Dover Real Estate Market Report 33527- May 2014

Dover Real Estate Update:

Dover Real Estate Market Report9 homes were sold in  Dover (33527 Zip code) with a median price of  $ 155,500  in May 2014.

15 homes sold during the same period last year which resulted in 40% decrease  in the number of homes sold and closed. It also generated a decrease in the median price from $213,500 to $155,500.

The number of closed home sales went down since last month from 14 to 9 homes but resulted in much higher median price from $120,675 to $155,500.

At the end of the month there were 57 homes available for sale in this area of  Dover, Florida which included 16 new home listings.

New home listings were slightly up from 14  to 16  homes in contrast with same period last year and from last month.

Since 15 homes went under contract, it resulted in 3.8 months of  inventory only.

Number of homes that went under contract were down from 17 in May 2013 to 15 in May 2014. Although they were up since last month from 14 to 15 homes.

The average days on the market currently in this dover area was around 71 days which is less than last month and last year’s average.

Most of the homes that sold were purchased with cash, FHA and conventional  financing.

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View all the homes for sale in Dover, FL

 

If you are looking to buy or sell a home in Dover or have any questions regarding dover real estate call Lovely Rehsi before making any decisions.

The communities in this zip 33527 and Dover includes Abbey Trace, Barrington, Blaszyk Reserve,Dover Woods, Dunn, Durant Trails, Gallagher Acres, Hidden Forest, Jaudon Ranch Estates, Kim Acres, Martin’s Gardens, Ridge Crest, Siloam Springs Wood, Sparkman Heights, Stoney Creek, Trails at Durant, Virginia Acres, Whisper Lake, Whitlock and more. A number of homes in these communities feature swimming pools, conservation or pond views, large walk-in closets, upgraded kitchens and baths and more.

View all the homes for sale in Dover, 33527, Florida

 

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