Florida Real Estate Blog

Real Estate is a very tight geographic.  What happens in St Cloud has no effect on Longwood.  So as professionals we try to stay tight when we are looking at the current trends. You must do this to successfully advise your sellers and buyers on what is a fair price.

So lets look at one zip code in Longwood. That is 32750, currently we have 215 Single Family Homes for sale and over the last 6 months we sold or are under contract 90 homes.  That averages 15 homes a month. Given that activity level it would take 14 month to exhaust our inventory.  This is not a bad market if you look at the entire tri county area they are saying that time frame would be over 24 months. 

So keep the faith we have buyers in your neighborhoods buying homes.  Our job is to keep it priced right, keep it looking good and make it available to those buyers at a time that is good for to them.  Oh yes just in case you where wondering what defines a hot market. That is when the inventory is around 6 months.  Been there did that don't want to go back there again.