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March 2021 vs March 2020 Housing Market Snapshot for Hernando County, FL

As we ended March 2021, the 13TH MONTH of the COVID-19 Pandemic, our current Hernando County Real Estate PIPING RED-HOT Seller’s Market continues to set unparalleled records with our historically-low housing inventory levels! As of the writing of this BLOG, ONLY 202 HOMES are FULLY ACTIVE and available for purchase within our Hernando County Multiple List Service!

March 2021 Hernando County Average LIST Price was UP 18.6% vs March 2020 – DOUBLE-DIGIT INCREASES CONTINUE!

March 2021 Hernando County Average SALE Price was UP 19.9% vs March 2020 – HISTORICAL 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.

*Data was compiled from reports within the Hernando County Multiple Listing Service and assumed to be accurate.
Housing Market Trends March 2021 March 2020
Total Sales Volume $107,171,545 $77,619,543
Total # Homes Sold 441 383
Average List Price $246,942 $208,169
Average Sale Price $243,019 $202,661
Sale Price/List Price Ratio 98.4% 97.4%
Average Days on Market 27 47

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!

About Gail Spada

Gail Spada’s real estate career began in 1990 and it didn’t take long for Gail to discover her love for the industry. In 2001, she began her real estate sales profession with Century 21 Alliance Realty in Spring Hill, FL. Gail has worked diligently to stay on top of her game. She is a Florida Licensed REALTOR® and has earned the following designations/certifications to include: GRI (Graduate Realtor Institute), ePRO (Internet Savvy Real Estate Specialist), AHWD (At Home With Diversity – One American) and SFR. It is that well-rounded training and experience, coupled with her intimate knowledge of the Hernando County real estate market, that enables Gail to deliver results to her customers.