Autumn arrived right on schedule Wednesday with temperatures and humidity dipping to cooler, dryer, more comfortable levels and after an unbelievably soggy summer, some very welcome sun-filled days returned. Our market is still hot, as we closed six sales and wrote up two new contracts. Sellers added twelve new listings and made six price changes. Our inventory swelled by ten, closing the week at 123, with 26 homes and 97 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.
The Florida Association of Realtors released Q2 sales data this week of year-over-year sales activity for single family homes in Gulf County which clearly illustrates how our sales have been through the roof. Take a look at these numbers:
|Single Family Home Sales||+43.8%|
|Median Sale Price||+23.1%|
|Average Sale Price||+59%|
|Median Time List to Contract||-63.3%|
|Inventory of Active Listings||-59.6%|
As is the case nationally, our market remains woefully short of housing inventory relative to demand. Building costs are still exorbitant so demand for existing homes in our market remains at an all time high. If you’ve been thinking of selling, please call or text me at 850-227-5197 or drop an email to [email protected] and I will help you get started with the process. Have a great week and as always, thanks so much for taking time out of your busy summer schedule to stop by today.