September 2009 Real Estate Market Report: Hernando Beach, Florida - Hernando Beach Central

September 2009 Real Estate Market Report: Hernando Beach, Florida - Hernando Beach Central

Hernando Beach, Florida, is a waterfront community located along the west coast of central Florida just north of Tampa. This community offers a wide range of homes located on saltwater and freshwater canals.

The homes in neighborhoods on freshwater canals are Hernando Beach Central and Hernando Beach South. Boaters living in Hernando Beach Central and South use a boatlift to gain access to the saltwater canals to the north which lead directly to the open waters of the Gulf of Mexico. For this reason, properties located in these two neighborhoods of Hernando Beach are identified as "indirect" access. There are also a number of marinas located in Hernando Beach offering dry and wet boat storage facilities.

This real estate market update covers the central section of Hernando Beach, Florida. This area is not gated nor deed-restricted, homes are located on wide and deep freshwater canals.

Inventory has remained stable and while there has been little activity in recent months in this neighborhood, there is a silver lining with two homes currently under contract.

Please also read the market reports for the neighborhoods of Hernando Beach with direct Gulf access and the Hernando Beach South subdivision.

Offered for Sale: 9

Price Range: $169,000 - $479,000

Median: $259,000

Average: $289,956

Under Contract: 2

Of the two homes under contract in Hernando Beach Central, one is pending, the other is under contract with contingencies.

Closed Transactions in September 2009: None

Sales Data derived from Hernando County MLS as of 10/15/09, believed to be accurate but not guaranteed.