Berkshire Hathaway HomeServices · Florida Showcase Properties
Northridge Estates
Neighborhood Market Snapshot · Seller’s Edition · Villages of Citrus Hills · Hernando, Florida
One-acre well-and-septic homesites in the northern section of Citrus Hills, under the Citrus Hills POA
Prepared October 1, 2026 · All sales since 2021 · resale & new
⚠ A SMALL, THIN MARKET — read this as directional, not precise
Only 20 homes have sold in Northridge since 2021 — about three a year, and roughly 3 in 10 were brand-new construction. That is far too few resale sales to chart a reliable price trend or call a market direction with confidence. Every figure here is a rough guide, and a single unusual sale can move the numbers. For a precise read on any specific home, we compare it directly to the closest recent sales.
SELLER'S MARKET
3.0 months of homes for sale — a seller’s reading, though it rests on a single listing in a neighborhood where only a few homes change hands each year.
20 homes
sold since 2021
About three sales a year — a very small market
$397,500
· $193/sq ft
Typical sale, last 24 months (8 sales, resale & new)
119 days
· 93% of ask
Recent homes took ~4 months and sold $28,200 under first price
The Bottom Line
Northridge is a small, mostly one-acre pocket in the north of Citrus Hills where only a handful of homes trade each year, so comps are scarce and pricing is less forgiving. With about 3.0 months of supply the market reads as a seller’s market, though with one home for sale a single listing swings that call. Recent homes took a median of 119 days to sell and closed at about 93% of their original ask (a typical $28,200 cut). The lesson in a thin market is the same as a busy one, only sharper: price to the closest recent sales from day one, because there is no crowd of buyers to correct an overprice.
The little data there is follows →
Northridge Estates · The Little Data There Is · A Small Market
Resale Sales, by the Year
| Year | Sold | Median Price | $/SqFt |
|---|
| 2021 | 4 | 270,000.00 | $156.44 |
| 2022 | 5 | 280,000.00 | $191.08 |
| 2023 | 1 | 315,000.00 | $146.85 |
| 2024 | 1 | 490,000.00 | $255.47 |
| 2025 | 2 | 390,000.00 | $187.75 |
| 2026 YTD | 1 | 343,500.00 | $194.07 |
Resale homes only. Single-digit yearly counts — treat as noise, not a trend. One resale closing so far in 2026. We chart nothing here on purpose: with one or two sales a year, a line would imply a precision the data doesn’t have.
Recent resale · existing
$385,000.00 · $194/sqft
3 sold, last 24 mo.
Recent new construction
$420,000.00 · $192/sqft
5 sold, last 24 mo.
New construction is about 30% of all sales here — unusually high for so small an area, which is part of why a blended "median" would mislead. Per square foot, the two products currently sell for essentially the same.
What the Snapshot Shows
1 / 1
homes for sale now / under contract — inventory is nearly nonexistent
None
of this cycle’s listings left unsold; since 2021, 3 of 23 expired or withdrew after a median 93 days
Northridge behaves like the small, established pocket it is: very few homes for sale, few sales a year, and a healthy share of new construction mixed in with 1980s–2000s resales on one-acre lots. That thin volume — not a hot or cold market — is the single most important thing to understand here.
How we’ll use it: rather than lean on a neighborhood average built from a handful of sales, we price and offer off the closest comparable homes, adjusted for size and condition. That’s the honest way to read a market this small.
What This Means for Your Pricing
- Price to the closest comps, not a memory. With only a handful of sales, one neighbor’s number can mislead — anchor to recent price per square foot (~$194 resale).
- A thin market punishes overpricing harder. Recent homes took a median of 119 days and still sold about $28,200 under their first ask — there’s no crowd to correct a high price.
- You’re competing with new construction. New builds were over half of recent sales here; position your home’s condition and price against them.
- Take a serious offer seriously. Buyers are few; the first strong one is often the best you’ll see.