ORRA released just released its Market Pulse publication which shows the current market trend for Central Florida through the month of April. As the inventory of homes is shrinking to a 2 year supply. There is a current inventory of 20,194 homes on the market, 1,741 of those have closed in the past month. Of all the homes that have closed 55% of the sales were bank owned properties or short sales. It is encouraging though that homes are selling. The stats also show that the average number of days that a home sit on the market is decreasing. This is all great news.
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The source of the listing data is as follows:
My Florida Regional MLS (updated 3/23/18)