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.
|
Number |
Properties |
Turnover % |
Months |
|
| 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 |
