The infographics below, from FLORIDAREALTORS.org, details “Time Trends” from 2012 to the first 5 months of 2016 … IF you are considering selling OR purchasing a home in Hernando County FL, having access to the ever-changing local market conditions is of utmost importance … Having clear and concise local market data can help you make informed decisions on both the selling and the buying side.

The bar graphs illustrate fluctuations in the market for Hernando County Single Family Homes that have been listed and/or sold using the professional services of a REALTOR:

Inventory of Active Hernando County Single Family Homes (non-distressed listings)

Median Sale Price of Hernando County Single Family Homes (non-distressed sales)

Summary: The graphs illustrate a continued decrease in Hernando County single family housing-inventory levels. This all-time low of available homes continues to push the County’s median sale prices in an upward direction. Buyers are often finding themselves dealing with competing multiple offers and bidding wars over the limited number of available homes to purchase.

We hope you found this post to be helpful, informative and interesting … Watch for our next BLOG POST on July 28th covering 7 Ways to Survive in a Seller’s Market.

To learn more about Tampa Bay area homes for sale in Spring Hill and Brooksville, located in Hernando County, Florida, visit us at www.GailSellsFloridaHomes.com… Be sure to check out our custom, state-of-the-art, MLS Map Search Feature, which you’ll find to be fully functional on any and all of your devices!