There are significant numbers in the statistics that have now been posted on out website. Go to http://www.floridagulfproperty.com/ and click on November 2009 Statistics from the Home Page. As we review the numbers, some very important trends continue.
Single Family Homes
November '09 Listings - Down 28.6% From 2008
2008 - 8539
2009 - 6096
November '09 Sales - Up 36.6% From 2008
2008 - 429
2009 - 586
Condos
November '09 Listings - Down 23.1% From 2008
2008 - 7001
2009 - 5382
November '09 Sales - Up 29.8% From 2008
2008 - 235
2009 - 305
Prices remain flat or down slightly reflecting Sellers willing to compromise their price in order to make the sale... but more significantly the short sales and foreclosures impacting the price points. But one thing is for sure... inventory being reduced combined with increasing sales signifies we are on the way toward recovery. Sharing this information with help others feel more confident that the time to make a purchase is now. Also, be sure to take a look at the Blog on Mortgage Qualification.
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