Greater Brandon Area Active Listings:
The Greater Brandon Area is a growing and active group of communities with new listings coming on the market all the time. Active properties on the market currently total 1,119 with the average list price of $200,278.
Greater Brandon Area Sold/Sale Pending Listings:
Currently, there are 779 properties with pending sales. In December 2011, 245 properties closed, they were on the market for 113 days before they went pending and 175 days before they closed. The average sale price for December’s sold homes was $158,564. The ratio of the average original list price to the average sold price was sold was 90% which means on average, sellers received 90% of the asking price for their home.
Data provided by the MLXchange.
Absorption Rate/Supply:
The current month supply of homes on the market is defined as the ratio of the current inventory of active listings compared to sales. In other words, given recent sales activity, one can estimate how long it would take for the entire inventory of active listings to sell, assuming no new listings were to appear on the market. At the present time it will take about five months to sell all of the current active listings, without adding any new homes for sale.
For more information on properties in the Greater Brandon Area, feel free to contact us! There are many great homes available on the market. If you are hoping to sell your home, we have a proven marketing strategy that will ensure your satisfaction with the home selling process!
Brenda Wade
www.BrendaWade.com
Contact Me
Tampa Bay Real Estate
Tampa Bay Listings
Fishhawk Ranch Real Estate
Lithia Florida Real Estate
Valrico Florida Real Estate
Gulf Coast Real Estate
Brandon Florida Real Estate
