- Blog Archive: March, 2011 | Page #4

February 'figures' From Short-Term Rental Land…

February saw 259 homes sell across the short term rental communities with the majority of these sales comprising bank owned and short sale related closings. Inventory of listed homes fell during the month to record 1858 at the month end compared to 1948 in January. The average days that a home now takes to sell increased by 1 from last month to stand at 146 with the average home now achieving 95.5% of the listed price. Awaiting closing 986 homes now record as pending/under offer which reflects an increase of 90 homes from last months total. During February 119 homes withdrew from the market having been unable to attract a buyer during the listed period. The February sales pace of 259 homes projected…