Blog

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

As we ended May 2021, our current Hernando County Real Estate SUPER-SIZZLING RED-HOT Seller’s Market continues to set unparalleled records with our extraordinarily low housing inventory levels! As of the writing of this BLOG, ONLY 225 HOMES are FULLY ACTIVE and available for purchase within our Hernando County Multiple List Service!

May 2021 Hernando County Average LIST Price was UP 27% vs May 2020 – REMARKABLE INCREASES CONTINUE!

May 2021 Hernando County Average SALE Price was UP 31% vs May 2020 – UNPRECEDENTED 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 May 2021 May 2020
Total Sales Volume $94,280,164 $62,764,425
Total # Homes Sold 359 312
Average List Price $262,647 $207,349
Average Sale Price $262,618 $201,168
Sale Price/List Price Ratio 100% 97%
Average Days on Market 17 42

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!