Hernando, Pasco & Citrus County Market Update - 4 Month Review
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Dylan McLeod
Dylan McLeod is a top producing real estate agent and the broker/owner of McLeod Real Estate, a rapidly growing Team of Real Estate professionals serv...
Dylan McLeod is a top producing real estate agent and the broker/owner of McLeod Real Estate, a rapidly growing Team of Real Estate professionals serv...
From January to April 2024, we've been hard at work crunching the numbers across Hernando, Citrus, and Pasco County.
Our goal? To decode how these trends shape the spring market and provide clarity for anyone considering buying or selling, whether you're just exploring options or gearing up for a move in the near future.
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Key Takeaways
- Home prices are holding steady.
- Increase in homes sold as we've progressed into the spring market.
- Months of Inventory (supply of homes for sale) is decreasing, indicating a seller's market.
- Around 6 months of inventory is considered a "balanced market".
- If we have more than 6-7 months of inventory, that tells us we're shifting towards a buyer's market.