Hillsborough County
Lithia
market trends
Months of supply.
This is the number of months it would take for the existing inventory of homes for sale to sell at the current sales pace. Six months of supply is historically considered normal.
market trends
Active & new listings.
This is the number of homes listed for sale in the MLS. There are normally higher inventory/ more homes for sale in the summer months than in the winter months.
market trends
Median days on market.
This is the median (not average) number of days a home for sale before going under contract. Median is considered a more accurate representation of an area because it is not skewed by outliers.
market trends
Median sales price.
This is median (not average) sale price of homes. Median sales price is considered a more accurate representation of an area because it is not skewed by outlier priced homes.
market trends
Sales price to list price.
This is a ratio of how much homes are selling for versus what they were originally listed for. Under 100% means a home sold under asking. Over 100% means a home for over asking.
market analysis
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Where are they today
Mortgage interest rates.
Lower rates, lower payments, more buyers in the market. Higher rates, higher payments, less buyers in the market. Check to see a live update on where mortgage interest rates are today.
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