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

Leave a Reply

Your email address will not be published. Required fields are marked *

*


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

X

Affordability Calculator

  • Monthly Gross Income ($)
  • Monthly Debt Expenses ($)
  • Down Payment ($)
  • Interest Rate (%)

Mortgage Calculator

  • Price of Home ($)
  • Down Payment (%)
  • Mortgage Term (Y)
  • Interest Rate (%)
  • Monthly Payment ($)

Closing Cost Estimator

  • Loan Amount ($)

Quick HomeSearch

Featured Listings

11747 WILLMINGTON Blvd, Port Charlotte

$650 | Sq Ft: 888 | Bedrooms: 2 Bathrooms: 1

709 TRIANO Cir 709, Venice

$1,100 | Sq Ft: 1410 | Bedrooms: 2 Bathrooms: 2

3398 MOUNT HOPE St, North Port

$44,900 | Sq Ft: 1026 | Bedrooms: 2 Bathrooms: 2

157 MARTINIQUE Rd, North Port

$69,900 | Sq Ft: 1266 | Bedrooms: 2 Bathrooms: 2

660 CIRCLEWOOD Dr 660, Venice

$79,900 | Sq Ft: 1095 | Bedrooms: 2 Bathrooms: 2

Previous | Next

Ask a Question

Your Name (required)

Your Email (required)

Subject

Your Message

Mortgage Calculator

  • Price of Home ($)
  • Down Payment (%)
  • Mortgage Term (Y)
  • Interest Rate (%)
  • Monthly Payment ($)
Request More Info about Venice, FL.

Thank You!We are so glad you're interested in Venice, FL., we'd love to have you move here. Please fill out the form at right with any questions you may and we'll get back in touch with you shortly. Thank you.

Your Name (required)

Your Email (required)

Subject

Your Message

Blog Posts