As we ended February 2021, the 12TH MONTH of the COVID-19 Pandemic, our current Hernando County Real Estate RED-HOT Seller’s Market continues to set unparalleled records, even with our historically-low housing inventory levels! As of the writing of this BLOG, ONLY 247 HOMES are fully active and available for purchase!
February 2021 Hernando County Average LIST Price was UP 21.5% vs February 2020 – RECORD-SETTING INCREASES!
February 2021 Hernando County Average SALE Price was UP 22.4% vs February 2020 – SELLER’S MARKET CONTINUES!
THE Gail Spada TEAM continually tracks our local market trends to help buyers and sellers stay on top of our ever-changing and complex real estate market. The chart below illustrates trend comparisons for single family homes, condos, townhomes, villas and manufactured homes listed in the Hernando County Multiple List Service (MLS). Please note that listings identified as mobile homes are not included in the totals.
|Housing Market Trends||February 2021||February 2020|
|Total Sales Volume||$66,974,951||$59,384,799|
|Total # Homes Sold||280||304|
|Average List Price||$243,518||$200,462|
|Average Sale Price||$239,196||$195,344|
|Sale Price/List Price Ratio||98.2%||97.4%|
|Average Days on Market||35||48|
We hope you found this post to be helpful, informative and interesting … Stay informed by checking out our local Hernando County Market Conditions on a regular basis.
Thinking of SELLING or BUYING a home in the Spring Hill, Brooksville, Weeki Wachee or the Hernando Beach areas of Hernando County, Florida? Check out our Aerial Video Tour of Hernando County to see what our County has to offer you and your family! Visit www.GailSellsFloridaHomes.com to explore our state-of-the-art MLS Map Search Feature where BUYERS can SEARCH MLS listings and SELLERS can SEE what their competition is doing!
Until then… it’s all about YOU!