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Fishkind: Why It’s A Buyer’s And A Seller’s Housing Market


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90.7's economic analyst Dr. Hank Fishkind, President of Fishkind and Associates

90.7's economic analyst Dr. Hank Fishkind, President of Fishkind and Associates

If you’re looking to buy a house but aren’t seeing a whole lot of options – it’s not you. Well, it might be. As Hank Fishkind tells 90.7’s Catherine Welch it all depends on what kind of house you’re searching for.

Fishkind says the good news is that new construction is growing across most of the state, with the notable exception of Miami-Dade. In existing home sales, more homeowners are renting their homes instead of selling them because they can get a hearty rent for them or they’re waiting for sales prices to climb, says Fishkind.

Click on the play button at the top of the page to learn more.

Orlando Home Sales

July 2016 July 2015 Percent Change Year-over-Year
Closed Sales 3,108 3,305 -6.0%
Paid in Cash 682 900 -24.2%
Median Sale Price $230,000 $200,000 15.0%
Average Sale Price $269,762 $245,147 10.0%
Dollar Volume $838.4 Million $810.2 Million 3.5%
Med. Pct. of Orig. List Price Received 97.1% 96.5% 0.6%
Median Time to Contract 29 Days 38 Days -23.7%
Median Time to Sale 78 Days 84 Days -7.1%
New Pending Sales 2,709 3,096 -12.5%
New Listings 3,480 3,588 -3.0%
Pending Inventory 4,457 4,932 -9.6%
Inventory (Active Listings) 9,774 10,705 -8.7%
Months Supply of Inventory 3.6 4.0 -10.0%

 


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About Catherine Welch

Catherine Welch

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