Palmetto Bay
Market Activity $700k-$900k
The price range from $700,000-$900,000 in Palmetto Bay has become one filled with lots of inventory. With the number of Pending Contracts in the single digits for the past 5 months, Sellers have to very aware of the surrounding competition. When only a few homes are going under contract per month, your presence both online and in-person must be “show ready”. Paint those dark colors, start to take bulky items out of the house, give it the “hotel look”. Buyers are out there! Take your time over these next 4-5 weeks getting your house ready. The market will be sluggish through the holidays, especially if your house has been on the market for over 100 days. Time to refresh!!!