Residential Real Estate Market Trend Report for Southwest Florida – November 2013

Combined sales of single-family homes and condomini ums throughout Sarasota, Manatee and Charlotte Counties during November were down by 9.5% compared with a year ago, even as the overall inventory rose by 8.6%. There is currently a 6-month inventory of homes and condominiums based on November’s pace of closed sales. This is up from the 5-month inventory of a year ago. Single-family home sales declined by 10% compared with last November even as inventories rose by18.2%. There is currently a 5.9-month supply of single-fam ily properties based on November’s rate of closed sales, up from last November’s supply of 4.5 months.

Click on the image below to view the full trend report for November.

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