March, April and May invariably lead the pack when counting the number of condo closings each year by month. Once again in 2016 they were the busiest months for closings in Jupiter with over 32% of all sales during this 92 day stretch. Going back over the past 7 years the trend is about the same with 34% of all condo sales in Jupiter closing between March 1st and May 31st.
So here we are on January 4th, why do we get going now if the big sales months are still almost 2 months away. First, it is going to take you a little time to schedule interviews with real estate brokers. Then to take their advice on staging, decluttering and scheduling photos and the clock keeps ticking. Then you still need to get the brokers marketing machine working to find a buyer who is willing, ready and able to pay your price.
Even though about 62% of Jupiter condo sales closed for cash last year it still takes between 30 and 45 days between going to contract and the actual closing. We see a few go quicker but with required association approvals that is fairly rare. With association approval, inspections and potential loan underwriting it all takes time. Once you add these time lines together you will see that someone who is thinking about selling a condo today in Jupiter had better get moving if they want to hit the historical hot spot of this market.
So if you are thinking about selling a Jupiter condo you need to get moving. Remember to interview at least three real estate brokers and ask a lot of questions. Find out what they are going to charge you and what their marketing plans will look like. Ask questions and find someone you trust with what is a big financial decision. If you want to walk away with the best price the time is perfect for you to do just that. If your condo is anywhere in Palm Beach or Martin County the numbers are about the same and Paradise Sharks would be honored to be on your interview list. We never charge our clients over 5% and are happy to show you our track record. Contact us anytime at 561.308.0175 or firstname.lastname@example.org.