The average percent of sales prices to list price for single family homes for 2012 is 88.6% up 4% from last year.
Some other stats that you may find useful are the:
* Average days on market in 2012 is 127 vs 145 in 2011
* Median Sales price is $135K - up 12%
* Average Sales price is $240K - up 35%
* The supply of homes has dropped 23% this year
We have been seeing some properties with multiple offers in our office here in Englewood.
I'm a local resident and would be happy to answer any other questions you may have about the market or the area in general.
Floridian Realty Services, LLC
As you can observe, it depends on the community.
Communities in Palm Harbor, Dunedin and Safety Harbor have been analyzed and available for sharing with those interested in the Tampa Bay area.
Depending on your purchase and hold strategy, the charts and the data creating them, can identify the communities best suited for flip, rent, hold or reside.
But, the statement included with every post is, "Statistics are no substitute judgement.'
Best of success to you.
I have a 5 year price trend analysis in major areas and neighborhoods in Sarasota, Manatee, and Charlotte Counties on my website, and the most common sales price to list price ratio is 95%.
Every situation is different, and sellers and bank owners of foreclosures and short sales can be incentivized by lower offers with cash offers and a quick close.
If you are interested in buying, now is the time and I'd be happy to help you find the right property for the right price.
David Barr, Broker Associate
You can refer to my Housing Trends e-newsletter: http://tammyhayesre.housingtrendsenewsletter.com/
Tammy Hayes, Realtor
Green Lion Realty, Port Charlotte, FL