The Numbers

The September Team Donovan community reports have now been updated and are available from the following link:

                                                                               Community Reports

The July Team Donovan community reports have now been updated and are available from the following link:

                                                                               Community Reports

Published on 1st November 2016

October 'oracle' From The Resort Area...

Total closings across the resort area were down a net 17 homes from last month as 263 homes changed hands in October while year on year figures recorded 32 less closings than the October 2015 sold total. Overall inventory of homes was up 16 from last month at 1939 and up 76 from October last year. By type month on month figures revealed that normal owner listings increased by a net 16 at 1939, bank owned were up 1 at 40 and short sales increased by 2 to 29. The average days on market that a home takes to sell was down by 1 from last month at 133 whilst the average price that a sold home achieved considered against listing price was 97% which is unchanged from last month. The…

The October Team Donovan community reports have now been updated and are available from the following link:

                                                                                Community Report

September 'summations' From The Resort Area...

Inventory levels in September were up a net 33 homes from August to a revised 1923 listings which was 69 homes above the 1854 total of September 2015. By listing bank owned month on month listings were down 9 at 39 whilst short sale listings fell 4 at 27. Normal owner listings showed an increase in net inventory as 46 homes were added during the month to give a revised 1857 total.  The September activity report also detiled that 281 homes changed ownership in the short term rental communities during the month which was 50 below August and 39 lower than the 523 total closed in September 2015. The average days on market that a home takes to sell was down 3 to 134 but up 3 from the 131 level of September…

The September Team Donovan community reports have now been updated and are available from the following link:

                                                                                Community Report

August 'arithmetic' from the Resort Area...

The resort area market reported 331 sales in August which was a 14.6% increase in closings compared to August 2015 and 13 higher than the July 2016 318 closed total. Homes that sold achieved an average 97% of asking price which was up slightly from the 96.8% recorded last month. Homes that sold did so after an average 137 days on the market, up 1 from last month and 8 higher than the 129 days it took for a home to change hands the same month last year. The median price of an area home was up 7.4% year on year to $177,183 with inventory levels almost unchanged from a year ago at 1890 homes listed for sale. By type current inventory comprised 1,811 normal owner listings, 48 bank owned homes and 31 short sales.…

The August Team Donovan community reports have now been updated and are available from the following link:

                                                                                Community Report

The July Team Donovan community reports have now been updated and are available from the following link:

                                                                                Community Report

June 'journal' from the Orlando resort area...

The total number of June closings were up 22.9% from May as 413 homes changed hands during the month. This total represented an increase of 32.7% on the June 2015 sold total of 311. The average closed home achieved 97% of the asking price which was up on the 96.6% recorded in both May and June 2015. The average days on market that a home takes to sell was 134 which was a rise of 4 days from the 130 recorded last month and the 129 days seen in June 2015. The areas median price was up 5.8% year on year at $173,461 whilst the number of homes under contract awaiting closure was 593, down 21 from the 614 recorded total of last month. During June 134 homes were withdrawn from the resort area market having been…