Here is a break down of Months Supply of Inventory for Orlando Fl September 2012 to September 2013. This is a break down by month from Septmenber 2012 to September 2013 will show you the number of properties on the market the last day of the month, number of properties under contract, MSI - Months Supply Inventory, and Under Contract - Avg. Days on Market.
As you can see below on the graph, the # of properties for sale has steadily decreased over the last year by 1,591 homes and is currentlyat 4,056 homes. The Pending/ UCT-Under Contract homes has incresed by 236 homes and is at 1,299 pending at September 2013. The avg days on the market for these homes Peding/UCT has dropped from 136 days in September 2012 to 86 days in September 2013 or a 40% drop. The MSI or the Month Supply Inventory has dropped from 5 months down to 3 months.
If you are thinking of listing your home for sale in the summer season then I would tell you that this is the best time to put your home on the market. The prices are gradually going up as the inventory on hand is going down, so as supply and demand will dictate the prices will be rising. Call Wendy Morris from Wendy Morris Realty on 407 575 5392 to help you market your home.
Make sure you come back every month to see the market statistics for Orlando Fl. I will be posting this information on a monthly basis to help all our clients.
Sep-2012 vs Sep-2013: The average months supply of inventory is down 45%. Below is the graph of all the activity by month from September 2012 to September 2013:
|# Properties For Sale Last Day Of The Month||# Pending/UC Properties||MSI||Pending/UC Avg DOM|
Call Wendy Morris on 407 575 5392 Wendy Morris Realty to see any new homes for sale in Orlando Fl.