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:
| 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 13% | 12% | 0% | 1% | -1% | 0% | -1% | 0% | -1% | 5% | 5% | 10% |
| 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 12% | 11% | 1% | 3% | 4% | 10% | 12% | 14% | 11% | 2% | 0% | 5% |
| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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
| MODEL | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|---|---|---|
| TOTAL | 1 $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 |