Looking to boost your home value?
Try planting a tree
Do you want content like this delivered to your inbox?
Share



Share

Hernando, Pasco & Citrus County Monthly Market Update- February 2024

Dylan McLeod

Dylan McLeod is a top producing real estate agent and the owner/team lead of The McLeod Team, a rapidly growing Team of Real Estate professionals serv...

Dylan McLeod is a top producing real estate agent and the owner/team lead of The McLeod Team, a rapidly growing Team of Real Estate professionals serv...

Mar 11 3 minutes read


With 2023 being the year of “wait and see” for millions of people across the country, here's what's really going on in the market today vs. this time last year.

Hernando County

February 2023 vs. February 2024

Number of Homes Sold: 246 ➡️ 279 

Median Days on Market: 45 ➡️ 40

Number of Active Listings: 861 ➡️ 1,060

Median Sales Price: $300,000 ➡️ $320,000

Active/pending/closed residential, single family homes throughout Hernando County from February 1-29, 2024. All stats are from Stellar MLS.

Search Hernando Co. Listings

279

Homes Sold

40

Median Days to Sell

1,060

Active Listings

$320 K

Median Sales Price

Pasco County 

February 2023 vs. February 2024

Number of Homes Sold: 1,083 ➡️ 1,178

Median Days on Market:  30 ➡️ 34

Number of Active Listings: 2,643 ➡️ 3,514

Median Sales Price: $328,990 ➡️ $340,000

Active/pending/closed residential, single family homes throughout Pasco County from February 1-29, 2024. All stats are from Stellar MLS.

1,178

Homes Sold

34

Median Days to Sell

3,514

Active Listings

$340 K

Median Sales Price

Citrus County

February 2023 vs. February 2024

Number of Homes Sold: 124 ➡️ 168

Median Days on Market:  29 ➡️ 53

Number of Active Listings: 465 ➡️ 762

Median Sales Price: $260,000 ➡️ $263,000

Active/pending/closed residential, single family homes throughout Citrus County from February 1-29, 2024. All stats are from Citrus MLS.

Search Citrus Co. Listings

168

Homes Sold

53

Median Days to Sell

762

Active Listings

$263 K

Median Sales Price

What Does This Mean For Buyers & Sellers? 

  • Increased Sales Volume: Across all three counties, there is a notable increase in the number of homes sold in February 2024 compared to February 2023. This suggests a heightened level of market activity and increased demand from buyers.

  • Rise in Active Listings: There's a significant uptick in active listings in February 2024 compared to February 2023, particularly evident in Pasco County. This increase in inventory could provide more options for buyers and contribute to a more balanced market.

  • Median Sales Price Fluctuations: While median sales prices have generally increased slightly or remained relatively stable across the board, it's worth noting the fluctuations between this year and last. These changes are influenced by various factors such as market conditions, supply and demand dynamics, and economic factors.

The real estate market along Florida's Nature Coast has shown resilience and growth between February 2023 and February 2024, with increased sales volume and a healthy inventory of active listings. 

Whether you're a buyer, seller, or investor, staying informed about these trends can help you make informed decisions while working towards your real estate goals!

Want to see how your home’s value has changed?

We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information!

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info