August-2024 Home Sales Trends in Calhoun County, Florida

County-Wide Sales Metrics

Calhoun County

The real estate market is currently showing signs of strong activity and a high level of demand. The Months Supply of Inventory is at 6, indicating that it would take 6 months to sell all the current homes on the market at the current sales pace. This suggests a balanced market between buyers and sellers.

The 12-Month Change in Months of Inventory is at an impressive -84.37%, meaning that there has been a significant decrease in the amount of time it would take to sell all available homes compared to a year ago. This indicates a tightening of inventory and increased competition among buyers.

The Median Days Homes are On the Market is 42, showing that homes are selling relatively quickly once they are listed. This is a positive indicator for sellers, as it suggests a high level of buyer interest in the market.

The List to Sold Price Percentage is at a strong 93.8%, indicating that homes are typically selling very close to their list price. This suggests that sellers are pricing their homes competitively and that buyers are willing to pay close to asking price.

The Median Sold Price is $311,000, showing that home prices in the market are relatively high. This is good news for sellers, as it indicates that they may be able to fetch a good price for their property.

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Overall, the data suggests a healthy and active real estate market with strong demand and competitive pricing. Buyers may need to act quickly to secure a home in this market, while sellers may be able to capitalize on the favorable conditions to achieve a good sale price.

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Brian Rice

Brian is the owner and managing Broker at Real Estate Kingz LLC, a Florida licensed Real Estate Brokerage. You can contact Brian at 866-735-4649 (866-Re-Kingz) or visit BrianRiceRealtor.com

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