As of the writing of this BLOG, 346 HOMES are fully active and available for purchase within our Hernando County Multiple List Service, increasing from the previous APRIL BLOG count of ONLY 261 HOMES. As our local Seller’s Market continues, it is important to keep an eye on how our local market is impacted by rising interest rates, increasing home inventory levels and other economic factors. Check out the various market trend comparisons below for Hernando County:
May 2022 vs May 2021 – Hernando County Average LIST Price UP 29%
May 2022 vs May 2021 – Hernando County Average SALE Price UP 31%
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).
| Housing Market Trends | May 2022 | May 2021 |
|---|---|---|
| Total Sales Volume | $118,043,956 | $99,074,964 |
| Total # Homes Sold | 345 | 378 |
| Average List Price | $339,350 | $262,243 |
| Average Sale Price | $342,156 | $262,103 |
| Sale Price/List Price Ratio | 101% | 100% |
| Average Days on Market | 11 | 17 |
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!