July 2009 Real Estate Market Report: Hernando Beach, Florida

Inventory of homes for Sale in Hernando Beach, Florida, remained stable in July. With seven closed transactions there was an increase over June; however, the number of properties under contract decreased. With 45 homes, the majority of the homes for sale in Hernando Beach, Florida are priced in the $200,000 to $400,000 range. Only eight are offered below $200,000 and 26 are offered above the $400,000 mark.

Hernando Beach is residential boating and fishing community offering a wide range of home styles along saltwater and freshwater canals as well as waterfront homes with frontage on the Gulf of Mexico. This community offers affordable waterfront living located just North of Tampa easily accessible via the Suncoast Parkway.

Active Listings: 80 (waterfront homes only)

Price Range:

$100,000 - $850,000

Median: $339,900

Average: $367,938

Sold July 2009: 7

Price Range:

$131,900 - $500,000

Of these sold homes, three were short sales and two were REOs or bank-owned properties.

Median: $234,343 Average: $155,500

Currently under Contract: 8

List Price Range: $119,777 - $315,000

Of these are four properties with contingency contracts and four with pending contracts. Of these homes under contract, three are short sales.

Data derived from the Hernando County MLS system as of 8/4/09, presumed to be accurate but not guaranteed.

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If you are looking for waterfront property for personal or investment in Hernando and Pasco Counties including the communities of Hernando Beach, Weeki Wachee, Pine Island, and Hudson Beach and want to work with a local Realtor who knows these areas, please contact me.

Let me help you find your place in the Sun!