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Hernando County Real Estate Market Trends

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  • Contact Information

  • Preferred Property Associates, Inc.
  • Phone
    (352) 688-1303
    Fax
    (352) 610-4477
    Mobile
    (352) 279-3522
  • Preferred Property Associates, Inc.
  • 280 Mariner Blvd.
    Spring Hill, FL 34609

Article

Hernando Market Trends

Breaking News

2009 Final Numbers Are In!
(Stats are Estimates Only)


Single Family Residential
# Sales for Year:  2,432
Average Sales Price:  $112,285
Average Days on Market:  125

Further Break Down of Total Sales:  

873 Foreclosures  

305 Short Sales


Data Obtained From Hernando County MLS

2010 Jan Feb March April May
# Sales for Month 157        
Average Sales Price $104K        
Average Days on Market 132        
2010 June July August Sept Oct
# Sales for Month          
Average Sales Price          
Average Days on Market          
2010 Nov Dec      
# Sales for Month          
Average Sales Price          
Average Days on Market          
Previous Years Stats 2005 2006 2007 2008 2009
# Sales for Year 5001 3,102 2,132 2,041 2,432
Average Sales Price $181K $204K $172K $143K 112K
Average Days on Market 67 92 126 124 125
Building Permit Stats 2005 2006 2007 2008 2009
# Single Family Residence Issued 4,185 2,787 807 378 149
  2010        
* To Date in 2010 13        
 

Buyers and Sellers should understand the Market Trends...
For Buyers 2009 is a Great Time to Purchase!
The good news for Sellers it that homes are Selling - It is all about pricing it correct for Today's Market.


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