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I asked Chat GPT; (AI) How are real estate sales of single family homes doing in the US and in Citrus County Florida? I include sales and active listings for the ridge area of Citrus County.
Sales of single-family homes in the U.S. and Florida have shown mixed trends in early 2024. Nationwide, sales activity has been influenced by mortgage rates, inventory levels, and regional demand variations. In Florida, new listings and inventory for single-family homes have increased, which has helped stabilize prices. However, total sales of existing single-family homes in Florida were down by 1.9% compared to 2023, reflecting a slower market overall despite more homes being available for buyers. The condo-townhouse market in Florida experienced a steeper decline in sales, falling by 10.5% compared to the previous year, highlighting a widening gap between the two property categories.
In Citrus County, home sales have been active, with various properties selling at prices slightly below the listing price. Recent sales data suggests that homes in the area are spending varying amounts of time on the market, with some properties selling within a few weeks and others taking several months. The local market remains competitive, with demand still present but buyers negotiating lower purchase prices relative to listing prices
Pine Ridge active: https://portal.onehome.com/en-US/share/1008675J43906
https://portal.onehome.com/en-US/share/1008683T81272
Citrus Hills for sale:
Citrus Hills closed:
Laurel Ridge: for sale: https://portal.onehome.com/en-US/share/1008680D96397
Laurel Ridge: sold last 180:
https://portal.onehome.com/en-US/share/1008681f19839
Meadowcrest sold last 180: https://portal.onehome.com/en-US/share/1008676A43823
Meadowcrest for sale: https://portal.onehome.com/en-US/share/1008677y63122
Black Diamond for sale: https://portal.onehome.com/en-US/share/1008686d24524
Black Diamond sold last 180: https://portal.onehome.com/en-US/share/1008679A61867
