setup showing appointments.  This was an inefficient system as agents had to make phone calls to listing office, who had to in turn call seller, then call showing agent back to confirm.  If one seller wasn’t available it could throw the whole showing schedule into chaos and start the process all over.

Centralized Showing Service Changes Way Property is Shown in SW Florida

The way properties will be shown is changing for the better as the MLS has now gone to a Centralized Showing Service.  Technically offices can still setup showings the old fashioned way, but once they see how the new system works they’ll quickly learn their sellers will be at a big disadvantage so they’ll want to join in the new system.

When agents view properties online in the MLS there is a button they can click on that will automatically setup the showing for them.  If the agent sees 7 homes that meet their buyer’s needs, they simply select those 7 homes and request showings at a set time interval, i.e., tomorrow from 2-4 pm.  They system will contact each owner and notify the showing agents which appointments are set along with a showing map for the route.

Since this will be automated sellers need to understand the new rules of showing real estate.  Actually they’re old rules but with the new system it’s even more important.  The more accessible a property is, the more it will get shown if it’s priced correctly.  If the sellers reject showings as inconvenient, the showing agent will simply just show the homes they have approvals on.  The rejected showings will miss out unless the buyer doesn’t like one of the other 6 homes.

With limited inventory, buyers are hesitant to wait, so they offer on one they’ve seen that meets their needs and is priced correctly.

The new system will handle alarm codes, gates codes, special instructions like handling of pets, etc.  There’s even an app for the agent’s phone that will remind them not to let cat out or why a bedroom door is closed.

Sellers will have the option of receiving a tele-call where they can hit 1 for accept the showing or 2 for reject.  Or, they can receive texts where they can accept or reject, or an email, or all 3.  Once the seller accepts the showing agent is instantly notified, so setting up showings can take just a few minutes versus chasing listing brokers and sellers down for hours.  Weekends were especially hairy if the listing office didn’t have personnel to handle showings.

Hot Price Ranges Way Property is Shown in SW Florida

The system has some interesting features.  It can tell an agent which price range is receiving the most showings.  This can be helpful in setting the correct price for a home if the home is on the edge of a price bracket.

The system also contacts showing agents for feedback and generates a nice report for our sellers.  Tracking agents down for feedback used to be difficult but now the system will do it automatically and makes it easy on the showing agent to respond.

We look forward to sharing with our sellers the new seller reports, showing reports, and market statistics we’ll generate on showings.  We can compare this to sold and pending data and spot trends as they develop.  If the market takes a turn, we’ll be able to see if other similarly priced homes are getting showings.

This new service is a win/win for sellers and agents.  Knowing the new rules and how to work the system can mean the difference between selling or watching all the homes around you sell while your home sits.  Take the time to learn the system and make your home accessible.

Good Luck and Happy Showing!

View our July 2014  SW Florida Real Estate Market Update

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By Brett Ellis

RE/MAX Realty Group – Ellis Team

Fort Myers Real Estate Agent

7910 Summerlin Lakes Dr

Fort Myers, FL 33907