Orlando Real Estate Market News - January 2013
Posted by Team Donovan on
January ‘reporting' From The Four Corners…
The opening month of 2013 registered 201 home sales across the communities tracked by Team Donovan after an average of 154 days on the market with the average Four Corners home closing at 97% of its listed price. Overall inventory levels increased for the 8th consecutive month to revise the total number of homes listed for sale to 1171. By listing type Januarys inventory comprised 923 normal owner listings, 158 short sales and 90 bank owned homes. Although inventory levels have steadily increased over past months the total number of homes for sale remains little changed from the January 2012 recorded figure of 1167. The number of homes under contract awaiting closure across the communites stands at 679 which is…