Do Cold Fronts Affect Sarasota Mobile Home Sales?

It has officially been winter in the Sunshine State now for several weeks but just recently temperatures have dropped to record lows for the Winter Season.

With the winter season cooling us all off, does that mean that the mobile home sales temperatures, that have been red hot throughout Sarasota Florida, are cooling off as well?

The easy answer to that is, well, it depends.

Mobile homes on leased land are viewed as and taxed as personal property in the state of Florida. What this means is that when someone goes to buy the home they are purchasing the property itself and not the land that the mobile home is attached to. This purchase, in the state of Florida, is the same purchase process of that of a vehicle.

The reason why we mention this when discussing the current temperature of Sarasota Florida mobile home sales is because when someone sells personal property, like a mobile home on leased land, then there is no public place that the sale price or the date of sale needs to be recorded.

This differs quite a bit then in traditional Sarasota Florida real estate.

In this type of transaction then the actual price and date for which the home has been sold needs to be recorded within the county that the home was sold in. Having this information readily available is what real estate professionals will refer to when discussing what “comps” are to their clients.

With the sale of mobile homes on leased land throughout Sarasota Florida this process is not required since the property is registered at the Department of Motor Vehicles.

What we have seen throughout the greater Sarasota Florida area with these cool temperatures are that it is coming right in the middle of snow bird season. Traditionally, snow bird season falls between the end of October and runs until the middle of April. The majority of these folks who “snow bird” from up North are in the general Sarasota Florida area from early January until the end of March.

During this time period we usually see a rise in listings from full time residents of the Sarasota Florida area who are looking to sell their mobile home to a new snow bird who has fallen in love with all that the Sarasota area has to offer.

What many of these Sellers will do is they will wind up sitting on their property without a whole lot of activity until the last month or so of the snow bird season. The reason for this that most snow birds will have a place they are going to spend the season at already lined up before they come down. Once they are here they are not looking to buy a mobile home right away as they just got settled in to their seasonal home.

Here, we see mobile homes usually sit on the market for longer then what they would the remainder of the year.

Snow birds usually look to buy in March and April right before they head back to the North for the summer months. This is when the majority of these mobile home listings sell as the snow birds usually want to have a place already lined up for the coming winter.

So, do lower temperatures within the greater Sarasota Florida area affect home sales? Yes, but not totally due to the fact that the temperatures are cooler, the home sales slow down because many of the snow bird Buyers are holding off until they are closer to heading back North to their permanent residence.

Regardless of when these snow birds look to purchase their new Sarasota Florida mobile home it is important that all Sellers realize that if they do not start getting their home ready to sell here soon and wait too long then they could very well be holding on to their home for months longer then they expected.

This is Mark Kaiser with The Mobile Home Dealer and we help mobile home Buyers and Sellers get to a better place in life.

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