Our Area Housing Market: September 2020

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Sales

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August 2020 is a Seller's market*



Home For Sale in August 2020: 4826 units.


•Down 5.8% compared to last month

•Down 24.5% compared to last year


Home Closed in August 2020: 2362 units.


•Down 5.2% compared to last month

•Up 16.9% compared to last year


Home Placed under Contract in August 2020: 2717 units.


•Up 7.1% compared to last month

•Up 41.9% compared to last year

Price

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August 2020 Average Sold Price per Square Footage is Appreciating*



Average Sold Price per Square Footage in August 2020: $224

•Up 3.7% compared to last month

•Up 15.5% compared to last year

Days on Market

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August 2020 Average Days on Market trend Remains Steady*


Average Days on Market in August 2020: 74


•Down 6.3% compared to last month

•Down 3.9% compared to last year


August 2020 Sold/Original List Price Ratio Remains Steady*



Sold/Original List Price % in August 2020: 94%


•0% compared to last month

•Up 2.2% compared to last year

Months of Inventory

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August 2020 is a Seller's market*



Months of Inventory based on Closed Sales in August 2020: 2


•Down 4.9% compared to last month

•Down 37.9% compared to last year

All reports are published September 2020, based on data available at the end of August 2020, except for the today’s stats. All reports presented are based on data supplied by the My Florida Regional MLS DBA Stellar MLS. The My Florida Regional MLS DBA Stellar MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the My Florida Regional MLS DBA Stellar MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.