Here is a break down of Months Supply of Inventory for Summerport - Windermere Fl. This is a break down by month from June 2012 to June 2012 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 and is currently is 353 homes. The UCT-Under Contract homes have increased over the last year at 102 in June 2013. The under contract total has gone up because we have a lot of short sales in the market that are pending but still waiting for bank approval. The avg days on the market for these homes UCT has dropped from 165 days in June 2012 to 91 days in June 2013 or a 41% drop. So, more homes are under contract this June 2013 than June 2012. The MSI or the Month Supply Inventory has dropped 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 direct 407-575-5392 from Wendy Morris Realty to help you market your home.
Make sure you come back every month to see the market statistics for Windermere Fl. I will be posting this information on a monthly basis to help all our clients.
|Month||# Properties For Sale Last Day Of The Month||# Pending Properties||MSI||Pending Avg DOM|