Hernando Beach, Florida, is a residential boating and fishing community with neighborhoods that are located on saltwater canals with direct access to the Gulf of Mexico or neighborhoods located on freshwater canals requiring the use of a boatlift to gain access to the saltwater canals and the Gulf of Mexico. The latter are therefore also identified as "indirect access".
Direct or indirect, Hernando Beach has much to offer for the boater, fishing or watersports enthusiast. The community is located in central Florida, north of Tampa and west of Orlando on the West Coast of Florida with easy access to international airports and many Florida attractions.
The following market report covers the two "indirect access" areas of Hernando Beach: Hernando Beach Central and Hernando Beach South. Please also read the market reports for the direct access areas of Hernando Beach.
Hernando Beach Central: While the number of active listings has decreased so have list prices and thus average and median prices. However, here too, there is an increase in activity evidenced in the increased number of homes under contract.
Of the five properties that are currently under contract, three are under contingency contracts and three homes have pending contracts. Three properties are foreclosed bank-owned homes and three properties are sold as short sales.
Active Listings: 7
Price Range: $134,777 - $499,000
Median: $189,500
Average: $254,854
Sold April 2009: 0
Currently under Contract: 6
Price Range: $170,000 - $300,000
Hernando Beach South:
Hernando Beach South is the only deed-restricted neighborhood in Hernando Beach. Active listing inventory increased by one with the price remaining the same although median and average prices have decreased indicating that some price reductions have taken place.
Active Listings: 14
Price Range: $189,900 - $550,000
Median: $340,000
Average: $358,036,062
Average Days on Market: 151
Sold April 2009: One home sold in April in this neighborhood. It was a 3 bedroom, 2 bath home of stilt construction built in 2204 with 2708 square foot living and 4926 total square foot. Listed originally at $535,000 it was on the market for 760 days and reduced in price several times to a final list price of $449,000. It sold for $410,000.
Currently Under Contract: None
Data derived from the Hernando County MLS as of 5/15/09, 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.
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