OCTOBER 2020 Hernando County Housing Market Trends Are In … Even as we enter the 8TH MONTH of the COVID-19 Pandemic, our Hernando County Real Estate Market continues to set unprecedented increases … Still, with ONLY 438 HOMES available for sale in our Hernando County MLS as of Oct 31st, our Seller’s Market continues to set record numbers!!
October 2020 Hernando County Total Sales Volume was UP 24% vs October 2019 – UNPRECEDENTED SELLER’S MARKET!!
October 2020 Hernando County Average Sale Price was UP 20% vs October 2019 – CONTINUED UNBELIEVABLE INCREASES!!
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.
| Housing Market Trends | October 2020 | October 2019 |
|---|---|---|
| Total Sales Volume | $92,254,449 | $74,528,799 |
| Total # Homes Sold | 397 | 385 |
| Average List Price | $233,058 | $199,467 |
| Average Sale Price | $232,378 | $193,581 |
| Sale Price/List Price Ratio | 99.7% | 97.0% |
| Average Days on Market | 35 | 44 |
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!