To answer the infamous Cocktail Party question...
From June to July, the number of homes listed increased just a little, while the number of homes sold (closed) decreased significantly. The good news is that for the last couple of months, homes going pending has been increasing quite a bit, which means sold homes over the next couple of months should follow suit.
For the last year or so, homes in Orange County have been on the market for an average of 83 days before going to contract. For the last 6 months, that has actually been decreasing (Good news for you looking to sell your home!). More good news for sellers is that they're receiving approximately 95% of what they're asking for their homes!
You can find this info by simply clicking the link below. Feel free to contact me if you have any questions.
http://coldwellbanker.net/marketTrend/fla/orange.html
About Me
- Nemi Weeks
- I am one of those Florida natives you never run into. Being born and raised here, coupled with being a member of a family of landlords, has resulted in a strong interest in real estate. I have a wonderful and supportive husband and a 2 year old who is the reason behind it all. Life is good!!
