Naples Florida Realtor

5 Signs It’s a Good Time to Sell Your Home in Naples

It may surprise you to learn that on average, homebuyers stay in a home for about 10 years – and that’s far less time than most of us have been conditioned to believe. But the reality is that people aren’t afraid to move up, downsize or switch homes to match their lifestyles like they used to be.

So how can you tell if it’s time to sell your home in Naples? This guide dishes up five signs that it may be time for you to put your house on the market and move on

It may surprise you to learn that on average, homebuyers stay in a home for about 10 years – and that’s far less time than most of us have been conditioned to believe. But the reality is that people aren’t afraid to move up, downsize or switch homes to match their lifestyles like they used to be.

So how can you tell if it’s time to sell your home in Naples? This guide dishes up five signs that it may be time for you to put your house on the market and move on.

5 Signs It’s a Good Time to Sell Your Home in Naples

Check out these five signs it’s time to sell your home:

  1. The market is hot for sellers
  2. You no longer want to perform home maintenance
  3. You’ve lived in your home for at least five years
  4. You’ve outgrown your space
  5. Your home is stretching your resources thin

Here’s a closer look at each. 

Sign #1 it’s a Good Time to Sell Your Home in Naples: The Market is Hot for Sellers

If the price per square foot is going up in Naples, and if properties are selling quickly, there’s a good chance that the market is hot – and it may be a good time to sell your home. Those two factors indicate that it’s a seller’s market, which means there are more buyers than there are homes for sale. When that happens, sellers tend to (but don’t always) have an advantage because buyers are willing to compete for homes.

Related: Should you hire a home stager?

Sign #2 it’s a Good Time to Sell Your Home in Naples: You No Longer Want to Perform (or Pay for) Home Maintenance

Home maintenance takes a lot out of the average homeowner. In fact, on average, American homeowners pay about $2,000 in regular maintenance – and that adds up, both in financial terms and in terms of the time you have to spend working on the house. When you’re over the thrill of tightening bolts, fixing leaks and cleaning gutters, it may be time for you to move on to a newer home or one that comes with maintenance included (such as a Naples condo or 55+ community in Naples).

Related: How to add value to your home before you sell

Sign #3 it’s a Good Time to Sell Your Home in Naples: You’ve Lived in Your Home for at Least Five Years

For most people, living in a home for at least five years ensures that they’ve built some equity in the property. If you’ve lived in your home for less than five years, you may have to sell it for just a little more than you owe – and after taxes and real estate fees, such as commissions, you may not make a profit at all. If you’re in a situation where you need to sell your home quickly, talk to your REALTOR®. Your agent will be able to help you sell quickly and at the best possible price.

Related: Why overpricing your home is a huge mistake

Sign #4 it’s a Good Time to Sell Your Home in Naples: You’ve Outgrown Your Space

When you’ve grown but your home hasn’t, things can feel pretty cramped – and that’s a sure sign that you should look for something larger that fits your lifestyle. The opposite is true, too; if you’re ready to downsize because you have too much house on your hands, it’s probably best if you find something better adapted to your everyday use.

Related: What to look for when you buy a condo in Naples

Sign #5 it’s a Good Time to Sell Your Home in Naples: Your Home is Stretching Your Resources Thin

When mortgage payments, taxes and maintenance costs have you struggling to balance your books each month, it’s time to think about making a change. Experts suggest spending no more than 30 percent of your gross monthly income on your home (that’s the amount you bring in before taxes and other deductions come out). If you’re spending more than that, you may be stretched too thin to do other things you want to do – like save for retirement. 

Related: How to prep for a home inspection

Are You Buying or Selling a Home in Naples? 

Selling your home is a big deal, so you need to work with a REALTOR® who can get it right. We know how to market your home to all the right buyers, regardless of its price point. We’ll help you sell your home quickly and at the best possible price!

If you’re looking for a home for sale in Naples, we’re here to help. We specialize in luxury real estate and can show you any listing. In the meantime, please feel free to explore what’s available now:

You can also browse all Naples homes for sale.

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