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July 2021 vs. July 2020 Housing Market Snapshot for Hernando County, FL

As we ended July 2021, our extraordinarily-low housing inventory levels continue in this HISTORICAL Seller’s Market. ONLY 259 HOMES are FULLY ACTIVE and available for purchase within our Hernando County Multiple List Service as of the writing of this BLOG.

July 2021 Hernando County Average LIST Price was UP 24% vs July 2020 – RED-HOT SELLER’S MARKET CONTINUES!

July 2021 Hernando County Average SALE Price was UP 27% vs July 2020 – DOUBLE-DIGIT INCREASES CONTINUE!

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 July 2021 July 2020
Total Sales Volume $101,009,093 $88,940,854
Total # Homes Sold 374 418
Average List Price $270,955 $217,723
Average Sale Price $270,077 $212,777
Sale Price/List Price Ratio 99.7% 97.7%
Average Days on Market 12 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!