Available homes for sale in Hernando County, Florida have been at consistently low levels over the last few years. Currently, there are just over 1000 residential homes on the market in Hernando County. This number includes single family homes as well as manufactured homes.
Also drastically reduced in recent years is the number of distressed properties on the market such as foreclosure or short sale properties. There are currently only 25 of those total available for sale.
The graph below illustrates the reduction in available, non-distressed single family homes on the market in Hernando County since 2008.
As the economy slowly improved, the real estate market also started to recover. Home sales in Hernando County increased in the last few years.
The real estate market in Hernando County experienced its lowest in the years 2010 to 2011 and since then has slowly regained momentum. While 2016 was a good year for the real estate market in Hernando County, 2017 is even better especially for home sellers who will find that their homes will not stay on the market long before receiving offers.
As a result of low inventory and increasing demand, median and average home sales prices have increased in Hernando County and have now reached if not surpassed the price levels of 2008.
These are general statistics for Hernando County, Florida as a whole. If you are interested in more detailed market information about your neighborhood and type of property, please do contact me by phone at 352-584-7441 or email.
Buying or Selling a Home in Hernando County, Florida?
Please let me help you find your next home or find out how to successfully market your Hernando County home for sale.
I've been serving buyers and sellers in Hernando County, Florida since 2005 and it will be my pleasure to assist you as well.
Please call or text 352-584-7441 for more information or email me!
