Orlando Real Estate Market News - July 2011
Posted by Team Donovan on
July Figures From The Four Corners…
July saw overall inventory levels continue their well established downward trend and to revise the total number of homes listed for sale to 1121 across the communities which was down a further 70 from the 1191 June total. Month on month closings last month fell with 255 homes selling during July, down 15 from the 270 June sales total. The average days that a home is taking to sell increased by 3 in July to stand at 156 with the average home selling for 96.2% of its final listed price. Homes recorded as under offer/contract fell by 68 over the past 30 days to leave 983 homes currently awaiting closure as at the month end. The number of homes withdrawn from the market without achieving a sale during the past month was …
