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Market Statistics and Market Trends | Homes for Sale for Dr. Phillips - January 2013

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Sat, Feb 16, 2013 at 1:45AM

Market Statistics and Market Trends | Homes for Sale for Dr. Phillips - January 2013

Here is a summary of activity of the sold homes in Dr. Phillips for the month of January 2013.  This report breaks out the statistics by various categories listed by rows;number of Beds, Baths, Sq Ft heated, List Price. LP/SqFt, Sold Price, SP/SqFt,SP/LP Ratio, Days to Contract, Days to Close.   On the collumns you have a few categories showing the High, Low, Average, and Median Price of homes.  

In the month of January 2013, homes sold in Dr. Phillips totalled 41 of which 8 or 20% were foreclosures for the month.  Total sales in dollar volume was $12,546,075 and the average price of homes in January was $306,002 or $130.58 per SP/SqFt.  

Homes for sale in Florida have been very active in 2012 and the trend for 2013 seems to be the same.  Dr. Phillips has an Inventory for Sale as of 2/15/13 of 216 homes with an absorption rate of 3.13 months. 

 

DR. PHILLIPS               MARKET                 STATISTICS          
January 2013 High Low Average Median
Beds 6 1 3 3
Full Baths 5 1 2 2
Sq Ft Heated               4,645          408         1,995         1,808
List Price  $   1,995,096  $ 39,900  $ 325,350  $ 199,000
LP/SqFT  $         524.34  $   39.71  $   137.24  $   119.76
Sold Price  $   1,995,096  $ 39,900  $ 306,002  $ 200,000
SP/SqFt  $         524.34  $   37.75  $   130.58  $   116.15
SP/LP Ratio 111 67 95 96
Days to Cpntract 979 0 120 51
Days to Close               1,640 0 181 104
         
         
Total  Sold Homes Jan 2013 41      
         
Foreclosures Jan 2013 8      
         
% of Foreclosures 19.51%      
         
Total Dollars Sold Jan 2013  $ 12,546,075      
         
Inventory for Sale on 2/15/13 216      
         
Absorption Rate in Months 3.13      

 

If you have any questions or if you need any updated market conditions of the area, please feel free to call Wendy Morris from Wendy Morris Realty, direct at 407-575-5392.  

 


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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: | My Florida Regional MLS (updated 5/13/19)
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Damon Duvall

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