A nice and quiet fishing town situated on the enchanting shores of the Gulf of Mexico, Hudson is the perfect place to buy a home for the peace-loving and the thalassophiles.With a population of just 12,768 people, access to a beautiful beach, surrounding water canals and golf courts, Hudson, with its sub-urban charm has a relatively blooming real estate market, despite its small size.
It has definitely come a long way today from that poor county where a gulf-house could be bought at shockingly low rates and boasts of savvy estates at Beacon Woods East that are purchased at soaring rates by happy buyers.
A lot of houses portray the classic 70ties and 80ties style, having being built predominantly in that era. The number of modern ones built after the 2000s are lesser in number, as luxury homes entered Hudson only during the 1990’s.
What is the market like?
Hudson’s average house prices lie at $123,200 compared to the national average of $180,100 and Florida’s average of $198,000.
The number of houses sold rose to a peak during August 2016 and fell dramatically in beginning of 2017, only to see a rise again during the month of July.
With just about 5457 homes and apartments plus a low demand rate, selling your home by yourself in Hudson is no cakewalk. Homes don’t go on the market as frequently as in large cities, although it does provide great opportunities for investors looking at commercial property.
The number of home-owners is more compared to renters but vacant houses in the market present a problem for sellers.
Though homes have lost value during the last ten years, over the last twelve months appreciation rates continue to be high compared to the national status but lower than 50% of cities within Florida.
The median home sales and value have shown an increase over the past year and are predicted to rise within the next year.
So what are you waiting for?
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