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Just over twenty-six acres, approximately thirteen acres are approved commercial. Just under 1000 feet of road frontage on Cortez blvd. Property is located less than 3 miles east from main interchange of I-75. Remainder of property has potential to be zoned as office professional. Property currently zoned AG and all offers must be made Subject to Final Plat Approval.

For additional information can be found at Hernando County Real Estate

A overview of market activity for the Hernando County Real Estate market during the month of October 2008 provides a snapshot of current housing conditions. The average selling price of single family home in Hernando County fell to the lowest since tracking stated in Jan 2007. The number of residential homes sold during the month dropped after a jump in September. In the comparison between listing price and sales price of homes closed, the variance held under eleven thousand during the month. The absorption rate that calculates how long it will take to exhaust all current listings rose to twenty one months after falling to the lowest of the year in September. A slight increase in the price per square foot in the cost of living space, provides a snapshot…

A recap of the Hernando County Real Estate Market for September 2008, shows the average sales price of an existing; single-family homes fell to the lowest in months. Home sales during the same period rose to one hundred and sixty four sales, a increase from the past two months. In the comparison between listing price and sales price of homes closed, the variance fell to just above ten thousand dollars during the month. The absorption rate that calculates how long it will take to exhaust all current listings, is currently at seventeen months. A continued drop of price per square foot cost of living space provides a snapshot of dollar value of living space regardless of features.

The market continues to change with, buyers having more…

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 available…

 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.

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.

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.

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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