Raymond Gray, Home Buyer in Eastpoint, FL

when is sgi home values going to reach the bottom like the rest of florida. sellers continue to ask inflated prices for poor quality homes. Why??

Asked by Raymond Gray, Eastpoint, FL Thu May 10, 2012

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2
After more than a year; have you given up on Real Estate or just Florida?
0 votes Thank Flag Link Sat Jun 1, 2013
After seven years of declining values, the values are up this year to date. Prices on St. George Island bottomed out in 2012. In 2011, the average sales price per transaction closed was $390,150. In 2012, the average price was $381,146. Year to date 2013, the average price is $402,181. Also, inventory has been shrinking and the number of transactions closed increasing. This data comes from the MLS for the Realtor Association of Franklin & Gulf Counties.
0 votes Thank Flag Link Sat Jun 1, 2013
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