Miami Beach Real Estate: Best Time To Sell

MIAMI BEACH, 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 Miami Beach, for example, differs from Miami, Pinecrest and Palmetto Bay.

"If you list your Miami Beach home in November you could sell your house 11 days sooner than if you listed in any other month," according to HomeLight.

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The same holds true for price.

"If you list your Miami Beach home in January you could sell your house for 8.45% more than the yearly average," HomeLight said.

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 Miami Beach home on Realtor.com. The home is located at 4775 Collins Avenue, Apt. 2102. Visit Realtor.com for more information.