Masaryktown home prices fall in the second half of 2018

Masaryktown home prices fall in the second half of 2018
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The median sale price of a home sold in the second half of 2018 in Masaryktown fell by $23,500 while total sales increased by 54.5%, according to BlockShopper.com.

From July through December of 2018, there were 17 homes sold, with a median sale price of $86,500 – a 21.4% decrease over the $110,000 median sale price for the same period of the previous year. There were 11 homes sold in Masaryktown in the second half of 2017.

The median sales tax in Masaryktown for the most recent year with available data, 2017, was $875, approximately 1% of the median home sale price for the second half of 2018.

The following table compares Masaryktown to other Hernando County cities in the second half of 2018:

City July – Dec. 2018 Home Sales July – Dec. 2017 Home Sales % change (Total Home Sales) July – Dec. 2018 Median Sales Price July – Dec. 2017 Median Sales Price % change (Median Sales Price)
Hernando Beach 55 58 -5.2% $260,000 $282,500 -8%
Weeki Wachee 299 304 -1.6% $175,000 $140,937.50 24.2%
Webster 17 12 41.7% $166,000 $84,100 97.4%
Brooksville 480 497 -3.4% $160,000 $145,000 10.3%
Spring Hill 1,685 1,693 -0.5% $157,000 $142,486.65 10.2%
Dade City 52 53 -1.9% $115,000 $97,000 18.6%
Masaryktown 17 11 54.5% $86,500 $110,000 -21.4%


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