Orlando Real Estate Market News - June 2012
Posted by Team Donovan on
June 'journal' From The Four Corners…
The four corners area saw 240 homes change hands during June with the average area home selling for 96.6% of the listed price after 157 days on the market. When compared against June 2011 the average days on market is up by 4 days and the average percentage price achieved of a sold home remains unchanged. Overall inventory levels compared to one year ago are down by over 300 homes with the June 2012 850 total comparing to 1191 listings this time last year. Junes inventory total by type comprised 644 normal owner listings, 61 bank owned homes and 155 homes listed as short sales. The pipeline total of homes under offer/contract awaiting closure at the month end stood at 896 which is down 38 from last months 934 total…