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WINDERMERE FL HOMES FOR SALE | MSI - MONTHS SUPPLY INVENTORY - MAY 2013 TO MAY 2012

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Tue, Jun 11, 2013 at 10:30PM

WINDERMERE FL HOMES FOR SALE | MSI - MONTHS SUPPLY INVENTORY - MAY 2013 TO MAY 2012

 

Months Supply of Inventory
May-2012 vs May-2013: The average months supply of inventory is down -59%
 
May-2012 vs May-2013
May-2012 May-2013 Change %
5.9 2.4 -3.5 -59
 

 

Here is a break down of Months Supply of Inventory for Windermere Fl.  This break down by month from Mayl 2013 to May 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  325 homes.  The UCT-Under Contract homes have increased over the last year at 136 in May 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 181 days in May 2012 to 96 days in Mayl 2013 or a 59% drop.  So, more homes are under contract this May 2013 than May 2012.  The MSI or the Month Supply Inventory has dropped to 2 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 to help you market your home.   

Make sure you come back every month to see the market statistics for Winter Garden Fl.  I will be posting this information on a monthly basis to help all our clients. 

Months Supply of Inventory - May-2012 vs May-2013: The average months supply of inventory is down -59%

 
Month # Properties For Sale Last Day Of The Month # Under Conctract Properties Months Supply Inventory MSI Under Conctract Avg DOM
 
       
  May-2013     325     136     2     96  
  Apr-2013     379     78     5     101  
  Mar-2013     373     87     4     107  
  Feb-2013     359     79     5     170  
  Jan-2013     369     69     5     147  
  Dec-2012     379     55     7     230  
  Nov-2012     401     53     8     125  
  Oct-2012     414     62     7     130  
  Sep-2012     433     63     7     137  
  Aug-2012     451     65     7     165  
  Jul-2012     464     68     7     196  
  Jun-2012     464     79     6     165  
  May-2012     477     81     6     181  

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Damon Duvall

407-864-4626

Wendy Morris LLC
DBA Wendy Morris Realty
Licensed in the State of Florida
BK 3146762
14832 Speer Lake Drive
Winter Garden, FL 34787

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