08/01/2023
🏡📊 Market Update in Sumter County, Florida 📊🏡
👩💼 Erica Wood, REALTOR® at Coldwell Banker Tony Hubbard Realty, here to keep you informed about the latest trends in our local real estate market. Let's dive into the data for June 2023:
📈 Months Supply of Inventory: Currently, we have a healthy 3.21 months supply of inventory in Sumter County, Florida. Over the past 12 months, we have seen a significant increase of +51.42% in the Months' Supply of Inventory. This indicates a more balanced market for both buyers and sellers. 🏠💼
💰 List to Sold Price Percentage: Sellers, rejoice! The List to Sold Price percentage is an impressive 96.7%. This means that, on average, sellers are achieving nearly their full asking price. With such strong negotiation power, now might be the perfect time to list your property. 💵💼
⏳ Median Days on Market: Homes in Sumter County are selling relatively quickly, with a median of 39 days on the market. This indicates a high demand for properties in our area. If you're a buyer, be prepared to act fast to secure your dream home. If you're a seller, these stat highlights the potential for a timely sale. ⌛📅
💲 Median Sold Price: The median sold price for homes in Sumter County currently stands at $347,495. This figure reflects the midpoint of all home sales in our area. Whether you're buying or selling, being aware of the median price can help you make informed decisions in this competitive market. 💰🏡
For more personalized insights or to discuss your real estate goals, don't hesitate to reach out. I'm here to guide you through every step of the process. Let's make your real estate dreams a reality! 🏡🔑 Call Erica Wood - Realtor 352-301-2199 with Coldwell Banker Tony Hubbard Realty 1795 E Hwy 50, Clermont, FL 34711