Right now is a great time to sell your Siesta Key home or condo. Take one walk down the powdery white sandy beaches or a boat tour around the key and you will understand why Siesta Key real estate is in such high demand. Paying attention to the seasons when selling your home needs to be taken into consideration. With winter residents seasonally increasing southwestern Florida’s population by as much as 22% each year, chances are that your buyer will be a seasonal or aspiring seasonal resident. The usual peak for sales is from December into the beginning of May. The market trends for single family homes indicate that the total number of sales is up 3.64% from last year, but down 29.84% for current listings and the month’s supply is down from 10.1 to 6.9. The condo trends indicated that total condo sales are down 5.32%, there are 35.8% fewer current listings and the month’s supply went from 5.5 to 3.8. Even though the condo sales were down the average sales price increased, making it a great time to sell.
