Florida Real Estate Seasonality

A few times a year I get a newspaper clipping at dinner or an email from my Mom warning about shark attacks. She knows I like to swim in the ocean to relax and is certain I will literally become “dead meat”. I’m not too concerned as the real number of victims is around ten people worldwide. Jaws and Steven Spielberg though thoroughly baked that propaganda in my worried Mom’s head. The real fear though comes in the form of Irving. Irving is a first-time snowbird or renter from New Jersey and is clueless about our roundabouts. If you are riding a bike in the 2-inch bicycle lanes or trying to navigate your way through the dreaded roundabout – that is a much more realistic horror flick.

Last week when I was in North Dakota and Minnesota I was lucky to see the start of fall colors. Some in Florida say they miss the signs of fall. They are all wrong. In ten days you will see the fall colors. Metallic silvers, shiny blacks, and bright reds. Yes, the car transporters carrying six automobiles in their metal branches on wheels. This is the sign of Florida fall and the changing of seasons. Start watching yourself on the road and it’s back to reservations and going early to restaurants.

For Sellers and Buyers it’s important to know how seasonality works when buying or selling for timing purposes. If you are considering selling this year, you also need to know what your home is worth. There are AVM’s (automated Valuations Models) that help but did the fellow or gal from Zillow ever come to your house to look at it? Do they know you replaced the roof or have a new kitchen? Of course not. That’s why when we look at your property, we go much deeper. If you want a free valuation of what the sale of your home might bring this season, you can find out here. I promise we won’t bite!

Jeff Lichtenstein, originally from Chicago, got his start in the home furnishings textile business where he traveled over 35 weeks a year selling fabrics. After the family business was sold, Jeff moved to Florida and became a real estate agent. Today he is the owner and broker of Echo Fine Properties, a luxury residential brokerage voted best brokerage of the year. Jeff manages a non-traditional model of real estate that mimics a traditional business model. Echo has 80 agents, an average of one million dollars per transaction and over 500 million in annual sales. Between traveling for work and annual family trips to national parks with his wife and 2 now adult children, Jeff has visited 49 states. He is also one of the few Chicago White Sox fans you’ll ever meet. Some publications he has been quoted in.

Author of business & leadership book How Making a Sandwich Can Change Your World – The Amazing Success of the PB&J Strategy – Available to Buy Now!

Feel free to ask him a question directly at [email protected] including a complementary valuation of your home.

Posted in Jeff's Journal, Real Estate Tips, Seasonality on October 6, 2023 at 9:51 am.

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Days on MarketDOM

40Days | 67%

Active InventoryAI

5,257 Homes | 54%

Median Sales PriceMSP

$617,500 | 2%

New ListingsNL

1,597 Homes | 8%

Closed SalesCS

1,113 Homes | -11%

Dollar VolumeDV

$1.1B | 0%

Months of InventoryMOI

4.7 Months | 62%

Pending SalesCS

1,102 Homes | -8%

Florida Real Estate Seasonality