Homestead Year End 2018 Market Report

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Where does the time go? We are already in 2019! I want to thank you for your support and confidence which made 2018 another very productive year for me in Real Estate.

I hope you will find these figures interesting, showing the sales activity in Homestead in the Willows, Homestead Farm and Homestead Farm II, most of which are recorded in the Multiple Listing Service. I have included all FSBOs unless there were any I didn’t know about. If you have any questions, please feel free to contact me.

Using weighted averaging, I have calculated the appreciation of home values in all of Homestead for 2018 to be 8%. The average inventory of homes for sale in Homestead for 2018 was 11, which is up 120% from 5 which was the 2017 figure! So more houses came on the market and sold in 2018 that 2017, and for higher prices! We are anxious to see what 2019 brings as it is impossible to accurately forecast. Interest rates have risen slightly, now at 4.25% (30 year fixed rate, conforming, 0+1).

If  you are considering a move, or know of anyone  who is, please contact  me.  ReMax continued in 2018  to outperform all other companies in sales  in Homestead.  Also in the last 2 years I  have personally helped more than 3 times more Homestead  homeowners sell their homes than  my next competitor. I  promise you the best professional service available.  With our market share, selling strategies, advanced technology, and my expertise in Homestead, I sincerely believe I can help you obtain the highest price for your home in the shortest amount of time.

       Thanks again!

       Rick Goebel

According to my calculations in Homestead, we’ve seen appreciation of approximately:

198119821983198419851986198719881989199019911992
13%12%0%1%-1%0%-1%0%-1%5%5%10%
199319941995199619971998199920002001200220032004
12%11%1%3%4%10%12%14%11%2%0%5%
2006200720082009201020112012201320142015201620172018
3%7%2%0%0%-3%4%7%12%10%7%6%8%

SANFORD HOMES RECORDED IN MULTIPLE LISTING SERVICE
1-Average Sale Price 2– Low-High Sales Price 3– Number Reported Sold

MODEL20112012201320142015201620172018
TOTAL1 $425,240
2 $248,000-$626,500
3 54 Sold
1 $433,450
2 $275,000-$635,000
3 75 Sold
1 $464,399
2 $303,500-$735,000
3 72 Sold		1 $507,245
2 $330,900-$899,000
3 55 Sold		1 $544,925
2 $393,000-$749,000
3 69 Sold		1 $580,049
2 $400,000-$775,000
3 72 Sold		1 $614,911
2 $380,000-$920,000
3 62 Sold		1 $669,095
2 $425,000-$1,355,000
3 81 Sold
Wolcott

3 Bedroom
1742-1786 Sq. Ft.
4 Level		1 $335,000
2 $295,000-$375,000
3 2 Sold
1 $330,612
2 $275,000-$377,009
3 9 Sold
1 $342,643
2 $303,500-$382,000
3 7 Sold
1 $414,900
2 $400,000-$426,000
3 5 Sold		1 $460,833
2 $407,000-$650,000
3 6 Sold		1 $440,967
2 $408,000-$475,000
3 3 Sold		1 $458,333
2 $435,000-$490,000
3 3 Sold		1 $505.180
2 $425,000-$559,000
3 5 Sold
Stockton

3 Bedroom
1749-1769 Sq. Ft.
2 Story		1 $339,880
2 $256,280-$375,000
3 6 Sold
1 $345,633
2 $277,800-$420,000
3 6 Sold
1 $379,063
2 $330,000-$422,500
3 8 Sold		1 $374,540
2 $330,900-$439,900
3 5 Sold		1 $438,000
2 $393,000-$492,500
3 9 Sold		1 $484,611
2 $446,000-$512,000
3 9 Sold		1 $524,033
2 $442,500-$715,000
3 6 Sold		1 $572.083
2 $470,000-$644,000
3 9 Sold
Westbury

3 Bedroom
1962 Sq. Ft.
4 Level		1 $479,425
2 $322,700-$637,000
3 4 Sold
1 $528,000
2 $319,000-$635,000
3 3 Sold
1 $444,600
2 $340,000-$610,000
3 5 Sold		1 $479,125
2 $400,000-$661,000
3 4 Sold		1 $415,000
2 $415,000-$415,000
3 1 Sold		1 $468,250
2 $405,000-$499,000
3 4 Sold		1 $533,000
2 $425,000-$589,000
3 3 Sold
1 $682,600
2 $565,000-$895,000
3 5 Sold
Mill Valley

3 Bedroom
1994 Sq. Ft.
4 Level		1 $341,500
2 $335,000-$348,000
3 2 Sold
1 $410,000
2 $410,000-$410,000
3 1 Sold
1 $374,038
2 $325,000-$409,150
3 4 Sold		1 $392,867
2 $368,600-$420,000
3 3 Sold
1 0
2 0
3 0 Sold		1 $460,000
2 $460,000-$460,000
3 1 Sold		1 $500,075
2 $380,000-$605,000
3 4 Sold		1 0
2 0
3 0 Sold
Huntington

4 Level
2074 Sq. Ft.
2 Story		1 $370,000
2 $370,000-$370,000
3 1 Sold
1 $417,333
2 $357,000-$490,000
3 6 Sold
1 $405,000
2 $405,000-$405,000
3 1 Sold		1 $537,750
2 $483,000-$592,000
3 4 Sold
1 $498,500
2 $445,000-$585,000
3 4 Sold		1 $651,725
2 $612,000-$714,900
3 4 Sold		1 $562,450
2 $493,350-$614,000
3 3 Sold		1 $556,500
2 $475,000-$653,500
3 4 Sold
Berkshire

4 Bedroom
2450 Sq. Ft.
Ranch		1 $341,250
2 $310,000-$372,500
3 2 Sold
1 $349,000
2 $325,000-$373,000
3 2 Sold
1 $445,500
2 $412,000-$497,500
3 3 Sold
1 $482,158
2 $378,975-$567,500
3 3 Sold		1 $500,410
2 $430,000-$549,000
3 5 Sold		1 $502,000
2 $468,500-$532,500
3 3 Sold		1 $539,933
2 $440,000-$679,900
3 3 Sold		1 $597,608
2 $549,900-$645,000
3 4 Sold
Middleton

3 Bedroom
2246 Sq. Ft.
2 Story		1 $444,540
2 $283,000-$545,000
3 5 Sold
1 $454,631
2 $355,000-$605,150
3 8 Sold
1 $475,013
2 $388,500-$568,000
3 4 Sold		1 $500,000
2 $495,000-$505,000
3 2 Sold		1 $574,643
2 $442,000-$705,000
3 7 Sold		1 $614,500
2 $590,000-$650,000
3 4 Sold		1 $676,241
2 $605,000-$713,722
3 3 Sold		1 $715,944
2 $565,000-$850,000
3 9 Sold
Barrytown

4 Bedroom
2151-2207 Sq. Ft.
2 Story		1 $388,805
2 $248,000-$485,000
3 5 Sold
1 $418,687
2 $352,000-$480,000
3 8 Sold
1 $453,725
2 $380,000-$487,000
3 4 Sold		1 $555,457
2 $413,000-$899,000
3 7 Sold		1 $560,000
2 $488,000-$639,500
3 5 Sold		1 $582,400
2 $490,000-$624,000
3 5 Sold		1 $596,714
2 $510,000-$650,000
3 7 Sold		1 $659,850
2 $616,000-$729,000
3 10 Sold
Middleton

4 Bedroom
2344 Sq. Ft.
2 Story		1 0
2 0
3 0 Sold
1 0
2 0
3 0 Sold
1 $486,800
2 $435,000-$550,000
3 5 Sold		1 $635,000
2 $635,000-$635,000
3 1 Sold		1 $612,500
2 $612,500-$612,500
3 1 Sold		1 $601,357
2 $490,000-$737,000
3 7 Sold		1 $642,463
2 $599,950-$680,000
3 4 Sold		1 $681,643
2 $590,000-$750,000
3 7 Sold
Livingston

4 Bedroom
2422-2441 Sq. Ft.
4 Level		1 $318,100
2 $318,100-$318,100
3 1 Sold
1 $500,100
2 $490,000-$515,300
3 3 Sold
1 $549,250
2 $441,000-$657,500
3 2 Sold
1 $575,000
2 $575,000-$575,000
3 1 Sold		1 $549,633
2 $499,900-$615,000
3 3 Sold		1 $614,083
2 $530,000-$664,500
3 6 Sold		1 $724,150
2 $633,000-$814,250
3 3 Sold		1 $0
2 0
3 0 Sold
Hamilton

4 Bedroom
2422-2460 Sq. Ft.
2 Story		1 $464,475
2 $316,000-$550,000
3 16 Sold
1 $490,359
2 $372,500-$570,000
3 16 Sold
1 $529,069
2 $400,000-$695,000
3 16 Sold		1 $562,654
2 $440,000-$645,000
3 13 Sold		1 $611,356
2 $440,000-$675,000
3 18 Sold		1 $632,883
2 $400,000-$720,250
3 15 Sold		1 $699,389
2 $586,000-$920,000
3 9 Sold		1 $692,393
2 $600,000-$875,000
3 14 Sold
Berkshire II

4 Bedroom
2800-2890 Sq. Ft.
Ranch		1 $410,000
2 $380,000-$425,000
3 3 Sold
1 $378,280
2 $309,000-$445,000
3 5 Sold
1 $335,000
2 $300,000-$370,000
3 2 Sold		1 $432,000
2 $371,000-$505,000
3 3 Sold		1 $509,000
2 $486,000-$532,000
3 2 Sold		1 $518,667
2 $486,000-$555,000
3 3 Sold		1 $573,317
2 $510,000-$610,000
3 3 Sold
1 $645,250
2 $599,000-$674,000
3 4 Sold
Benedict

5 Bedroom
2433-2490 Sq. Ft.
2 Story		1 $422,000
2 $414,000-$430,000
3 2 Sold
1 $487,167
2 $370,000-$569,000
3 3 Sold
1 $460,833
2 $400,000-$492,500
3 3 Sold		1 0
2 0
3 0 Sold		1 $616,000
2 $470,000-$749,000
3 4 Sold		1 $675,000
2 $675,000-$675,000
3 1 Sold		1 $706,667
2 $646,000-$749,000
3 3 Sold		1 $653,000
2 $653,000-$653,000
3 1 Sold
Putnam

5 Bedroom
2552-2623 Sq. Ft.
2 Story		1 $495,900
2 $465,000-$515,000
3 4 Sold
1 $497,000
2 $429,000-$600,000
3 4 Sold
1 $527,300
2 $445,500-$590,000
3 5 Sold		1 $528,000
2 $528,000-$528,000
3 1 Sold		1 $577,167
2 $552,500-$620,000
3 3 Sold		1 $663,571
2 $595,000-$775,000
3 7 Sold		1 $643,480
2 $532,400-$690,000
3 5 Sold		1 $701,500
2 $690,000-$720,000
3 4 Sold
Manor House

4 Bedroom
2819-2950 Sq. Ft.
2 Story		1 $626,500
2 $626,500-$626,500
3 1 Sold
1 $590,000
2 $590,000-$590,000
3 1 Sold
1 $714,500
2 $685,000-$735,000
3 3 Sold		1 $674,000
2 $585,000-$720,000
3 3 Sold		1 $680,000
2 $680,000-$680,000
3 1 Sold		1 0
2 0
3 0 Sold		1 $799,667
2 $789,000-$815,000
3 3 Sold		1 $989,120
2 $634,600-$1,355,000
3 5 Sold