Hernando County Real Estate Market Report September 2008
Posted Oct 20, 2008 @ 11:54 pm, Viewed by 342 Visitors, Read 352 Times.
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 opportunity to negotiate for a home they want and sellers will have to adjust their expectations for profit to the new reality. I prepared the following graphs to detail the current and past conditions in the Hernando County Real Estate market. The information provided here is general and may not reflect the same trend in every community.
Existing home sales
Sales variance
Hernando County Absorption Rate
Average Sales Price
Price per square foot
Chris Frantz
Exit Success Realty
13111 Spring Hill Dr.
Spring Hill, Florida 34609
Hernando County Real Estate
Spring Hill Real Estate
*information deemed reliable but not guaranteed.
Hernando County Real Estate Buy or Sell in Hernando County with Chris Frantz of Exit Success Realty. Search to find Hernando County homes for sale in Spring Hill, Brooksville, Weeki Wachee, Ridge Manor, Pine Island & Hernando Beach. Homes for sale in Spring Hill
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As a Realtor Associate with Exit Success Realty, I specialize in working with real estate buyers and sellers in Hernando County Florida. I am committed to making the buying and selling a pleasurable and rewarding experience. Read More
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