listings vs sales: The ugly picture of South Florida Real Estate
- 02/16/08 07:04 AM
The chart below is current as of this month. What it is showing is the number of listing on the market (Green), the average price per sale(Yellow), the number of new listings add(Red) and last the number of listing sold (Blue) in the past two year on a monthly period. Two of those line paint a very scary picture of the future, can you guess which two? The Green line is the inventory of homes in the MLS back in June 2006 we have a inventory of about 2000 home and were closing close to 500 deals a month according to the Blue … (2 comments)
The chart below is current as of this month. What it is showing is the number of listing on the market (Green), the average price per sale(Yellow), the number of new listings add(Red) and last the number of listing sold (Blue) in the past two year on a monthly period. Two of those line paint a very scary picture of the future, can you guess which two?
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