Overall in the Fishhawk Ranch located in the Lithia, FL market area, it is becoming more affordable, homes are selling quicker, and average prices are increasing. Since the tax credit over the summer, homes have increased slightly in average prices. Do not be fooled by the median values decrease. This means most of the homes selling are simply shifting to a lower price range. If you are planning on buying, selling, or refinancing give me a call. Florida's Beautiful Homes is your one-stop shop for your residential real estate needs.
AVG. # OF SALES PER MONTH = 49 DOWN (FROM 65 PREV. 6 MOS.)
AVG. ABSORPTION RATE/MONTH = 16 DOWN (FROM 21.67)
AVG. MONTHS OF HOUSING SUPPLY = 12 MOS. UP (FROM 6.6)
CURRENT MEDIAN SALES PRICE = $268,500 DOWN (2% IN 6 MOS.)
CURRENT AVG. SALES PRICE = $298,439 UP (3% OVER 6 MOS.)
MEDIAN SALES DAYS ON MARKET = 48 DOWN (FROM 58 PREV. 6 MOS.)
MEDIAN LISTING PRICE = $264,457 DOWN (1.7% FROM PREV. 6 MOS.)
MEDIAN LISTINGS DAYS ON MARKET = 97 DOWN (FROM 142 PREV. 6 MOS.)
MEDIAN SALES % OF LIST PRICE = 96.2% DOWN (FROM 98% PREV. 6 MOS.)
"THERE IS NO BETTER TIME TO BUY OR REFINANCE IN THE FISHHAWK RANCH MARKET."
Jon Tipton, Realtor/C.R.E.A.