The fist week of October saw a dramatic slowdown in the Real Estate Market in Seminole County. Sales over the past 30 day period slowed down as much as 60% in some zipcodes like 32779 (Longwood).
September is typically a slow month but this is unusual. Seminole County (as a whole) went from 12.65 months of inventory last week to 19.26 months of inventory (a 52.26% increase in 1 week!).
These numbers should bounce back in October/November, however, the trend has been a decline at the end of each month followed by a slight bounce back.
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