Coral Gables Real Estate: Best Time To Sell

CORAL GABLES, FL — Timing is everything in life and real estate is no exception, according to San Francisco-based real estate referral company HomeLight. The firm found differences in the best times to sell homes based on location even in the case of communities that are relatively close to one another. The best time to sell a home in Coral Gables, for example, differs from Miami, Pinecrest, Palmetto Bay and Miami Beach.

"If you list your Coral Gables home in May you could sell your house 7.9 days sooner than if you listed in any other month," the service advised. "

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The same holds true for price.

"If you list your Coral Gables home in January you could sell your house for 7.70 percent more than the yearly average," according to HomeLight.

The firm said its findings are based on an algorithm. Visit the Best Time to Sell Calculator for more information.

"HomeLight’s calculator draws an analysis of more than 30 million residential real estate transactions where market trends, such as sales prices and average number of days on the market are compiled to provide a customized recommendation for the geographic area searched."

HomeLight told Patch that data can even vary by neighborhood.

"The reason why the best time varies, even when the communities are close to one another, is because Homelight looks at the data specific to those neighborhoods where the best time to sell a house changes from market to market," the company said.

We found this Coral Gables home on Realtor.com. The home is located at 600 Coral Way, Unit Fl 15. Visit Realtor.com for more information.