I have just received the January figures from The Lake City Board of Realtors comparing January 2008 to January 2009 for the Lake City, Fl. areas. In January 2008 there was 24 Homes sold and in January 2009 there was only 16 homes sold. That is a negative 33%.
The good news for Home Buyers is in the same time frame the Median Sales Price went from $154,000 to $130,500. That is a negative 15% in price.
If you are a Home Buyer now is a good time to buy.
Looking for Lake City, FL. Real Estate? Check out http://www.NorthFlHomesandLand.com .
Thanks Bruce Dicks, Realtor, e-PRO
Coldwell Banker Bishop Realty
Lake City, Fl.