This Lake Valencia Real Estate Market Report is based on data from the Mid Florida Regional MLS.
Lake Valencia is a community of 294 single family homes located in Palm Harbor FL. High and dry in a non-evacuation location yet with easy access to the inter-coastal and the Gulf of Mexico at Honeymoon Island State Park.
Lake Valencia
Sept 5, 2017
Data shows the verage Sold Price (d) has increased when compared to 2016 sales. Increasing Sold Price Square Foot (g) and increasing Average Days On Market (f) suggests the market is becoming more balanced as opposed to the seller's market experienced the past few years.
Below is the raw data regarding home sales in Lake Valencia since 2004. It is from this data the above chart was created. Trend (e), 6% mobility has remained stable for over 4 years. I anticipate an increase in mobility which will result in an increse of sold price trajectory as owners hold fast to their equity and buyers find alternative and creative finance options.
Review of total sales (c) suggest there are home owners, who are at this time considering the sale of their home. That is a big decision that requires more information.
Does that describe you? In need of more information?
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Best of success,
Annette Lawrence, Broker Associate
Remax Realtec Group
Palm Harbor, FL
727. 420. 4041
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