With its stunning beaches, warm climate, and various recreational activities, Neptune Beach, Florida, has consistently attracted buyers and investors alike from all over. Whether playing golf at the Jax Beach Golf Club, relaxing at Jarboe Park, visiting the Jacksonville Beach Fishing Pier, or even socializing with a furry friend at the Brewhound Dog Park + Bar, buyers can find numerous ways to relax and have fun in Neptune Beach.
With its numerous offerings and amenities, it’s no shock that the Neptune Beach real estate market is thriving. Those hoping to enter the market and sell their home for a top dollar price might be wondering if there is a best time to sell a house, and the answer is yes. Many factors can affect how long a home stays on the market, including the economy, market trends and conditions, the season, and even the day of the week.
National trends
When listing a home in the United States, timing is everything. The best and worst days to list a home can significantly impact the seller's profit. The best days to list are in May, with the highest seller premiums on May 23rd, 27th, 16th, 20th, and 19th. On these days, sellers nationwide made between 14.9% and 18.3% above the market price on average. A review of 46 million sales data from 2011 to 2021 revealed that the best months to sell a home were May, June, and July, with seller premiums at 12.6%, 10.7%, and 10%, respectively. At the same time, statistics showed that the worst-selling months were October, November, and January, with seller premiums ranging from 5.2% to 6.2%. By timing your home listing correctly, you can increase your chances of a successful and lucrative sale in Neptune Beach.
Neptune Beach trends
When adding your property to the list of Neptune Beach homes for sale, it's essential to consider current market trends. Neptune Beach saw a median home sales price of $1,032,500 in April 2023, a 51.8% increase from the same time last year. At this time, the area saw a total of six closed sales, a decrease of 14.3%. Homes in Neptune Beach are moving quickly, with properties listed on the market spending an average of 33 days — an increase of 200% from the buyer frenzy of April 2022. The median price of single-family residences in April 2023 was $453 per square foot.
In April, Neptune Beach received six new listings on the market and five pending sales. Currently, Neptune Beach is holding out at a housing inventory of 1.2 months, a 16.6% increase since April 2022 and a 3.7% increase since last month. However, inventory is still historically low, so it’s worth noting that sellers may have buyers competing for the same property.
It’s worth noting that Neptune Beach only saw two new listings and two pending sales in December 2022. Homes listed during this time also spent a whopping average of 52 days on the market. However, in May 2022, Neptune Beach’s housing market saw eight homes listed.
If you're looking to sell your Neptune Beach real estate, it's essential to consider the timing of your listing. Data suggests that the best time to sell a house in Neptune Beach would be during the spring and summer months, while the worst time to list would be late fall and winter. When deciding to sell your home, it's important to keep these trends in mind to maximize your potential profits.
Best day of the week to list
When selling Neptune Beach real estate, choosing the right day to list can significantly affect the sale's success. Expert real estate agents suggest that the best day of the week to list a home may vary depending on the marketing strategies and the area. Some agents recommend Wednesday, Thursday, or Friday as the ideal days for listing, with the major emphasis being that the property goes live ahead of weekend open houses. However, many also agree that Thursday at 5 PM is often a great time to list. At the same time, listing early on Monday or Tuesday may be more beneficial if broker tours are held mid-week. To determine the best day to list your property, consult a trusted real estate professional who can provide sound advice based on local real estate market knowledge.
Worst day of the week to list
As you may have noticed in the paragraph above, the weekend was conspicuously missing. This is because the worst days to list a home are typically on Saturdays or Sundays. Many agents already have open houses scheduled for the weekend, so if you wait until the weekend to list, you'll have missed out on buyers who are house hunting that week. You want to give potential buyers ample time to see your marketing materials and get excited about your property.
Prepare for listing
Once you have determined the best day to list your home, it's time to roll up your sleeves and prepare your home. Deep cleaning and decluttering will ensure your home looks its best for potential buyers. Fixing known issues will also show buyers that you are a responsible and proactive homeowner.
Hiring a reputable real estate agent like Maria Wilkes can help guide you through the process and give you valuable insights on what upgrades will bring you the highest return on investment. Once you've made those upgrades, have the main rooms in your home staged so potential buyers can envision themselves living there. Finally, hiring a professional photographer and videographer to handle your listing photos and videos will ensure that your home stands out in online listings. By following these steps, your home will be ready to showcase its greatest potential.
The bottom line
When listing a home in Neptune Beach, timing is critical. To maximize profits and reduce competition, list your home during the spring or summer and on Thursdays or Fridays when buyers have more time to conduct home searches. Avoid Saturdays and Sundays, as many agents have already scheduled open houses for those days. With careful consideration of market trends and expert advice from real estate professionals like Maria Wilkes, you can make an informed decision about the best day to list your property, increasing your chances of success with minimal effort.
For help listing your property, reach out to experienced agent Maria Wilkes to discuss your real estate goals. Maria offers a range of concierge services and marketing strategies for sellers. Contact her today to discuss how she can help you sell your home.
Recommended Reading: 7 Ways to Search for Your First Neptune Beach Home Like a Pro
Recommended Reading: 7 Ways to Search for Your First Neptune Beach Home Like a Pro