Orlando Real Estate Market News - November 2011
Posted by Team Donovan on
November 'numericals' From The Four Corners…
Area sales increased in November as 265 homes changed hands across the communities tracked by Team Donovan. Overall inventory levels remain little changed as the month of November finished with a total 1137 listings available for sale. Homes that sold over the past month achieved an average 96.62% of the listed price having spent on average 158 days on the market. During the last month owners withdrew 71 homes from the market having been unable to attract a potential buyer. The total amount of homes recorded under offer/contract was down by 38 from last month to record a revised pending/under offer total of 855 homes. Based on the markets current sales pace divided by the overall inventory level would indicate…
