What’s the Best Time of Year to Sell a Home in Florida?

What’s the Best Time of Year to Sell a Home in Florida?

Below, we’ll explore why based on how well Florida homes sold in 2022. Unless otherwise noted, data comes from the Florida Realtors market data.

 

Florida is a desirable state to move to, which is good news if you’re hoping to sell your Floridian home. In fact, in 2022, Florida had the largest net population gain of any other state, with an estimated 319,000 people moving there. However, that doesn’t mean you should just list your property whenever. Timing the sale well can help you sell quickly and for top dollar.

Our research suggests that the best time to sell your home in Florida is from the middle of Spring to the beginning of Summer. In particular, May is a great month for home sellers in Florida.

Florida Home Sale Stats in 2022

For comparison, let’s start by looking at Florida single-family home sales statistics from 2022:

  • Closed sales: 287,352
  • Median time to contract*: 14 days
  • Median time to sale**: 56 days
  • Average sale price: $562,442
  • Median sale price: $402,500

*Time to Contract: Number of days between the listing date and contract date for all closed sales during that month

**Time to Sale: Number of days between the listing date and closing date for all closed sales during that month

connect with an agent

Finding a real estate agent that understands your needs is the first step to a successful real estate transaction. Here at SquareFootHomes we take extra care to make sure our clients are completely satisfied.

Connect with one of our agents today so we can get to know one another.

Best Time of Year to Sell a Home in Florida for Speed

Perhaps you care most about selling your home quickly. If that’s the case, May and April are the best months to sell.

Single-Family Homes Median Time to Sale & to Contract by Month in Florida

Time Period Median Time to Contract in Days Median Time to Sale in Days
2022 Overall 14 56
January 14 58
February 12 54
March 9 49
April 8 48
May 9 48
June 10 50
July 12 52
August 16 57
September 22 63
October 25 70
November 29 75
December 34 78

Key takeaways:

  • Homes sold the fastest in April and May
  • Homes went to contract the fastest in April
  • Homes sold quicker than usual from February to July

Best Time of Year to Sell a Home in Florida for Top Dollar

If you’re hoping to get the best price for your home in Florida, data suggests that May is the best month to sell your home. In 2022, the median sale price of homes sold in May was $420,000. The average sale price was $602,558. That’s $40,116 more than the yearly average.

Monthly 2022 Sales Prices of Single-Family Homes in Florida

Time Period Median Sale Price Average Sale Price
2022 Overall $402,500 $562,442
January $375,000 $530,419
February $381,481 $543,977
March $396,558 $571,245
April $410,000 $597,718
May $420,000 $602,558
June $420,000 $595,253
July $412,303 $562,611
August $407,000 $555,148
September $403,880 $532,772
October $401,990 $547,307
November 400,000 $535,230
December $395,000 $527,919

Key takeaways:

  • Homes sold for more money than average from March to July
  • Homes sold for more than the annual median value from March to September
  • Homes sold for far less than average in November, December, and January
  • Homes listed in the best month (May) vs. the worst month (December) sold for $74,639 more on average

Best Time to Sell a Home in Florida by Location

Where your home is located in Florida can also affect the best time to sell. The chart below shows us the median price of single-family homes sold in 2022, broken down into Florida Metropolitan Areas.

  • Q1: January, February, March
  • Q2: April, May, June
  • Q3: July, August, September
  • Q4: October, November, December

Median Price of Single-Family Homes Sold in 2022 by Florida Metropolitan Area

Metropolitan Area 2022 Q1 – 2022 Q2 – 2022 Q3 – 2022 Q4 – 2022
Cape Coral-Fort Myers MSA $430,000 $420,000 $460,100 $420,000 $414,290
Crestview-Fort Walton Beach-Destin MSA 420,000 $415,000 $439,950 $413,730 $403,743
Deltona-Daytona Beach-Ormond Beach MSA $349,900 $330,000 $354,945 $358,900 $353,778
Gainesville MSA $340,000 $310,000 $357,250 $349,500 $330,000
Homosassa Springs MSA $277,000 $267,950 $286,000 $280,000 $274,900
Jacksonville MSA $386,500 $365,945 $396,000 $398,000 $386,000
Lakeland-Winter Haven MSA $335,000 $320,000 $342,990 $340,048 $338,258
Miami-Fort Lauderdale-West Palm Beach MSA $557,500 $530,000 $589,000 $570,000 $550,000
Naples-Immokalee-Marco Island MSA $782,000 $745,000 $850,000 $746,635 $802,500
North Port-Sarasota-Bradenton MSA $505,572 $480,000 $515,000 $513,690 $520,000
Ocala MSA $280,000 $267,360 $285,000 $285,000 $280,000
Orlando-Kissimmee-Sanford MSA $420,000 $399,942 $430,000 $425,000 $422,745
Palm Bay-Melbourne-Titusville MSA $356,400 $333,750 $363,693 $368,540 $355,000
Panama City MSA $353,625 $338,450 $359,250 $367,500 $350,250
Pensacola-Ferry Pass-Brent MSA $325,000 $315,450 $330,900 $330,000 $316,278
Port St. Lucie MSA $400,000 $379,450 $410,000 $410,000 $399,540
Punta Gorda MSA $388,900 $376,275 $400,000 $381,100 $392,796
Sebastian-Vero Beach MSA $375,000 $365,000 $395,000 $374,700 $366,833
Sebring MSA $250,000 $241,250 $261,000 $250,000 $250,000
Tallahassee MSA $310,000 $296,500 $310,000 $319,000 $315,000
Tampa-St.Petersburg-Clearwater MSA $400,000 $379,900 $411,000 $405,050 $399,000
The Villages MSA $379,995 $366,500 $395,000 $390,500 $355,000

Key takeaways:

  • Q1 (January, February, and March) is the worst time to sell a home across the state of Florida based on the median price
  • Homes in West Palm Beach county sold for more money during Q2 (April, May, and June)

So…When is the Best Time of Year to Sell Your Home in Florida?

Overall, sellers had the most success with quick and lucrative sales during May.

Of course, not everyone can list their home for sale in May. Listing anytime from April to July offers the best chance of success. Market data shows that homes sold during this time sold for more than the median and average sales price of all homes sold in Florida in 2022. They also sold faster, with fewer days than the median to sale and to contract.

Homes sell well during these months for a number of reasons, including:

  • Buyers want to move to a new home before the school year begins
  • The nice weather makes house-hunting more appealing to buyers
  • People are in the market for vacation homes

It’s also worth noting that December and January were the most difficult months for selling a home in Florida. Homes sold for less than average and stayed on the market longer.

Other Factors that Affect Home Sales in Florida

When to sell isn’t the only factor to consider in the home-selling process. Several factors influence how quickly your home sells and for how much money. The following tips and articles can help you find success as a home seller in Florida:

Speak with a realtor

Looking for help buying or selling a home?

  • Get advice on buying a home
  • Get top value when selling your home

    Out side us

    Also include Communities with Similar Homes