FishHawk Ranch and Fish Hawk Trails

Market Stats – October 2014 mid

month report

FishHawk Real Estate Market Stats October 2014 – mid-month report

Here are the real estate market stats for FishHawk Ranch and Fish Hawk Trails. These stats are for Single Family Homes only.

FishHawk Ranch

-There are currently 110 Active properties For Sale in FishHawk Ranch.
-Over the last 6 months 200 properties have Sold in FishHawk Ranch.
-The high Sold Price per square foot was $211.70.
-The low Sold Price per square foot was $86.61.
-The median Sold Price per square foot was $121.13

There is a 3.3-month backlog of homes on the market. There was a 3.3 month supply last month. This is without question a strong seller’s market in FishHawk Ranch right now. Based on the above stats the market value of a home in FishHawk Ranch is around $121 per square foot. Basically, if you price your home to sell at $121 per square foot you could expect the home to sell in about 3.3 months. This is a simple breakdown and there are many factors that influence how fast and for how much a home will sell for. Homes on a pond, conservation or have a pool will generally sell for more per square foot than homes that do not. The smaller the square footage of a home the more it generally sells per square foot because you need to factor in the land.

Fish Hawk Trails

-There are currently 16 Active properties For Sale in Fish Hawk Trails.
-Over the last 6 months 13 properties have Sold in Fish Hawk Trails.
-The high Sold Price per square foot was $168.13.
-The low Sold Price per square foot was $96.26.
-The median Sold Price per square foot was $137.42

There is a 7.4-month backlog of homes on the market. Last month there was a 5.6 month supply. With the small supply of homes for sale, it is tough to generate a concrete trend. It still looks like the inventory level is moving up. This is starting to become a balanced market. Based on the above stats the market value of a home in Fish Hawk Trails is around $137 per square foot. A purely mathematical approach would dictate if you price your home to sell at $137 per square foot you could expect the home to sell in about 7.4 months in Fish Hawk Trails. This is a simple breakdown and there are many factors that influence how fast and for how much a home will sell for. Homes on a pond, conservation or have a pool will generally sell for more per square foot than homes that do not. The smaller the square footage of a home the more it generally sells per square foot because you need to factor in the land.

I hope this sheds some light on the current market conditions for you.

Please contact me if you are looking at buying or selling a home. I’ve been involved in the real estate industry for over 30 years and have a wealth of real estate experience and information that you can benefit from. Visit my website: FishHawk Ranch Real Estate Website and “Like” me on Facebook: www.Facebook.com/FishHawkRealEstate.

Jeff is a top-selling, nationally recognized REALTOR® and local FishHawk Ranch real estate expert. You will find him selling homes in Tampa Bay, Florida, and surrounding areas. Some of those areas include FishHawk, Lithia, Riverview, Valrico, Apollo Beach, Brandon, and Tampa.

If you are looking to sell or buy a Tampa Bay area home, Jeff is your local and trusted professional. He can be reached via phone/text at (813) 421-3007 or by contacting him below.

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