As we ended June 2021, our current Hernando County Real Estate Market continues with double-digit increases even though JUNE’s 2021 Average List Price (up 20.5%) and Average Sale Price (up 24.2%) percentages dropped a bit in comparison to MAY’s 2021 Average List Price (up 27%) and Average Sale Price (up 31%). This trend might be signaling a “leveling-off or cooling” of what is still considered to be an HISTORICAL RED-HOT Seller’s Market.
Our extraordinarily-low housing inventory levels also continue and, as of the writing of this BLOG, ONLY 250 HOMES are FULLY ACTIVE and available for purchase within our Hernando County Multiple List Service!
June 2021 Hernando County Average LIST Price was UP 20.5% vs June 2020 – DOUBLE-DIGIT INCREASES CONTINUE!
June 2021 Hernando County Average SALE Price was UP 24.2% vs June 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).
|Housing Market Trends||June 2021||June 2020|
|Total Sales Volume||$96,281,649||$80,227,989|
|Total # Homes Sold||371||384|
|Average List Price||$259,047||$214,988|
|Average Sale Price||$259,519||$208,927|
|Sale Price/List Price Ratio||100%||97%|
|Average Days on Market||18||44|
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!