The Real Estate Market in 2022 has surely shaped the future for years to come as we saw exponential growth in many of our communities. Heron Bay’s had 157 sales in 2022 for the Single Family Market, and 223 in 2021.

Average Days On Market

Each community is different, yet Heron Bay stood out as homes sold faster this year. In 2022, Heron Bay’s Average Days on Market was 25 and in 2021 it was 33 days. Each community has desirable qualities. The unique characteristics in Heron Bay managed to propel forward in their hyper-local market this past year.

Median Sales Price

The biggest change in the market was that in 2022 the median sales price in Heron Bay was $980,000. The community had it’s fair share of Record Sales this past year. In 2021, it was only $805,000. Although, with the recent increase in interest rates we may expect home prices to decrease as we come into the 1st and 2nd quarters of 2023.

4

0

PRICE REDUCTIONS

17

39

6/33 $919,000 PENDING SALES SOLD IN PAST 180 DAYS MEDIAN SALES PRICE

2/4 $510,000