Where have all the For Sale Signs Gone?

By
Real Estate Agent with Berkshire Hathaway HomeServices | Pen Fed Realty 3107554

Okaloosa County - April Sales Trends Report

Okaloosa County has approximately 181,000 people living in 930.25 square miles of space.  Towns include Fort Walton Beach, Destin, Crestview, Bluewater Bay, Niceville, Valparaiso, Mary Esther, Eglin AFB, and Hurlburt Field.

There were 273 homes sold in the month of April in Okaloosa County.  For the year it is up slightly by 2.88%.

There were 112 condos and townhomes sold in the month of April.  For the year this number is up 19.44%.

Residentail Lots saw a decline in sales activity.  Only 65 sold in the month of April and down 13.37% for the year.

There were 66 Foreclosures in Okaloosa County in April of this year, but hold on........Looks like more will be hitting the market soon as the banks are releasing some shawdow inventory.  There were 165 new filings of Notice of Foreclosure for the month of April.  An increase of 129.72 percent over last year.

We are not through this totally yet, but For Sale Signs have drastically disappeared along the roadways.  Inventory is dropping a bit and I foresee rising prices in the next few months.

If you are looking to purchase, please consider using a Buyer's Representative instead of calling the Listing Agent on the sign.  I work Exclusively for my Buyers disclosing to them everything that I know about an area to help them save time, avoid frustration and in the end love what they are buying.

I look forward to hearing from you!

 

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Tags:
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destin
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okaloosa county
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Rainmaker
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1~Laura Filip
1~Laura Filip Broker , Opening doors for All Seasons of Life - Whitesboro, TX
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Great ideal for a post and what a wonderful header to use.

May 19, 2012 02:06 AM #1
Rainmaker
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1~Laura Filip
1~Laura Filip Broker , Opening doors for All Seasons of Life - Whitesboro, TX
What can we do for you today?

What a beautiful photo the water is awesome

May 19, 2012 10:21 AM #2
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Kelly Klein

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