Orlando Home Inventory Balance Between Buyers & Sellers.

by Phil on August 20, 2009

Orlando homes inventory for this month’s featured communities fell to a very balanced 7.28 months on hand of unsold homes. Most Experts point to a 6 to 9 months of inventory on hand as a balanced real estate market.

This month Hunter’s Creek’s sales surged to a 24% turnover rate, leaving only 4.11 months on hand of unsold homes in the South Orlando community.

hunters-creek-3

 

Number
of Listings

Properties
Sold

Turnover %

Months
on Hand

         
Baldwin Park

96

16

17%

6.00

College Park

197

19

10%

10.37

Conway Area

154

14

9%

11.00

Dr Phillips Area

418

42

10%

9.95

Hunter’s Creek

181

44

24%

4.11

Lake Nona

218

34

16%

6.41

Waterford Lakes

102

33

32%

3.09

Averages

17%

7.28

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