June numbers in Central Florida look great!
June by the Numbers |
|
| Median Price | $125,000 (+13.64 %) |
| Sales | 2,449 (-6.20%) |
| Pending Sales | 9,963 (-1.23%) |
| New Listings | 3,214 (+0.31%) |
| New Contracts | 3,289 (-10.63%) |
| Interest Rate* | 3.80% |
|
Compared to June 2011 |
http://www.orlrealtor.com/news/97373/stats-release.htm
Buyers are having trouble understanding that offers should be at market value. They are losing out trying to undercut prices. Good listings don't last very long here these days.
How are things in your neck of the woods?
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