HELLO NEIGHBORS,

Spring is the season of beginnings and an ideal time for exploring new home options or refreshing your current surroundings. We hope you will find inspiration as you explore the latest collection of distinctive homes, contemporary design trends and innovative products and services in this edition of YOUR HOME.

A renewed focus on quality of life continues to bring buyers from around the US to the Paradise Coast. Two of the key indicators for upcoming market trends are supply and average number of days properties stay on the market. While the inventory in SWFL is still low, DOM (days on market) has increased. Despite the impact of Hurricane Ian, our local real estate market continues to outperform national averages. Our prices have been holding steady or declining just slightly, but their direction for Q3 and Q4 of 2023 is undetermined. We are transitioning from the strong seller’s market of the last few years to a balanced market.

Sellers who list now will capture the advantage of the Spring market momentum to tap the value of their equity while buyer demand and prices both remain high. The season will also bring fresh opportunities for buyers who will see their options expand as more homes are listed.

Our team of experts is ready to help you to discover your own real estate possibilities. Orchid is committed to helping buyers to find their SWFL dream and dedicated to selling Miromar Lakes homes for top prices.

From our family to yours, best wishes!