soldbychris' Blog: All Categories

If you are buying or selling property in the Hernando County Real Estate Market.  The following graphs provides you with some detailed history and current market conditions.  With the ever changing real estate market buyers and sellers need to be informed.  Having information about market trends will assist you in making the best choice. 

 

The existing homes sales in Hernando County dropped to the second lowest since January of 2007.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ABSORPTION RATE - An estimate of the rate at which a particular classification of space - such as new office space, new housing, new condominium units and the like - will be sold or occupied each year.

The Hernando County Market Absorption Rate shows around 2 years worth of…

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 The Hernando County Real Estate Market Sales History update for the month of July indicates that homes sales have slowed.  With May showing the highest in almost 1 year.  The July numbers show only 146 existing homes have sold in the month.

 

 

 

For more detailed information about Hernando County Real Estate.  Contact Chris for a Market Analysis of your property today.

*information deemed reliable but not guaranteed.

 

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Are you looking to buy or sell in the Hernando County Real Estate Market.  Here is the Hernando County Real Estate Market Summary for June 2008. 

 Jun-08
Total List Price
$28,790,989
Total Sold Price
$26,577,890
Highest List Price Monthly Average
$629,900
Highest Sold Price Monthly Average
$618,046
Lowest List Price
$24,900
Lowest Sold Price
$18,000
Median List Price
$144,000
Median Sold Price
$138,000
Average Days on Market
116
Average List Price
$160,844
Average Sold Price
$148,480
Homes Closed
179
 

For more detailed information about Hernando County Real Estate.  Contact Chris for a Market Analysis of your property today.

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What is Absorption Rate?

Absorption rate is the ability of the real estate market to sell off all of the homes that are for sale in a given time frame.

If you are buying or selling in the Hernando County Real Estate Market, the following graph details the current and past Absorption rate for Single family homes in Hernando County.

 

 

For a analysis on your homes current market value contact Chris at Hernando County Real Estate

 *information deemed reliable but not guaranteed.

 

 

 

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Hernando County Real Estate Market for June 2008.

The numbers for June 2008 are showing a slide in the average price of homes closed.  With a drop around eleven thousand over the previous month the numbers show that it is still a buyers market. 

 

 

                                                                                                                                                                           

 

 

The List to sell variance decreased for the month from a eighteen month high.  The numbers hint that sellers are still overpricing their homes.

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Spring Hill Real Estate Market Report for May 2008

   May-08 Total List Price $15,515,573 Total Sold Price $14,637,086 Highest List Price Monthly Average $335,000 Highest Sold Price Monthly Average $325,000 Lowest List Price $53,000 Lowest Sold Price $50,000 Median List Price $149,900 Median Sold Price $142,000 … Read Full Post

The Hernando County Real Estate Market Report for May 2008 shows a small dip since April but still increased from the first three months of the year.  With more homes being closed the consumer is taking advantage of the affordable home prices.

 

 

 

 Sellers are still accepting a greater variance from the listing price.  May of 2008 posted over a $15,000 difference in selling price vs listing price.

 

                                                                                                 

 

 

For more information on the Hernando County Real Estate Market contact

Chris Frantz
Exit Success Realty
13111 Spring Hill Dr
Spring Hill Florida 34609
352-686-2222

*information deemed reliable but not guaranteed.
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The Hernando County Real Estate Market continues to show signs of improving.  Closings are up at 193 for the month while average home price fell a from the previous month.  The continued growth in the number of sales helps push the absorption rate to 19 months of inventory. 

 

   May-08 Total List Price $33,593,277 Total Sold Price $30,614,952 Highest List Price Monthly Average $3,200,000 Highest Sold Price Monthly Average $2,225,000 Lowest List Price $20,000 … Read Full Post