Here in Weston, Florida, the Real Estate market is experiencing a shortage of inventory. True, the market is shaped like a “W” — and Weston is on the “first leg up” of the “W.”
As you can see, we are heading towards “hope” — and in some areas of South Florida, we are once again experiencing a Seller’s market — with its multiple bids and winning bids acting like crabs in a bucket.
Right now, there are 319 active, single-family listings in Weston, ranging in price from $175,000 to $16 Million: For the complete matrix with the details of the listings (no photos): CLICK HERE.
For those 319 listings, below are the market statistics:
Facts and Trends “Months of Inventory” for Weston: It would appear we currently have 5.1 months of inventory:
My next post will examine Single Family homes closed from January to June 15, 2010.
Tags: Facts and Trends, sentiment cycle, Weston, Weston Active Listings
Avg. Sales Price: 379,000
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