Median Market Price is $430,000 for this week!

Laura Petersen
Monday, June 3, 2024
Single Family Homes May 19-25
Total >250 250-300 300-400 400-500 500-1000 1000+
Number 480 46 29 119 100 153 33
List to Ask 97.25 93.77 98.82 97.46 98.06 98.32 95.06
Months of Inv 3.09 1.66 2.72 2.32 3.11 3.68 5.40

The Median price of homes is at $430K this week, down 4.2% from last week, but staying consistent with the ebb adn flow of the market from week to week. Townhomes, Condos and Villas median price was $257,600 which is down 11.6%. It was at $290K last week. The Condos/TH/Villas are going up adn down week to week, but trending upward. There is more months of invenbtory for the condos at 4.8 months oversall, but thier list to ask ratio was close aat 97.15%. 

OTHER REAL ESTATE NEWS...

SALES TAXI HOLIDAY FOR HURRICANE ITEMS... is happening NOW! Fron June 1 to 14. You can get all of your hurricane supplies sales tax free from now to June 14. Some of the items include: batteries, fuel tanks,portable radios and generators. Ice Packs upto $20, portable radios, fuel tanks, and packages of batteries up to $50. food storage coolers up to $60, tarps up to $100, and portable generators up to $3000. There are also some exemptions of things for your dogs and cats: (Everything it up to) wet food $10, pet leashes $20, cat litter $25, pet beds $40, other pet medications, pet carriers and dry food $100. 

ROOFING MATERIALS AND HOW LONG THEY LAST... With hurricane season upon us, roofs are automatically something to think about. So here are some roofing materials and the average life span of them. SLATE -- 100 years. METAL -- 40-70 yesrs. CLAY/CONCRETE TILES -- 50-100 years. WOOD SHINGLES/SHAKES -- 25-30 years. COMPOSITE SHINGLES -- 30-50 years. ASPHALT SHINGLES -- 15-30 years. 

INSURANCE UPDATE -- There is a little good news... 9 Companies are lowering thier rates and 10 are not increasing their rates! This is great news fro Florida Homeowners! 9 with reductions inculde: Safe Harbor Insurance Company, Spinnaker Insurance Company, Souther Oak Insurance Company, American National Property & Casualty Company, Heritage Property & Casualy Insurance Company, US Coastal Property & Casualty, Florida Penninsual Insurance Company, Stillwater Poperty and Casualty Insurance Company, American Integrity Insurance Company of Florida. The 10 that are not raising rates include: Flordai Family Home Insruance Company, Florida Farm Bureay General Insurance Company, American Bankers Insurance Company of Florida, Edicson Insurance Company, Castle Key Insruance Company, Heritage Property & Casualty Insurance Company, Castle Key Indemnity Comapny, American Intergrity Insurance Company of Florida, American Security Insurance Company, American Traditional Insurance Company. 

We would like to hear from you! If you have any questions, please do not hesitate to contact us. We are always looking forward to hearing from you! We will do our best to reply to you within 24 hours !

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Welcome to our Real Estate Blog. We welcome your comments and questions. My name is Laura Petersen from Your Home Sold Guaranteed Realty. I have been selling real estate in Central Florida since 2005 and have helped thousands of families buy and sell the place they call home. We feel that there is a BEST way to buy and sell and that is different for everyone. Some people want top dollar and others want certainty and the money is not as important as the convenience. So we have plans and systems for everyone. 

Our goal is that whoever we are working with whether that is a buyer, seller, Investor or agent... that your goals are met in the most expedient way. 

You can cal or text us at 407-566-2555. We look forward to hearing from you.