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Hernando County Real Estate Market Report July 2009

Single family home sales in Hernando County for July 2009 have risen to the highest since May of 2007. The average sales price of an existing; single-family homes rose from the previous month and is the second highest month of 2009. The variance between average listing price and average sales price of homes closed rose sharply and is at its highest in seven months an is just above ten thousand dollars. The absorption rate that calculates how long it will take to exhaust all current residential listings, held steady at ten months of months of inventory. The average price per square foot for homes sold during the month sits just under seventy dollars per square foot.

The market continues to make changes, buyers have more opportunity to negotiate for a home they want. Sellers will have to adjust their expectations for profit to the new reality.

The graphs detail the current and past conditions in the Hernando County Real Estate market. The information provided here is general and may not reflect the same trend in every community.

Existing home sales

Sales variance

Hernando County Absorption Rate

Average Sales Price

Price per square foot

Sold vs list price

Working with buyers and sellers to assist you in your next home purchase or sale in Hernando County Real Estate. I can determine the current market value of your home to ensure it is priced to sell.

If your planning to purchase in a community I can provide a market analysis of current market conditions in the neighborhoods to determine a competitive offer to submit. With over ten years of experience in the real estate industry as a licensed agent. I will assist you in your next home purchase or sale in the communities of Spring Hill, Weeki Wachee, Brooksville, Hernando Beach or Ridge Manor. My internet marketing experience and knowledge of current market conditions provides me with an advantage that benefits you the customer.

Chris Frantz
Exit Success Realty
13111 Spring Hill Dr.
Spring Hill, Florida 34609

Hernando County Real Estate

Spring Hill Real Estate;

Hernando County Real Estate;

*information deemed reliable but not guaranteed.

Posted Saturday Aug 22