Inventory is increasing which is good news, its up 6.42% over August, and maybe a sign prices will be stabilizing a bit. Its a great time to buy real estates as there are fewer buyers in the market place now as opposed to first 3 quarters of the year. Mortgage rates holding steady, many mortgage experts think this will continue to be the case. Median price of a home inching up to $155,475.
- Average Mortgage Rate: 4.49%
- Total Inventory: 9,127
- New Listings: 3,588
- New Contract: 2,767
- Under Contract: 7,224
- Back on Market: 743
- Expired: 305
- Withdrawn: 742
- Sales Closed: 2,404
- Average Days on Market: 67
If you are in the market for a home and need help, contact Buyers Broker of Florida.
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