Hernando County Florida Home Sales January to March 2016
Home sales in Hernando County Florida have been strong in the first quarter of 2016. A combination of increase in sales and sales prices as well as a decline in the availability of distressed properties point to a stabilizing real estate market with the opportunity for gains to some sellers.
Compared to the same time period in 2015, sales of homes in Hernando County have increased by 11%. At the same time, average and median sales prices have increased. Average sales price increased by 8% and the median sales price increased by 11% compared to the same time period last year.
Homes Sold in Hernando County Florida January to March 2016: 872
Sold Price Range: $7,200 - $700,000
Average Sales Price: $122,598
Median Sales Price: $114,650
Current Inventory of Homes for Sale in Hernando County: 1019
Number of Homes Currently under Contract: 614
Inventory of homes for sale has decreased since last year and is about 5% less than in the first quarter of 2015.
Buyers frequently find themselves in competing offer situations and properties don't stay on the market long before receiving offers as long as they are priced and positioned correctly.
Foreclosure Homes in Hernando County
The number of distressed sales has decreased once again. Of all homes sold in Hernando County from January to March 2016, only 21% were foreclosure, auction or short sale properties, down by 10% from the same time last year. The number of available distressed properties has also decreased and there are 10% fewer distressed homes for sale than last year at this time.
Home sales data is derived from the Hernando County Multiple Listing Service as of 4/7/2016 and believed to be accurate but not guaranteed. Data includes all residential home sales including manufactured homes in Hernando County, Florida.
Looking to Buy or Sell a Home in Hernando County, Florida?
Please contact me for more information about the home sales activity in your neighborhood and how to market your Hernando County home for sale.
If you are looking for a home for sale in Hernando County including Spring Hill, Brooksville, and Hernando Beach, please call me at 352-584-7441 for a current list of homes or visit www.SilviaDukes.com.
For more information about Hernando County Homes and Land for sale including Spring Hill and the communities of Timber Pines, Glen Lakes Golf and Country Club, Silverthorn, and Hernando Beach , please call or visit my website!
Silvia Dukes PA, Broker Associate
Tropic Shores Realty, 3441 Deltona Blvd, Spring Hill, FL 34606
Phone: 352-584-7441 Email: SilviaDFL@yahoo.com Website: www.SilviaDukes.com
Copyright (c) Silvia Dukes 2006-2020. All Rights Reserved.
Listing and real estate market information is current as of the date it was posted but subject to changes.
All content, including text and photographic images, is the exclusive property of Silvia Dukes, P.A. and may not be used without expressed written permission.