This is the day we’ve all been waiting for…there is incredibly positive real estate sales news to report.
● The number of Realtor-assisted sales pending for single-family homes in Lee County was 1,088 on Feb. 14, up 33 percent from 821 a month earlier.
● The Realtor® Association of Greater Fort Myers and the Beach (Lee County) had an 85.4 percent upswing in pending single family home sales in the last 10 weeks. The number of months it takes to sell all residential properties has dropped to 12 months from a high of 22.98 months in December 2007.
● In Martin County, there were 182 pending sales on January 1. Today, there are 345 pending sales, representing an increase of 90 percent.
● Pinellas County reported 600 single family units under contract in February, up 23 percent from 489 a month earlier.
● Marco Island (Collier County) reports pending sales numbers on March 1, 2008 at 135 while a year ago (March 1, 2007) this number was 104. Their pending sales on January 1, 2008 were 77 and in March 1, 2008, pending home sales were 135, up 75 percent.
● The Realtor® Association of Greater Ft Lauderdale (Broward County) has a forecast of pending sales that is quite impressive. Their single family pending sales (which includes condos and townhomes) totaled 529 in January but their pending inventory forecast for the month of February is 871. That is an increase of 65 percent.
● Palm Beach County has seen a drastic increase in single family homes sold between January and March this year. Between January 14 and February 14, 2008, 672 homes were sold. Between February 15 and March 10, 2008, 827 homes sold for an increase of nearly 30 percent month to month.
● The Venice Area Board of Realtors® (Sarasota County) reported 110 pending sales in February 2008 compared to 85 in January 2008. This is an increase of 29 percent.
● Naples Area Board of Realtors® (Collier County) had 513 pending sales in February 2008 compared to 413 pending sales in January 2008, an increase of 24 percent. Also, the pending sales for February 2008 are 10 percent higher than pending sales in February 2007 (464).
● The Orlando Regional Realtor® Association report s an increase in pending sales in both Orange and Seminole Counties. In Orange County, pending home sales increased by 29 percent from February to March and in Seminole County, pending home sales went up from 331 to 404, a 22 percent increase.
● The Sarasota Association of Realtors® MLS (Sarasota County) reported 654 sales pending (single-family and condo) in February 2008, an increase of 27 percent over the 516 sales reported pending in January 2008. In addition, Sarasota had 418 closed sales in February 2008, up 28 percent from the 327 closed sales in January 2008.
It’s a Great Time To Buy Florida Real Estate
http://media.floridarealtors.org/GreatTimeToBuy
About Me
- Rich Cornelius
- Born in New York, I retired to the Tampa Bay area at the ripe old age of 18 months, and have been a resident ever since. I attended Embry-Riddle Aeronautical University, received my Bachelors Degree in Aeronautical Science and became an airline pilot with a major carrier. After 5 years in professional aviation, I joined Sand Key Realty, Sales & Rentals. While at Sand Key Realty, I successfully sold more than $10M in residential real estate, including one of the highest sales on record on Clearwater Beach. In June of '07, I joined Coldwell Banker Residential Real Estate in Clearwater so I could better serve family, friends and clients alike and meet all of their real estate needs. In real estate, as in aviation, I do it right the first time because of the trust and responsibility placed in me by my clients. Simply put, it’s all about the details.
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