Market Report Hernando County November 2008

Posted: under Hernando County Real Estate.
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Home sales in Hernando County for November 2008 maintained the same as October. The average sales price of an existing; single-family homes dropped over to just above one hundred twenty thousand which remains the lowest of the two years tracked. The variance between average listing price and average sales price of homes closed held steady from the previous month to around ten thousand dollars. The absorption rate that calculates how long it will take to exhaust all current residential listings, dropped to twenty months of inventory. The absorption rate maintained due to the active inventory and sales numbers remaining steady from the previous month. The average price per square foot for homes sold during the month recorded a large drop from seventy eight dollars to just above seventy one dollars per square foot.

The market continues to make changes, buyers have more opportunity to negotiate for a home they want. Sellers will have to adjust their expectations for profit to the new reality.

The graphs 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

Sold vs list price

Working with buyers and sellers to assist you in your next home purchase or sale in Hernando County Real Estate. I can determine the current market value of your home to ensure it is priced to sell.

If your planning to purchase in a community I can provide a market analysis of current market conditions in the neighborhoods to determine a competitive offer to submit. With over ten years of experience in the real estate industry as a licensed agent. I will assist you in your next home purchase or sale in the communities of Spring Hill, Weeki Wachee, Brooksville, Hernando Beach or Ridge Manor. My internet marketing experience and knowledge of current market conditions provides me with an advantage that benefits you the customer.

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.

Comments (0) Jan 06 2009

Hernando County Real Estate Market Report October 2008

Posted: under Hernando County Real Estate, Spring Hill Real Estate Terms.
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Home sales in Hernando County for October 2008 is at the third lowest for the year. The average sales price of an existing; single-family homes is at the lowest point in two years. The variance between average listing price and average sales price of homes closed held steady from the previous month to around ten thousand dollars. The absorption rate that calculates how long it will take to exhaust all current residential listings, jumped to twenty one months of inventory due to falling home sales during the month. The average price per square foot for homes sold during the month rose slightly to just about seventy eight dollars a square foot.

The market continues to make changes, buyers have more opportunity to negotiate for a home they want. Sellers will have to adjust their expectations for profit to the new reality.

The graphs 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

Sold vs list price

Working with buyers and sellers to assist you in your next home purchase or sale in Hernando County Real Estate. I can determine the current market value of your home to ensure it is priced to sell.

If your planning to purchase in a community I can provide a market analysis of current market conditions in the neighborhoods to determine a competitive offer to submit. With over ten years of experience in the real estate industry as a licensed agent. I will assist you in your next home purchase or sale in the communities of Spring Hill, Weeki Wachee, Brooksville, Hernando Beach or Ridge Manor. My internet marketing experience and knowledge of current market conditions provides me with an advantage that benefits you the customer.

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.

Comments (0) Dec 01 2008

Hernando County Real Estate Market Report October 2008

Posted: under Hernando County Real Estate, Spring Hill Real Estate Terms.
Tags: , , , , ,

A view of October 2008 market activity for the Hernando County Real Estate market shows the average selling price of single family home in Hernando County dropped to the lowest in months.  The number of homes sold during the month dropped after a jump in September.  Homes sold during the same period fell from the previous to the fourth lowest of the year. In the comparison between listing price and sales price of homes closed, the variance held under eleven thousand during the month. The absorption rate that calculates how long it will take to exhaust all current listings rose to twenty one months after falling to the lowest of the year in September.  A slight increase in the price per square foot in the cost of living space, provides a snapshot of dollar value of living space regardless of features.

As the market continues to make changes, buyers have more opportunity to negotiate for a home they want and sellers will have to adjust their expectations for profit to the new reality.

The following graphs are a overview of current and past conditions in the Hernando County Real Estate market.  It includes existing residential home sale in Spring Hill, Brooksville, Ridge Manor, Weeki Wachee, Hernando Beach and all communities in Hernando County. 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

Sold vs list price

Request a more detailed analysis on property to find its current market value.  I will provide a neighborhood price comparison on a community that you are planning a purchase to ensure your purchase is within current market value. With over ten years of experience in the real estate industry as a licensed agent. I can assist you in your next home purchase or sale in the Hernando County communities of Spring Hill, Weeki Wachee, Brooksville, Hernando Beach or Ridge Manor. My experience with Internet marketing and knowledge of current market conditions provides me with an advantage that benefits you the customer.

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.

Comments (0) Nov 19 2008