According to Scott Hillman, president and broker of Fannie Hillman + Associates, there is a myth that there is “no inventory” in the current market, but in truth, sales show that there is no significant lack of inventory. The reason “current inventory” appears quite low at the present time is due to the fact that properties are going under contract at a pace that has not been seen before even at the height of the market in 2005-2006.
- Number of properties sold in the32789 ZIP code in the fist four months of 2021 is up 55% compared to 2020
- The median sales price of homes sold in the32789 ZIP code in the fist four months of 2021 is up 34% compared to 2020
- The average sales price per square foot of homes sold in the32789 ZIP code in the fist four months of 2021 is up 11% compared to 2020
- The median number of days a home was on market in the32789 ZIP code in the fist four months of 2021 is down 51% compared to 2020