I have just received the February figures from The Lake City Board of Realtors comparing February 2008 to January 2009 for the Lake City, Fl. areas. In February 2008 there was 23 Homes sold and in February 2009 there was 33 homes sold. That is a positive 30%. Yea!
The good news for Home Buyers is in the same time frame the Median Sales Price went from $155,000 to $125,500. That is a negative 19% in price.
If you are a Home Buyer now is a good time to buy.
Looking for Lake City, FL. Real Estate? Check out www.NorthFlHomesandLand.com .
Thanks Bruce Dicks, Realtor, e-PRO
Coldwell Banker Bishop Realty, Lake City, Fl.