December 2024
North Central Florida Real Estate Market Report
Levy County, FL
- Market Type: Leaning toward a Balanced Market, moving away from a strong seller’s market.
- Months of Inventory: 6.65 (+6.06% MoM)
- List-to-Sold Price Ratio: 94.7% (-0.91% MoM)
- Median Days on Market: 50 (+25.37% MoM)
- Median Sold Price: $262,000 (+5.54% MoM)
Analysis:
Levy County is shifting toward a more balanced market, with inventory increasing and homes taking longer to sell. However, home prices are still rising, indicating steady demand.
Levy County is shifting toward a more balanced market, with inventory increasing and homes taking longer to sell. However, home prices are still rising, indicating steady demand.
Dixie County, FL
- Market Type: Buyer’s Market
- Months of Inventory: 8.63 (+11.93% MoM)
- List-to-Sold Price Ratio: 91.7% (-6.62% MoM)
- Median Days on Market: 95 (+23.38% MoM)
- Median Sold Price: $252,500 (+5.21% MoM)
Analysis:
Dixie County is now officially a buyer’s market. Inventory has increased significantly, and homes are taking longer to sell. Buyers have more negotiating power, as seen in the lower list-to-sold price ratio. However, median sale prices remain strong.
Dixie County is now officially a buyer’s market. Inventory has increased significantly, and homes are taking longer to sell. Buyers have more negotiating power, as seen in the lower list-to-sold price ratio. However, median sale prices remain strong.
Gilchrist County, FL
- Market Type: Balanced Market
- Months of Inventory: 6.42
- List-to-Sold Price Ratio: 96.5% (+1.42% MoM)
- Median Days on Market: 41 (+64.96% MoM)
- Median Sold Price: $300,000 (+15.5% MoM)
Analysis:
Gilchrist County remains relatively stable with a balanced market. Despite a sharp increase in days on the market, home values are appreciating quickly, suggesting demand is still strong.
Gilchrist County remains relatively stable with a balanced market. Despite a sharp increase in days on the market, home values are appreciating quickly, suggesting demand is still strong.
Key Takeaways for Buyers & Sellers
- Levy County: Sellers still hold an advantage but should price competitively.
- Dixie County: Buyers have the upper hand with more choices and negotiation power.
- Gilchrist County: Prices are rising despite homes sitting longer—potentially a good time for both buyers and sellers to act strategically.
Previous Months
Real Estate Trends for Single-Family Home Transactions in Dixie, Gilchrist, and Levy Counties (November 2024)
This month’s real estate trends provide a detailed look at key metrics for Dixie, Gilchrist, and Levy Counties. Whether you’re a buyer or seller, this information helps you navigate the market more effectively.
Levy County Market Trends
Market Type: Balanced
- Months of Inventory: 6.6 (+17.65% MoM)
- Median Sold Price: $248,250 (+7.93% MoM)
- Median Days on Market: 67 (+4.69% MoM)
- List-to-Sold Price %: 95.6% (+0.24% MoM)
Takeaway for Buyers: Balanced market conditions mean less competition, but rising prices suggest acting sooner to lock in favorable terms.
Takeaway for Sellers: Steady demand and increasing prices provide a good opportunity to achieve close-to-listing offers.
Dixie County Market Trends
Market Type: Balanced
- Months of Inventory: 7.76 (+3% MoM)
- Median Sold Price: $240,000 (+8.6% MoM)
- Median Days on Market: 77 (+24.19% MoM)
- List-to-Sold Price %: 98.2% (+0.17% MoM)
Takeaway for Buyers: Higher inventory and longer days on market may provide negotiation opportunities in this balanced market.
Takeaway for Sellers: Increasing prices and high list-to-sold percentages mean it’s still a great time to list your property.
Gilchrist County Market Trends
Market Type: Balanced
- Months of Inventory: 6.33 (+5.5% MoM)
- Median Sold Price: $267,500 (+10.82% MoM)
- Median Days on Market: 117 (+91.8% MoM)
- List-to-Sold Price %: 97.7% (+0.5% MoM)
Final Thoughts
This data helps you make informed decisions whether you’re buying or selling. If you’re curious about specific trends for mobile homes, site-built homes, or land, we have additional reports available upon request. Stay savvy by using these insights to guide your next steps in the real estate market!
Feel free to reach out with any questions or for additional resources—let’s make your next move the right one!
Use These Market Insights to Find Your Perfect Home!
Take the next step in your journey! Explore the latest listings across Dixie, Gilchrist, and Levy Counties, tailored to fit your needs. Filter by location, features, and price to find homes that match your goals. With real-time updates, you’ll always be ahead of the market. Don’t wait—your dream home is just a click away!
➡️
