Market Stabilizing
The market statistics continued to look good for the month of May. Inventory dropped from 1824 listing to 1752 listings and 197 sales were recorded in the Mid-Florida Regional MLS system. That equals a 9 month supply of homes.
Some other Statistics that you my find interesting:
12 – 13% of the listings are short sales.
13 – 15% of the sold properties this year were short sales.
13- 15 % of the sold properties this year were Bank- owned making 25-30% of all sales distressed sales.
Call me if you need to buy or sell!
Your Real Estate Source,
Buck Settles
