Statistics as reported by the MidFlorida Listing Service MLS to February 6. 2011
Number of Homes offered for sale: 5
Price range from $145,000 to $219,000
Average price per sq. ft. offered: $92.71
Number of Homes under contract: one
Price: $107,000
Price per sq. ft.: $58.39
Homes sold from Feb. 7, 2010 to Feb. 6, 2011 : 14
Price range from $120,000 to $214,500
Average price per sq. ft. sold: $95.44
Average price of home sold: $162,024
Average days in the market: 114
Bank owned sold: 6
Short sales sold: 3
For homes sold from Feb. 7, 2009 to Feb. 6, 2010
Number of homes sold: 11
Average price per sq. ft. sold: $105.88
Average price of home sold: $182,409
Average days in the market: 86
Drop in sq. ft. sold in one year: 9.9%
Drop in price of home in one year: 11.2%
Prices are in the process of recovering and drops are not as pronounced as previously.
Distressed sales account for 64% of all sales in this past year and are an influencing factor in setting market prices. Please feel free to contact me for further details whether selling or buying.
